How much do CEOs actually matter? Throughout the Western world, and increasingly elsewhere, individual performance is glorified over and above collective team efforts. This is particularly true when it comes to leaders and entrepreneurs. For example, Steve Jobs, Jeff Bezos, and Elon Musk enjoy cult-like status and are widely regarded as modern tycoons of innovation.
Although such sentiments may not apply to most CEOs, even the anonymous CEO still benefits from the impulse: Most CEOs worldwide earn between 50 and 100 times more than the average worker. The CEO-to-worker pay ratio in America is even bigger, at 350:1.
Source: Are CEOs Overhyped and Overpaid?