Bloomberg’s Philip Boroff reviews a new book about the Rockefellers and finds this interesting comparison of the salary for MoMA’s director which has increased ten-fold when adjusted for inflation. Considering the museum is surely more than ten times the size today than it was when founded, this might be evidence that Glenn Lowry is underpaid:
In an amusing aside, Loebl notes that Barr’s starting salary in 1929 was $10,000, with the museum entitled to royalties on his books. That pay is equivalent to about $130,000 in today’s dollars. MoMA’s current director, Glenn Lowry, earned $1.3 million in the year ending in June 2009.
When the Rockefellers Went Shopping, Culture Was on the Block: Book Review (Bloomberg)
