Sorry everyone if this is a newbie question.
My understanding is that engineers in tech companies after working for 5 to 10 yours depending on which company they work at, they usually are able to save up quite abit due to the RSU that they receive as most large tech companies doubled their stocks in the past 5 years if not more.
For instance, an engineer who started working 5 years ago at company X with an average salary of 145k per year and was given 70K RSU annually ($280k vested over 4 yrs which is $70k / yr).
After 5 years of comfortable living with the 145k salary he would be collecting 5 * 70 * 2 = 700k from RSUs.
Is this more or less a true story or the reality is very different? If so how different is it?
Well a few people. Like the ceo of google.