but he's being paid less than $2 million over 2023-2024

Read that again. Someone making federal minimum wage would have to work 8 hours a day 5 days a week with no sick days and still wouldn't make that much in like 130 years, which is well beyond even a generous human lifespan let alone the usable years of a lifespan.

That federal minimum wage is grossly below what is needed just to survive is a different argument, except that it's people like Steve that are responsible for the disparity between income and subsistence level.