It's for someone with 18 years experience, and Netflix pays all-cash (or lets you choose how much you want to redirect into stock). Total comp at a lot of FANGs is in that ballpark for that level. A high L7 at Google will get about that much, while L8 compensation is $1M+/year.

It also makes me wonder if this phenomena isn't new, but what is new is that we have anonymous verified salary survey sites to share it. I know some folks (friends of my parents, or parents of my friends) who were rainmakers at HP and Cisco. They would always just answer "A lot" when asked how much they made, but they lived in $2-3M+ homes a decade ago, before all the homes in the Bay Area started going for that much.