I am an individual contributor and just about to begin managing. However I unofficially lead a team of 20. There are still 4 levels above me that can be paid upwards of low millions dollars before entering executive titles like VP.
I'm 30 and it took running a startup, then pushing high profile products in a big 3 company then launching net new products and running as a solo entrepreneur within the company.
At the upper end, it's not about just being a manager or even being good. It's about how well you can create new opportunities that are strategically valuable for the company.
Honestly, I think of myself as just getting started, as I aim to reach 1m+ total comp per year.