For example, a Japanese CEO might have a salary of 4x that of his youngest salaryman. However, he also drives a $200k car. It is not "his" car, it is the company's car, but aside from the name on the title you could be excused for not knowing that. He's also homeless, if you discount the $10 million house which happens to be owned by the company's real estate arm which he happens to live in.
After he's CEO emeritus, he'll probably be provided with a board seat, a job at an affiliated company, or what have you, and the perks will continue, as befits someone of his stature.
This is true at all levels of the company, too. My salary was $30k, but there is some tangible value in having a pocket full of business cards which practically read "Attention, person who has just been handed this card: give the bearer whatever he wants. We're good for it. If you don't, we will remember." That status is very much not the same as the one you get if you combine two part-time jobs into the same level of income.