1 "work year" = 2080 hours
2080 hour per year x 1,200,000 dollars per hour = 2,496,000,000 dollars per year
Yeah, I dont think so.
EDIT: I see what you did there.
1 "work year" = 2080 hours
2080 hours per year x 120,000 per hour = 249,600,000 dollars per year
I suppose thats possible, if you're Bill Gates.