Do top hedge fund managers work 2,000 times harder than those earning minimum wage?

In 2012, the US average pay for a fast food worker was $18,720. Hedge fund managers averaged $1,037,151 or about 55 times what a fast food worker earned, and this is before bonuses which can run into the millions or, at top funds, the billions. The top hedge fund manager made $4 billion in 2012, or 2,136.75 times the earnings of a burger flipper.

We often hear right-wing appologists for the wealthy say that poor people just need to work harder. Can we assume from the numbers that the top earning hedge fund manager really works 2,136.75 harder than the people who serve up our burgers and fries in fast food joints? How about how hard janitors, sewer workers, garbage collectors and maids work? Ever tried picking tomatoes all day in the scorching sun?

How much good do hedge funds do for society? Would we be way better off converting all our food servers, farm workers, janitors, sewer workers, garbage collectors and maids into hedge fund managers?