Yes all the time since the dawn of humanity and everywhere. They always take their share from the top of the crop first. I myself have seen CEOs cash out on bankruptcy while their workers still have months in unpaid wages and unpaid end of service:

https://www.thestreet.com/automotive/rivian-ceo-walks-away-with-403-million-despite-huge-losses

https://www.nbcnews.com/business/markets/ceos-rake-huge-sums-when-their-companies-go-bankrupt-flna1C7101027

https://www.ft.com/content/ca84483c-220c-42cf-a405-84b96a2d1b04

https://www.bizjournals.com/philadelphia/news/2026/05/05/qvc-group-ceo-rawlinson-2025-salary-bankruptcy.html