Could you provide an example what such an amazing programmer knows?
In my experience beyond a level employers cannot even measure your knowledge, because that would require them to be really good at what you know best.
If you are an extremely good developer, you can get a job at Google or at a similar company, and you will receive slightly better than average compensation.
But getting 5x market rate? Being a good programmer is not enough for that I think, no matter how good you are (unless you built something truly special, like solving NP problems in P.:)). You have to build up your personal 'brand' for that I am afraid.
Edit: I am really curious who are those extremely smart programmers.
Edit: I am really curious who are those extremely smart programmers.
Guys on the top of this list?
http://community.topcoder.com/tc?module=AlgoRank
Or guys who were at the top of the Netflix prize top scores list?
Those are some truly gifted guys (one in a million caliber), but even most of them don't earn 5x market rate.