Instead, he kept all those shares and has more money than he could ever spend and many warehouse workers have worked incredibly hard and been unable to build any wealth over the years.
Instead, he kept all those shares and has more money than he could ever spend and many warehouse workers have worked incredibly hard and been unable to build any wealth over the years.
It's not true. He uses his money to fund space flight initiatives, and many other things besides.
Billionaires use their billions to make more billions. If it was wasted on unproductive spending, the future would be poorer than the present.
The board of directors can allocate stock to warehouse workers and/or pay them more. For that matter, you could send your money to these warehouse workers and yet you don't. This idea that Bezos should personally give up his fortune to increase warehouse worker compensation is a bit absurd. Amazon isn't a charity and its employees are not a registered 503c, either.
For profit companies can pay their workers better and still prosper. No one is suggesting Amazon should have been a non-profit. The suggestion is just that their CEO could have shared the wealth more with his workers. Workers who helped him build his fortune.