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Comment by yostrovs | Hacker News Reader

Disney heir should give up her unearned wealth to the poor. The guy she's criticizing, that actually worked for his money, increased the value of Disney by many billions.

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IIRC, there was an article on HN a few months back about how she's given away tons and tons of money, more than anyone into her family. She seemed to be a good person in her interview, but I can't find the link.

I believe this is the thread/article in question. [0] (sorry for the low-content post, just recalled a fragment of the title and figured I could help.)

[0]https://news.ycombinator.com/item?id=19524325

There were lots of white men who called for an end to slavery in the U.S. Should they have just shut up and not tried because they were "in a position of privilege?" Some things are just wrong, and it's probably a bad idea to call their critique out because of whatever other positions they may hold.

Just because someone is inherently wealthy doesn't mean their opinions on operations of a given company, that happens to carry their name, is wrong.

Calling her wealth unearned is disingenuous. Are you saying that children have no right to their parent's wealth.

Entitled is not the same as earned. She might have been entitled to her inheritance, but she likely didn't earn it.

It's not that she doesn't have the right to the wealth, but that she didn't work for it. The executive probably did.

It's the Disney machine that really generates the windfall. Sure Iger steers the ship, keeps it from hitting the rocks, so it's worth compensating him highly. I just think some nuance is there.

Is there any books about ceos that came up with ingenious ideas to steer the company into profit that you would recommend? I’m interested in what a CEO does that makes his/her so many times more worth than your average man. Not being sarcastic just want to gain those skills.

I don't know either, but they seem to be Attorneys so they can navigate complex laws, or Engineers (Alan Mulally). They also seem to be well connected. What makes them compensated so highly is the large risk they manage, they are expected to meet shareholder demands. That said, some of it certainly feels excessive.

its interesting that they almost never have a large part of their salary connected to bonuses like salespeople do. They take risks for others and it’s an important job. But I do think it has more to do with culture.

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