Tech billionaires tend to own the stock because they founded the company, and get "paid" from the appreciation of shares they already own. Increased tax on equity-based compensation would hit a lot of highly-paid hired hands, but not those truly rich.
Of course an increased capital gains tax might capture the founders too, as would a wealth tax (though the latter would be very hard to administer on private companies due to uncertain valuation). The major preference in the current USA tax code is for investment income over earned income (including both W-2 income and some but not all small businesses, and including equity-based compensation except (sometimes) to the extent it appreciates), not rich over poor or poor over rich.