So OP's point still applies.
https://www.theguardian.com/us-news/2015/aug/12/bumble-bee-f...
This isn't about him. It's about the company the proved negligent. Had the amount been lower they would have just moved on and added it as "the cost of doing business". The Jury did this strictly for punishment. They also want other companies to see this verdict, settle and get their act together. It was 2015 and an employee complains about sexual harassment or racism... You should have listened. At least you will from now on. This is on Tesla.
This one only went through the courts instead of arbitration because it involved someone who they did not have under an arbitration agreement.
I'm not sure why they did not have an arbitration agreement. The person was a contract worker employed by a staffing agency rather than directly employed by Tesla, so maybe Tesla thought for some reason that would protect them?
Rather than worry about the billionaires you might worry how companies will do business if they are subject to massive penalties for racist word use among their employees. "Hey boss, wanna call me racist names for a bit, write some in the bathroom, and split a hundred million?"
How much do you think it should cost a company when a company allows blatantly racist behavior in the workplace and does nothing about it?
e.g. that story with a “noose” in the garage or black students writing racist graffiti on campus
Some do it for attention, others for financial gain
https://www.espn.com/racing/nascar/story/_/id/29354447/fbi-s...
https://www.stltoday.com/news/local/education/black-student-...
https://www.foxnews.com/politics/hoax-missouri-school-distri...
You look a wrong way and someone's gonna pull a race card on you, happily assisted by the closest ambulance chaser.