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In reply to the discussion: HuffPo: Why Bernie Sanders And Tucker Carlson Agree On Food Stamps They have a common enemy: Amazon. [View all]Honeycombe8
(37,648 posts)Jeff Bezos JUST rose to the top of the list, presumably because Amazon stock rose a lot, and maybe because at the same time, Bill Gates donated a lot to charities.
But in the top 10, there is not much difference, or use in, distinguishing between the top several.
Here are the top five:
Jeff Bezos, $112 billion
Bill Gates, $90 billion
Warren Buffett, $84 billion
Bernard Arnault and family, $72 billion
Mark Zuckerberg, $71 billion
The month before, the wealthiest man was Bill Gates.
But how wealthy the owner of a business is is irrelevant to wages for his business. Unless you think that a business owner can cut wages, when business is bad one month, then increase them the next month because the owner won big at the casino.
Wages are based on the market for that kind of work. What IS more reflective of a business owner are the perks and benefits. Is there a retirement plan that the owner contributes to? How many paid days off? What are the procedures for taking time off? How much vacation? Are there bonuses? Is the insurance good? What are the working conditions? Is the company legal and ethical, when it comes to paying overtime?
The benefits are as important, if not more important, than wages. Without them, the costs for days off, retirement, and medical care would mean a large amount of money coming out of wages. Benefits ARE part of wages.
I think it is a problem, though, that someone is agreeing with Trump in his personal vendetta against Jeff Bezos. The issue is really working pay and benefits at all companies. Not one in particular. That is very strange, to take on Trump's personal vendetta, when there are other companies with similar wages and benefits and are just as legitimate as targets as Amazon.