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Sounds nice on paper, but that's not how accounting works. While Bezos' wealth has skyrocketed in the last year, the portion of that wealth that actually came
by riknos314 8y ago
Sounds nice on paper, but that's not how accounting works.
While Bezos' wealth has skyrocketed in the last year, the portion of that wealth that actually came out of the Amazon ledgers was under $2 million in 2017. [1]
Since it is the responsibility of the company to compensate employees, at most Bezos' cut is taking $2 million out of the pie, which divided across the several hundred thousand Amazon employees would give each worker less than $20 per year. Not exactly life changing.
Regardless of whether or not Amazon should pay employees more, basing that argument on the CEO's capitol gains on long-standing investments is ridiculous.
[1] https://www1.salary.com/Jeffrey-P-Bezos-Salary-Bonus-Stock-Options-for-Amazon-Com-Inc.html https://www1.salary.com/Jeffrey-P-Bezos-Salary-Bonus-Stock-O...