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by Someone1234 3857 days ago
It is because he is promoting "evil" socialist ideas that go against the very grain of capitalism (essentially sharing the wealth, and sharing the profits).

He's upset a lot of rich and powerful people who don't want their poor underlings to start asking why they aren't benefiting from the company's growth or profit margins.

Essentially he upset the status quo.

2 comments

It would be fine for him to share the profits, if the profits were his to share. The lawsuit seems to be that he was paying himself salary instead of distributing profits to cut out the minority shareholder's from their rightful percentage of profits (turning profits into his own salary).

Then it sounds like to spite his brother (the minority partner) he came up with a self-promoting way to give those profits to other people; and enrich himself through speaking deals, etc. again at the expense of the minority partner.

This guy is not the first person in history to pay his employees well. You're sadly mistaken if you think this guy is some socialist hero to the working class.
He isn't. But he is seen that way by others, and that's why upset THEM. This is more about them and how they perceive it (and the associated media) than about him directly.