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by tormeh 3355 days ago
There is a substantial intersection between wealthy people and CEOs, but they're still employees, so they're not that wealthy.

I have no doubt that a lot of big-co CEOs are operating at the limit of human capacity, but that doesn't really have any effect on my opinion of trust fund kids.

2 comments

CEO's, as such, are employees, but lots of them are capitalists and derive as much or much more of their wealth from capital as from labor income.
Trust fund kids do exist, of course, but those are usually not Fortune 500 CEOs (or at least not for long, unless they worked hard for that).