I like how everyone is upset with the “skilled work” part. But nobody did the calculation, that with Bezos pay and 16 dollars per hour, you could hire 562500 Workers. Which I think is crazy
But Bezos’ earnings are in addition to what Amazon uses for personnel expenditures, so that’s not instead of, it’s in addition to the number of people Amazon already can and does employ. Something like ~1.5 million employees, though that includes higher paid employees as well as the warehouse and delivery personnel.
I like how everyone is upset with the “skilled work” part. But nobody did the calculation, that with Bezos pay and 16 dollars per hour, you could hire 562500 Workers. Which I think is crazy
But Bezos’ earnings are in addition to what Amazon uses for personnel expenditures, so that’s not instead of, it’s in addition to the number of people Amazon already can and does employ. Something like ~1.5 million employees, though that includes higher paid employees as well as the warehouse and delivery personnel.
I think the relevance of the observation relates to how the business’s income is distributed among all those receiving some share.
You can hire way more than that, people don’t work 24/7, but I assume Bezos’ income in this post isn’t based on a peasant workweek.
That is actually pretty nuts.
Imagine having half a million people working under you, and you don’t even need them to turn a profit.
Leave first world nations, and you become a god. Not sure why more billionaires don’t do that.