Forbes looked at the five richest founders of public companies in the U.S. and found no correlation between growth in wealth and and increased personal security spending by the firms they founded.
. reaches levels not seen since the years before the Great Depression. That raised questions about seemingly exorbitant corporate perquisites reserved for the wealthiest executives — like companies picking up the tab for personal security.looked at the five richest founders of public companies in the U.S. and found no correlation between growth in wealth and and increased benefit for personal security paid by the firms they founded.
Berkshire Hathaway didn’t report security costs associated with protecting its avuncular CEO, Warren Buffett, until 2008, a year after a man with camouflage paint on his face and a fake gun tried to break into the billionaire’s home. In 2017, Berkshire spent $375,000 on personal and home security services for the Oracle of Omaha, a 16% increase from security spending five years prior. Over that same time Buffett’s net worth rose 72% to $75.6 billion. Today, his net worth stands at $82.
“Let’s say you have a totally under-the-radar billionaire. Nobody knew who they were,” Falkenberg says. “If that billionaire had a totally ordinary lifestyle, literally lived a life like the dentist down the street… there is no more risk to that person than there is the dentist down the street, unless someone is opening their bank statements.”
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Forbes' Richest Russian Gets Even Richer In LNG DealLeonid Mikhelson's deal with France's Total has more Europeans sharing his wealth in the Russian Arctic.
Consulte Mais informação »
When Corporate America Joins In the Podcast Craze, ‘It Gets Boring Fast’Companies try to use podcasts to communicate internally, but it seems most employees didn't get the memo. “Hard to follow, boring and dry hosts, and tooooo long.”
Consulte Mais informação »
Elizabeth Warren's mission to break up Facebook gets help -- from FacebookSen. Elizabeth Warren's latest push to break up social media giant Facebook got a boost this week from the social media platform itself. The Democratic presidential candidate unveiled her latest war against corporate titans last week.
Consulte Mais informação »
Billionaire Nelson Peltz is getting into the cannabis business
Consulte Mais informação »
‘It gets real personal, real fast’: Dems fear targeting Trump kids could backfireHouse Democrats have already gone to war with Donald Trump. But there’s one target they're skittish of hitting too hard: his children
Consulte Mais informação »
When Mark Zuckerberg Said Privacy, He Didn’t Mean Privacy From FacebookMake no mistake: The fundamental premise of Facebook’s business—gathering more data about us in order to reach us with more-targeted and effective advertising—will stay the same, writes Christopher Mims.
Consulte Mais informação »
A Facebook funeral party at its HQ once descended into violence, and security suspected gang involvementA Facebook funeral party at its HQ once descended into violence — and security suspected gang involvement
Consulte Mais informação »
Amazon has been a business bulldozer, except in videoAmazon has not been the major player in the streaming video, but it has the advantage of being able to tie content to products it sells.
Consulte Mais informação »