GREEDIEST AMERICANS LIST FOR 2014 IGNORES BANKSTERS AND HEDGE FUND FRAUDS by Sam Pizzigati
“Remembering the Greediest Americans” by Sam Pizzigati, on TruthOut Dec 24, 2014
Some people actually work to advance humanity all year long, but others mock such ideas and spend their days chasing massive qwealth while hiding in the shadows.
The inequality weekly for the Institute for Policy Studies has been publishing an annual list of America’s top ten greediest plutocrats young and old.
Among the youngest of America’s 2014 top ten greediest: the 38-year-old Travis Kalanick, the CEO and cofounder of Uber, a taxi-like service that lets travelers hail cars through a mobile phone app in 250 cities = Uber’s worth $40 Billion = “didn’t exist five years ago.”
2014 All-stars of GREED = Keeping our world a staggeringly unequal place.
#1 USA in WEALTH & INCOME INEQUALITY = Political reality = SUPER-RICH BRIBERY OF ELECTED AND BUREAUCRATIC OFFICIALS AND LEGISLATIVE KICKBACKS TO THE SUPER-RICH.
A FEW REAL LIFE FLESH AND BLOOD GREEDY WHO HAVE DECIDED THEY DESERVE PRIVILEGES OVER THE 99+% OF PEOPLE. Here is this year’s greediest of them all who can inspire the rest of us to fight for GREATER EQUALITY IN 2015:
#10 Paige Laurie Dubbert: Walmart Wealth = Granddaughter of Walmart founder Sam Walton’s brother and business partner = Charging wage theft during a divorce — When Walmart has feasted on wage theft for decades.
#9 Ken Langone = #1 oldest on GREEDIEST = 79-year-old Ken Langone who told pope to “cool it” on the “inequality front” = He hates the minimum wage + hates all regulations + hates government looking over his books. He is perhaps the last believer in Trickle Down Job Creators and LOVES Massive Concentrations of personal wealth. = Net worth of $2.6 billion.
#8 Dennis Jones = St. Louis mega millionaire says he SERVES THE POOR by sailing the seas on his $34 million yacht = $170,000/ MONTH he spends keeping his boat ship-shape = Funds paychecks for a 10-person crew.
#7 Micky Arison: Miami Heat owner and owner of Carnival cruise ship Empire = Greediest executive in an exceptionally greedy industry = Carnival incorporated abroad to sidestep USA taxes, labor laws, and safety regulations. + “Pay dirt cheap wages” with minimal benefits + Terminated retirement programs + Snatched tip income from staff + Fired 150 waiters for protesting = MAXIMIZE Arison’s personal fortune to $6+Billion.
#6 Jay Dweck: Goldman Sachs and Morgan Stanley = $4.8 million home. Dweck wants “to improve quality of life using technology.” = Make life sweeter — for the 1% = Live Better Systems markets high-tech marvels to his fellow awesomely affluent.
#5 Phil Knight: Billionaire Nike chairman spent $68 million on a three-building “Performance Center” for Oregon football + A plush temple to touchdowns that boasts 64 55-inch TVs in the main lobby + $7.6 million to construct a hangar for his personal $64.5-million Gulfstream private jet. But Nike empire can’t afford to provide decent workplaces for the company’s huge outsourced workforce = subminimum wages and horrible working conditions. Nike and Knight are still profiting mightily off factories suffering “from persistent problems with wages, work hours, and employee health and safety.”
#4 James Mitchell: The Torture Doc = USA Senate Intelligence Committee report on CIA torture tactics after 9/ll = Mitchell + Partner Jessen Designed the CIA “enhanced interrogation” TORTURE REGIMENT = PAIR Sold CIA officials talking al-Qaeda detainees for a $81 MILLION FORTUNE. BUT THEY FAILED.
#3 Paul Singer: Wall Street’s Top Hedge fund Billionaire = Practicing “vulture investing.” He snaps up the bonds of economically distressed nations at “next to nothing,” then flexes his fortune to force those nations to pay him far more than what he paid. = Congo ended up paying Singer $127 million on $10 million bought debt. = STRONG ARM EXTRACTION. + Singer originally paid $49 million for Argentinian debt BUT wants $832 million.
#2 Travis Kalanick: Getting Uber Rich Quick — see above
#1 Larry Ellison: Owning Everything = Pulls down more compensation than any other corporate CEO in the USA = 2013 income $78.4 Million from Oracle software company = His share is worth $50.6 billion. World’s fifth-richest person. Owns entire neighborhoods in Malibu and the Lake Tahoe area. + $3.9-million home in San Francisco + 23-acre estate $70-million faux 16th-century Japanese emperor’s palace + A real-life Japanese $86-million garden villa in Kyoto + $10.5-million mansion in Rhode Island’s Newport + $42.9-million golf estate in California’s Rancho Mirage + $500 million to buy 98 percent of the Hawaiian island of Lanai.