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Mega Millionaire Nick Hanauer’s warning to fellow rich guys: “The Pitchforks Are Coming…”

Mega Millionaire Nick Hanauer’s warning to fellow rich guys: “The Pitchforks Are Coming…”

Nick Hanauer

Income inequality is a big time issue for the democrats, and it doesn’t appear to be going away any time soon.

Today I came across an open letter written by mega millionaire Nick Hanauer, who was one of the first investors in Amazon, who had a warning for his fellow .01 %ers: spread the wealth around or the pitchforks will come…

  1. scott mckay07-08-2014

    Lars,
    My question to Mr. Hanauer’s is if I make 18 dollars an hour after 14 years and now some new guy with no experience is going to move from 9 bucks to 15. What is my employer going to do for me because that guy just got a 6 dollar raise!!! Not fair to me!! I’m sure every guy at every job will be asking for a raise!

  2. Harry Pollard07-09-2014

    Great interview.

  3. Fred ziari07-14-2014

    Giving someone a 50% increase ($10 to$15/hr) then what you pay an employee that made $15/hr ? ($15×1.5=$22.5/hr) and $30/hr ($30×1.5=$45/hr) and so on. It makes all of bussiness very disruptive.

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