Billionaire Howard Schultz: Don’t say billionaire, say ‘people of means’.
6 February 2019
12:06
”Don’t call former Starbucks honcho Howard Schultz and his ilk billionaires.
He’d prefer “people of means.”
“The moniker ‘billionaire’ now has become the catchphrase,” Schultz told CNBC during an interview last month. “I would rephrase that and say that ‘people of means’ have been able to leverage their wealth and their interest in ways that are unfair.””
”“And I think that speaks to the inequality but it also directly speaks to the special interests that are paid for people of wealth and corporations who are looking for influence and they have such unbelievable influence on the politicians who are steeped in the ideology of both parties,” Howard — who’s worth $3.4 billion, according to Forbes — continued.”
