Disney CEO Bob Iger made $65.6M last year, 1,424 times that of the median Disney employee (a situation that Walt Disney’s grand niece called “insane”) — and last weekend, Disney’s movie Avengers: Endgame broke all opening records, bringing in $1.2B.
Bernie Sanders — who helped Disneyland employees win a $15 minimum wage last year — has a proposal for Disney’s windfall: share it with Disney’s lowest-waged workers and guarantee everyone who works for the company (which made $9B in profits last year) a middle-class wage.
What would be truly heroic is if Disney used its profits from Avengers to pay all of its workers a middle class wage, instead of paying its CEO Bob Iger $65.6 million – over 1,400 times as much as the average worker at Disney makes. https://t.co/NrcFSk4LZc
— Bernie Sanders (@SenSanders) April 29, 2019
(via Naked Capitalism)