Steve Ballmer is set to make $1 billion a year for doing nothing

[–] BoastfulDaedra@lemmynsfw.com 3 points 2 years ago

If it keeps him doing nothing, it might actually be worth it...

[–] fosforus@sopuli.xyz 2 points 2 years ago

That’s for simply owning the stock — regardless of how it performs.

Is that correct? This is dividends we're talking about.

[–] Logh@lemmy.ml 2 points 2 years ago

So much for the excuse “honey, I’m working late again”

[–] aniki@lemm.ee 2 points 2 years ago

He also fucking sucked at his job. Isn't that wonderful?

[–] LodeMike@lemmy.today 1 points 1 year ago

That's a lot of cocaine.

[–] TheDeepState@lemmy.world -1 points 2 years ago (1 children)

Go Steve! It’s your payday!

[–] Algaroth@lemmy.world 1 points 2 years ago

You gonna party like it's your payday

[+] astral_avocado@lemm.ee -2 points 2 years ago (1 children)

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[–] Djtecha@lemm.ee 2 points 2 years ago

See this is the problem here. We have these insane examples of wealth that should really have been fixed with a 100% tax rate over something reasonable. But since we didn't do that we have the other extremes, calling for tearing down other streams of income or demanding you should work the rest of your life for a wage vs investments. Neither of these positions offer much value here. Really we should be pushing for voters to turn out and create a reasonable tax rate. Take WA for example and how they created a 7% tax on over 250k annual for capital gains. Could that be more? Maybe. Could it be a sliding scale up? Sadly no due to the state constitution atm. As an engineer there I might be in a position that pays that, which I'm OK with, but no way I could buy a house here or live comfortably without working if there's no investment income allowed. And I don't really want to spend the rest of my life working for shitty tech companies.

[–] zacher_glachl@lemmy.world -5 points 2 years ago (1 children)

well played.

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[+] jaschen@lemmynsfw.com -14 points 2 years ago

Um.... This article is clickbait. It's like If I invested super early at AAPL(Apple) and now have a billion dollars in Apple shares. Sure, I'm a billionaire, it doesn't mean I didn't do anything to get it.

Stupid article.

[+] LemmyIsFantastic@lemmy.world -18 points 2 years ago* (last edited 2 years ago) (6 children)

I am shocked that an OG Silicon Valley business owner and right hand man of the creator of the most popular software on the planet is till taking his cut of the shares. SHOCKED!

Doing nothing 🤦‍♂️

[–] aniki@lemm.ee 1 points 2 years ago

Which software was that again? Can you please elaborate on Steve Balmer's accomplishments.

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A Boring Dystopia