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Originally Posted by RPKESQ
Yes. That is one attribute that will affect their behavior.
But these people have more money than the typical Fortune 50 CEO types. The will send in a year what most rich people would consider their entire fortune.
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Oh yes. The extent of their wealth is hard to fathom. A Fortune 50 CEO might make twenty million a year for a couple of years, and then cash out his stock options for a few tens of millions more and retire with perhaps $50 million in the bank. That gets you a five million dollar yacht, a co-op on Park Place West, a suite at the Charles Cinq, and lifetime access to the corporate jet. The CEO of United Health made a hundred million a couple of years in a row and got sued to repay some. No one else comes close as far as being a CEO.
The Oligarchs are in a whole different league. Their boats will cost $50 million - the life savings of a Fortune 50 CEO. They have a portfolio of hundred million dollar houses. Their cars will cost more than an ordinary person in the US will save in his lifetime. It's the difference between millions and billions.
The reason the Oligarch is so much richer is easy to understand. The CEO is still an employee. He's a well paid employee, but he's still a member of the proletarians who sells his labor for a wage. The Oligarch has thrown off his chains and seized the means of production. Now he controls the wealth so he keeps the profit of the enterprise like a true capitalist.
Somewhere The Vohzd is smiling.