Billionaires to the Barricades
In March, for instance, Paul Tudor Jones II, the private equity investor, gave a TED talk in which he proclaimed that the divide between the top 1 percent in the United States and the remainder of the country “cannot and will not persist.” Mr. Jones, who is thought to be worth nearly $5 billion, added that such divides have historically been resolved in one of three ways: taxes, wars or revolution.
.. And in June, Nick Hanauer, a tech billionaire from Seattle, wrote a blog post laying out the capitalist’s case for a $15 minimum wage. The post echoed sentiments that Mr. Hanauer made in a separate polemic he wrotelast summer for Politico, in which he addressed himself directly to the planet’s “zillionaires” and said: “I have a message for my fellow filthy rich, for all of us who live in our gated bubble worlds: Wake up, people. It won’t last.”