Lenovo CEO Gifts $3 Million From His Own Bonus to Junior Employees, Again
2nd September 2013
Lenovo CEO Yang Yuanqing is spreading the wealth around again this year, giving away some $3.25 million from his personal bonus to the company’s employees around the world, reports Bloomberg. That’s an extra $250,000 over the $3 million he gave away in an identical gesture last year, and will roughly amount to an extra month’s pay for most of the 10,000 recipients. To put it in context, Yang made about $14.6 million last year, including just over $4 million in bonuses.
Something neither Bill Gates nor Steve Jobs ever did. Nor any of the ‘my taxes aren’t high enough!’ moguls who support Obama-socialism.