I knew a family that owned and operated about a dozen McDonald’s. They were definitely multi-millionaires, but I doubt over 8-figures.
Then I knew a girl who managed a Papa Gino’s (just one). She wasn’t doing so great, kind of poor.
But what some would say is that because these people have so much, they obviously are shorting their employees. But the same issues apply here, that I posted, accept 8 times more.
A simple $1 an hour raise won't raise an employees lifestyle much. But $1 per man hour could make the difference between being in business and out.