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Keyword: robertkapito

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  • Young people struggling amid inflation are entitled, says CEO worth about $400m

    04/04/2022 7:08:38 PM PDT · by anthropocene_x · 43 replies
    The Guardian ^ | 2 April, 2022 | Arwa Mahdawi
    Robert Kapito, the president of asset management behemoth BlackRock, earns about $20m a year and is worth around $400m. You can buy a lot of fancy trinkets with that kind of money but alas it doesn’t seem to purchase much self-awareness. We are in the middle of a cost of living crisis, with low-income households disproportionately affected by the highest inflation in 40 years. People are struggling to heat their homes and worrying about feeding their families thanks to rocketing food prices. Kapito’s reaction to all this? To complain to a bunch of energy executives about how entitled young people...