It’s meant to deify these CEOs. Gullible schmoes see this and think “well that makes sense, he spends every hour of his day working. That’s three times more than me! No wonder he makes a million times my salary! See, the only reason I’m not making billions is because I don’t have the divine skills and talent to work on my company all day.” (Or, “I choose to have a work-life balance cause I don’t mind making a little less money”)
These CEOs have PR teams dedicated to slipping out stories like these so it keeps the CEO looking like a king.
Also to convince gullible idiots to put in more hours and make more sacrifices because “that’s what it takes to make it to the top” not realizing that sacrificing your time and energy for a multi-billion dollar corporation won’t make you a billionaire. Rich people love the “hustle and grind” culture because it convinces people that if they just keep producing for the machine, the trickle down will finally come
It’s meant to deify these CEOs. Gullible schmoes see this and think “well that makes sense, he spends every hour of his day working. That’s three times more than me! No wonder he makes a million times my salary! See, the only reason I’m not making billions is because I don’t have the divine skills and talent to work on my company all day.” (Or, “I choose to have a work-life balance cause I don’t mind making a little less money”)
These CEOs have PR teams dedicated to slipping out stories like these so it keeps the CEO looking like a king.
Also to convince gullible idiots to put in more hours and make more sacrifices because “that’s what it takes to make it to the top” not realizing that sacrificing your time and energy for a multi-billion dollar corporation won’t make you a billionaire. Rich people love the “hustle and grind” culture because it convinces people that if they just keep producing for the machine, the trickle down will finally come