Billionaire Howard Schultz is very upset you’re calling him a billionaire
Get Melania Trump on the horn: Someone’s been bullying Howard Schultz by calling him a “billionaire.”
In an interview with CNBC last week, the former Starbucks CEO appeared to take personal offense to being described as a “billionaire.” He said that people should use the softer “people of wealth” or “people of means” to describe his class, which accounts for just 1 percent of the world’s population but controls more than half of its money.
“The moniker billionaire now has become the catchphrase,” said Schultz, who’s been a lifelong Democrat but is pondering an independent run for president. “I would rephrase that and I would say that ‘people of means’ have been able to leverage their wealth and their interests in ways that are unfair.”
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