Thursday, October 28

Dan Price: “The philanthropy of billionaires is a public relations scam”

  • Drafting
  • BBC World News

Dan Price


Dan Price slashed his salary by $ 1 million, mortgaged both of his houses and resigned his shares, while raising his employees in 2015.

Dan Price is tired of billionaires who do charity work and donate to the underprivileged.

It bothers him because he thinks it is a good excuse for not doing what they “really should” do: pay more taxes and better wages.

Price is the founder and CEO of Gravity Payments, a company that processes credit card payments.

He became known internationally when in 2015 he announced that he had decided to lower his salary by US $ 1 million and raise the salary of all his employees.

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