Henry Ford revolutionized mass production, churning out Model Ts by the millions. In 1914, Ford also changed work in America forever by paying employees the staggering sum of $5 a day, more than double the going rate.
His auto plants had become so efficient _ and so profitable _ that Ford Motor could well afford a fin a day. The higher pay gave the company a loyal workforce, with money in their pockets to maybe even buy a Ford.
Jeff Bezos revolutionized mass distribution of books and, well, everything else, churning out billions of sales on Amazon. While embracing automation wherever possible, like Ford before him, he has now advanced the working stiff by setting a new $15-an-hour minimum wage for his quarter-million employees.
Multiply that across 40 hours per week, 50 weeks a year: It's $30,000.
Good going to Bezos, the world's richest man, who is plowing money back into the most important part of his the money-making machine, the humans who keep it going.
