Billionaire Hanauer Hammers Stock Buybacks
Self-made billionaire (meaning he didn’t inherit it), Nick Hanauer is not one to mince words, especially when they are backed by facts and principles of fairness. The Seattle entrepreneur, author and venture capitalist (he was the first non-family investor in Amazon), is known for vocally championing Seattle’s staggered increase of its minimum wage to $15 an hour as good for workers and the economy. Any contrary corporatist to debate him on this subject would lose big.