Disney’s CEO made 1,424 times as much as his employees. An heir to the Disney fortune thinks that’s ‘insane.’

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Disney’s CEO made 1,424 times as much as his employees. An heir to the Disney fortune thinks that’s ‘insane.’
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Abigail Disney, the granddaughter of Roy Disney, called on the company that bears her name to give its employees a raise.

Abigail Disney is turning heads for speaking out about the pay taken home by Bob Iger, the CEO of the company that bears her name. By Isaac Stanley-Becker Isaac Stanley-Becker Reporter based in the U.K. Email Bio Follow April 22 at 6:17 AM Abigail Disney did the math, and she was troubled by the result.

The criticism set off a flurry of commentary about corporate responsibility in a moment of growing concern about wealth inequality — even about the very sustainability of capitalism. Her perspective is notable not only because of her famous last name but because of what her name conveys about the benefit she derives from the system she is criticizing. She is the granddaughter of Roy Disney, who founded the Disney Brothers Cartoon Studio along with his brother Walt Disney in 1923.

In an apparent rebuttal to the company’s explanation, the filmmaker elaborated on her thinking in a lengthy Twitter thread on Sunday. And yes I am aware that 125K employees got a 1,000 bonus after the tax bill was passed. That was how you spent 125,000M of your windfall. You also spent 3.6 billion on share buy backs. Seriously, are you kidding??

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