As billionaire wealth soars $33 trillion, Mark Cuban says it’s time for workers to receive a cut of their employers’ success in the form of stocks

Core Insights - The increase in billionaire wealth, amounting to $33 trillion since 2015, is attributed to rising stock market values, primarily funded by retail investors and 401(k) plans [1] - Mark Cuban advocates for companies to provide stock ownership to all employees, suggesting that they should receive shares proportional to their cash earnings, similar to CEOs [1] - Cuban emphasizes that wealth accumulation by leaders is acceptable if it benefits all employees, promoting a model of compassion in capitalism rather than greed [4] Company Practices - Companies like Intel and Adobe offer stock purchase plans where employees can buy shares at a discount, with Intel allowing up to 15% of salary and Adobe up to 25%, both capped at $21,250 annually [2] - Cuban has a history of sharing profits with employees through cash bonuses rather than equity, highlighting a model where employees benefit directly from company success [5][6] - In past ventures, Cuban has distributed significant bonuses to employees, resulting in many becoming millionaires, demonstrating a commitment to employee wealth sharing [6]