Warren Buffett Takes Veiled Dig At Elon Musk While Criticizing CEO Pay Spiral: 'Envy And Greed Walk Hand In Hand'

In his final annual letter as CEO of Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK), Warren Buffett has highlighted a concerning trend of escalating CEO compensation amid Tesla (NASDAQ:TSLA) CEO Elon Musk‘s revised pay. Buffett Criticizes CEO Pay Spiral Buffett pointed out the growing trend of CEOs increasing their own pay after witnessing their peers’ remuneration. The 95-year-old billionaire, who has been at the helm of Berkshire Hathaway for six decades, suggested that CEOs are driven by envy and greed, ...