Quantcast

The 1 percent work harder, says billionaire

Published: Sunday, July 5 2015 1:54 p.m. MDT

Sam Zell, chairman of Equity Group Investments, and chairman of Equity International, is interviewed by Neil Cavuto, on the Fox Business Network, in New York, Tuesday, Aug. 6, 2013. The 1 percent of the United States — known for being the wealthy elite compared to the rest of the country, work harder, says billionaire Sam Zell, according to The Huffington Post. (Richard Drew, Associated Press) Sam Zell, chairman of Equity Group Investments, and chairman of Equity International, is interviewed by Neil Cavuto, on the Fox Business Network, in New York, Tuesday, Aug. 6, 2013. The 1 percent of the United States — known for being the wealthy elite compared to the rest of the country, work harder, says billionaire Sam Zell, according to The Huffington Post. (Richard Drew, Associated Press)

The 1 percent of the United States — known for being the wealthy elite compared to the rest of the country — work harder, says billionaire Sam Zell, according to The Huffington Post. Zell, the chairman of Equity Group Investments, said he agreed with Tom Perkins, a business person and capitalist, who said there was a war being waged on the 1 percent, HuffPost reported.

"The problem is that the world and this country should not talk about envy of the 1 percent. It should talk about emulating the 1 percent," Zell said to HuffPost. "The 1 percent work harder. The 1 percent are much bigger factors in all forms of our society."

Read the full article at huffingtonpost.com.

Copyright 2015, Deseret News Publishing Company