Investigation casts new light on the role of illegal Chinese sweatshops in making Jeff Bezos the richest man in the world.
Amazon founder and CEO Jeff Bezos recently became the world’s wealthiest man. While, Bezos’ fortune is mostly tied to Amazon’s inflated stock price trading at a nosebleed price/earnings ratio of approximately 265, with a market cap around $811 billion (as of June 08), many questions remain as to just how did Bezos manage to become the world’s richest man by disrupting America’s retail industry?
New evidence from the New York-based China Labor Watch released a report over the weekend following a nine-month back-breaking investigation of working conditions at a manufacturing plant in the city of Hengyang operated by Foxconn Technology Group, which manufactures products for Amazon, including Amazon’s Kindle, Echo smart speaker, Echo Dots, and an array of tablets.
The report offers the first-ever glimpse behind the scenes of how Bezos has become the world’s wealthiest man on the backs of low-paid workers.
China Labor Watch revealed how dispatch workers made up more than…
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