Richard Branson and the reverse Robin Hood – why do companies lavish gifts on the rich?

The billionaire says he is rarely asked to pay in restaurants. But surely companies would benefit from giving things to those who would be grateful?

Pity the tragic billionaire. Richard Branson has revealed that while he might be worth almost £5bn, he hardly ever picks up the bill when he eats out. The Virgin Group founder told the Australian website news.com.au that his cash is often rejected by the owners of his favourite restaurants around the world.

“Obviously, if you’re in that lucky position where you can afford to pick up the bill, you should do it,” he said. “But one of the bizarre things about being successful and making money is the amount of times restaurants will say: ‘Oh, don’t worry, Richard, we don’t expect you to pay.’”

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from The Guardian https://ift.tt/2AcJqGC
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