Billionaire: ‘The 1% Work Harder’

    American businessman Sam Zell gives an interview on the floor at the New York Stock Exchange, April 10, 2013.  REUTERS/Brendan McDermid (UNITED STATESBUSINESS - Tags: BUSINESS PROFILE) - RTXYGV0

    Brendan McDermid/Reuters

    Billionaire investor Sam Zell said Wednesday on Bloomberg TV that Tom Perkins was basically right when he compared the super rich to Jews under Nazi Germany, though "persecution" isn't the right word. "The 1 percent are being pummeled because it's politically convenient to do so," Zell said. "The 1 percent work harder." The lack of class warfare and envy of the rich have separated America from the rest of the world, Zell said. 

    Read it at Bloomberg TV