He also owns a significant portion of the company and makes millions when the stock price goes up.

An employee however makes a fixed income and may very likely be laid off after the next investors call to make that stock price go up.

Comparing the work ethic of a ceo and an employee is complete bullshit. By their own logic, a 1/1000th ownership in the company should in fact mean 1/1000th of the CEO’s work.