The crossing of this symbolic threshold demonstrates both how much conditions have improved for gay executives and how far boardrooms lag the rest of society.
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Optimists see Mr Cook as the tip of an iceberg: Such concerns now look unfounded: Some employers have even begun looking for gay managers. American employers must not discriminate on grounds of sexuality when hiring, but can ask search firms to compile a shortlist of candidates that includes specific types of diversity. Employers have various reasons to seek out homosexuals.
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Some think their business will do better if its workforce is as diverse as its customer base. One study found that employees were happier working for gay bosses than straight ones. Perhaps the strongest argument is that the discrimination gays still face makes them an underutilised pool of talent: Yet another found that quoting on your CV that you were treasurer of the college gay group is far worse for your prospects than saying that you had held the same position in a campus socialist club.
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Though employment policies, such as providing medical benefits to gay partners, are changing rapidly, corporate cultures evolve slowly. Even in banks making an effort to be gay-friendly, he finds, many still keep quiet about their sexuality, just in case. Acceptance of gay people in business is growing, but there is still some way to go. Join them. Subscribe to The Economist today.
Gay Businessmen Pictures and Images
Media Audio edition Economist Films Podcasts. Several extremely rich businessmen, businesswomen, and entrepreneurs are members of the LGBT community. Some of these billionaires who are gay or lesbians inherited their fortunes, while other LGBT billionaires are self-made successes.
Among other gay billionaires on this list, you'll find entertainment moguls including David Geffen. Dolce and Gabbana were partners in life and business for many years, but after being romantically involved for over 20 years, the couple called it quits in Although they are no longer in a relationship, they remain partners in business to this day. He started his career as a buyer and window dresser for an Italian department store before launching his own line in the mids. He also invested in Facebook and Airbnb. Ali Express.