![Bill Ackman slams Uber for ‘ripping off NYC cab driver’ who said company doesn’t let him keep tips](https://nypost.com/wp-content/uploads/sites/2/2024/05/newspress-collage-gihjntbht-1716466308667.jpg?quality=75&strip=all&1716451929&w=1024)
Bill Ackman slams Uber for ‘ripping off NYC cab driver’ who said company doesn’t let him keep tips
NY Post
Billionaire hedge fund manager Bill Ackman said he confronted the CEO of Uber after his cab driver accused the ride-sharing app of not allowing him to keep tips.
Ackman, the founder and CEO of Pershing Square Capital Management, wrote on his X social media account on Wednesday that he ordered a yellow cab in Manhattan via the Uber app because he thought “good for Uber supporting the cabbies.”
“I asked the driver about his experience with Uber and he surprised me by saying it was bad,” Ackman wrote to his more than 1.2 million followers on X.
According to Ackman, the driver told him that even when the passenger tips him, Uber “kept the tip for itself.”
“I said that this could not be true so he asked me to test it,” Ackman wrote on X. “When the ride finished I added a $5.00 tip. His screen showed that I paid no tip.”
Ackman wrote that the driver was right and that Uber was “massively increasing its margins and profits” in New York by “ripping off NYC cab drivers.”