He obviously took enough risk that Google was willing to give him stock options. Google didn't make that offer to be nice. It was a business decision.

I'm siding with Google (and the chef) here. Because it didn't have the money at the time to pay him enough to fully offset the negatives (which may have been opportunity cost or long hours, not necessarily company-wide risk) it offered him stock. It wasn't being nice. That paid off handsomely for him.

You'd be right to argue that most working people are undercompensated for the suffering and the risk that they take on in their jobs. That, however, goes far beyond the Google chef. It's a systemic problem. As a society, we've failed to find anything within even a factor of 5 of a fair balance between capital and labor.