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37. Should Billionaires Exist?

Shit You Don't Learn in School

CHAPTER

The Types of Billionaires

i want to get into the types of billionaires in a minute, because it's not just self made pass down. There also a third kind of millionaire, which you could call a cleptocrat,. And there's research to show how those different types of millionaires impact the level of wealth in equality in a particular place. I think one thing that we shouldn't discount is that by bazos and some of these other people being successful, they're also in ring the next generation of like, innovators and people who want to go create something valuable in the world. i don't want less of that.

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