37. Should Billionaires Exist?
Shit You Don't Learn in School
Why Is There So Much Wealth Out There?
A mega billionaire is, i think, considered to be 30 billion or more. And only one % of billionaires are mega billionaires. The reason that they have this much money is really that most, if not all, of these mega billionaires have created their wealth through technology. In 19 78, china had zero billionaires. Now it has the secondmost billionaires in the world. It's undeniable that technology and how everything has become more connected and yoe r leverage has enabled the proliferation of billionaires.
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