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by aeternum 2193 days ago
>is it really that controversial to think that hoarding all that wealth

This premise is false, American billionaires do not hoard wealth, rather they invest it in companies.

Bill Gates sells Microsoft shares every year to fund his charitable foundation. He is effectively allocating capital away from Microsoft and towards world health. It is a misconception that these billionaires are like scrooge mcduck hoarding money in their vaults.

1 comments

Ah yes, that's why his net worth goes down every year.