[californical]

Yeah, that ties in to the second part of my comment — it’s really a question of where to draw the line.

I’m a semi-follower of the FIRE idea, so I come in with that perspective. But it would be great to be able to build enough wealth that working becomes optional, and that I can help fund a future child in kick-starting their own company at a young age. My wealth then largely has come from my hard work, but I can also use that to further my kid’s success (in a responsible way). Isn’t that what every parent wants?

The situation where that kid becomes a billionaire is an edge-case of just two generations in a row of disciplined and fairly lucky individuals. There’s nothing wrong or immoral with anyone in that scenario.

Society then has to draw that line, where if my daughter becomes a multi-billionaire, how much of that wealth gets taxed and distributed to the people who it would help.