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by tw04 1042 days ago
> Those things would not exist if "net worth" were somehow capped at $100m.

Of course they would, and the world would likely be a much better place for it. Those companies you speak of are mega-corporations that tend to operate outside the laws we all get to follow, and typically result in monopolies or oligopolies.

There are VERY few industries that NEED a company worth hundreds of billions of dollars to operate. In almost all cases you’d be better off with hundreds of companies worth hundreds of millions competing for your business.