[danjermaus]

> In 1958, I bought my first and only home.

He does also own holiday homes and farms but for the most part he doesn't go in for the typical billionaire lifestyle. On the surface it seems less awful than Musk or Zuckerberg but to hoard that kind of wealth while people suffer is unethical. He may have pledged to give away his wealth, but now he's giving it to his children to give away. What's stopped him from giving it away for the last 30 years?

[vintermann]

Excessive consumption isn't really the main problem with billionaires. It's the money they don't spend on consumption which is worst. The money spent on the pursuit of more money, buying up zero-sum goods that shouldn't even be for sale, like political power.

[runeks]

> Excessive consumption isn't really the main problem with billionaires. It's the money they don't spend on consumption which is worst.

Which consumables do you think billionaires should spend their money on?

And how would this improve the world?

[vacuity]

From my reading, GP is saying that, if one problem is the main one, it is the problem of billionaires spending money on not-consumption. There was no praise for "excessive consumption".

[vintermann]

I think billionaires are a policy failure, and should not exist.