Striving to be a billionaire is honestly downright stupid.

[Geek Nasty]

I highly disagree. $30B+ is not meaningless at all. Especially considering how many people you can help in a real meaningful way.

Let me clarify a bit. I was coming from a personal lifestyle. After X dollars, you can’t spend all that money.

The other side is if you’re in it to help other people, once you get to that maxed out lifestyle where you can do anything you want to do and have anything you want to have, you’re going to start focusing on charity. You won’t stock pile $30B then say, “OK now I’ll start helping people”

The mentality of guys who have $30B net worths is they’re score keeping. They want to be on that list. Look at how pissed off Elon gets whenever his number goes down.

 

[lib123]

Let me clarify a bit. I was coming from a personal lifestyle. After X dollars, you can’t spend all that money.

The other side is if you’re in it to help other people, once you get to that maxed out lifestyle where you can do anything you want to do and have anything you want to have, you’re going to start focusing on charity. You won’t stock pile $30B then say, “OK now I’ll start helping people”

The mentality of guys who have $30B net worths is they’re score keeping. They want to be on that list. Look at how pissed off Elon gets whenever his number goes down.

I get what you’re saying, but that’s not necessarily true. Someone with $30B net worth has vast majority of their wealth in the form of ownership stake in company they founded or inherited. Even if they decided to become charitable years before wealth ballooned to $30B, the wealth is largely illiquid and can’t be liquidated in a short period. In that period while they were becoming charitable their assets can continue appreciating.

 

[lib123]

No it ain't.