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Topic	Do you think billionaires should exist?
Broseph_Stalin 11/16/19 9:56:05 AM #40:	Doom_Art posted... this idea that "if people can't horde dozens of billions of dollars there's no incentive to succeed" has never made any sense to me The problem is you're assuming they're hoarding billions of dollars. Warren Buffet is valued at around $90 billion because he owns assets (stocks) estimated to be worth that much. His real income is around $10 million a year. <cite>Broseph_Stalin posted [p:930216208] in Do you thi... [t:78165549]...</cite> <quote>Doom_Art posted... </cite> <quote>this idea that "if people can't horde dozens of billions of dollars there's no incentive to succeed" has never made any sense to me</quote>The problem is you're assuming they're hoarding billions of dollars. Warren Buffet is valued at around $90 billion because he owns assets (stocks) estimated to be worth that much. His real income is around $10 million a year. </quote> ... Copied to Clipboard!
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