this post was submitted on 02 Jul 2023
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I think if a good person were to amass half a billion dollars they would spent enough of it on charity that they could never become a billionaire. So there are no good billionaires, but perhaps a few good millionaires moving to ex-millionaire.
Moving to ex-millionaire? A million isn't even enough to retire in the US.
Yeah that math is a little outdated. I think the "you have too much money" range has gone up to around $3-5 million now.
My thoughts as well, pretty much exactly what I meant in my post.
Hardly any millionaires become ex-millionaires by choice, it's that difference that can help distinguish the 'good ones' from the 'not good ones'. If they chose that route through donation, charity, whatever it may be, they are good. If it had to be ripped away from them through just natural shitty circumstances, and otherwise would keep being hoarded, not so much.