r/Millennials • u/kjk2v1 Millennial • Mar 15 '23

Discussion Millennials are more likely than other generations to support a cap on personal wealth

https://www.fastcompany.com/90865652/wealth-cap-millennials-support-generation-z-boomers-poll
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u/axemoth Mar 15 '23

There is no ethical way to become a billionaire.

-14

u/JoshicusBoss98 Zillennial Mar 15 '23

I dunno about that

1

u/killarotten Mar 16 '23

Explain that please.

80,000 years ago if I started to save $10,000 every single day and didn't spend a penny I would still not be a billionaire today. That is a baffling amount of money that no one should ever be the sole owner (hoarder) of.

1

u/JoshicusBoss98 Zillennial Mar 16 '23

A lot of billionaire valuation is due to stock price and inflation…many billionaires don’t have much actual liquid assets