How the rich get richer and why it works

[zanezane]

That's nothing but pure oppression, I wonder what thoughts come into big billionaires' minds when they sleep. They have so much money that their grandchildren or great great grandchildren won't even have to work for life, but still they try to prevent to give away some of it to the world in form of taxes in hope of being richer. But, they can't expand their stomach can they? To eat additional food after being more rich? Then after having so much money why so much tactics to avoid taxes? I think it's because the quite natural human greed

The reason that I can think of about why these billionaires are doing what they are doing and not giving back to society is because they are greedy, I think that it is the only reason, because if they weren't greedy, they would have already created changes that a lot of people are enjoying.

[bakasabo]

The reason that I can think of about why these billionaires are doing what they are doing and not giving back to society is because they are greedy, I think that it is the only reason, because if they weren't greedy, they would have already created changes that a lot of people are enjoying.

Why do you think rich people should share their wealth with others and change the society? It is not 100% clear why the other person is poor. Is it because he failed at something, or is it because he is lazy, or is it because "his current status suits him" ?

I'm sure that not all rich people are greedy. They share, but some of them dont announce that on public. And it is not always money what they share. They can share also different stuff, knowledge, experience, which is far more valuable than just money.

[Mauser]

The reason that I can think of about why these billionaires are doing what they are doing and not giving back to society is because they are greedy, I think that it is the only reason, because if they weren't greedy, they would have already created changes that a lot of people are enjoying.

Why do you think rich people should share their wealth with others and change the society? It is not 100% clear why the other person is poor. Is it because he failed at something, or is it because he is lazy, or is it because "his current status suits him" ?

I'm sure that not all rich people are greedy. They share, but some of them dont announce that on public. And it is not always money what they share. They can share also different stuff, knowledge, experience, which is far more valuable than just money.

I think there is no big difference between rich people today and rich people in the past. In the past you were usually rich if you are born or married into the Royal family. The wealth was concentrated among a few lucky families, like it is today. And its just not in humans nature go give away all your money to poor people. Somethings never change.

[Yatsan]

The way rich gets even richer is because people who belongs into the upper classes are mostly wise men that maximizes all of their resources to be able to make themselves get even richer in a way that they are prioritizing getting themselves to be included into the trend of business and finance wherein they can somehow see an assurance that they will gain for the sake of themselves. It is not always into that general idea of not giving or being greedy that makes them even richer. They were just that wise enough to think of ways on how they can still be able to do something to make the most out of it on their resources. Not all rich men are up into doing bad things or dirty works to be richer but it is the reality that some or might be many are doing such to be able to get richer.

[sapnu]

The way rich gets even richer is because people who belongs into the upper classes are mostly wise men that maximizes all of their resources to be able to make themselves get even richer in a way that they are prioritizing getting themselves to be included into the trend of business and finance wherein they can somehow see an assurance that they will gain for the sake of themselves. It is not always into that general idea of not giving or being greedy that makes them even richer. They were just that wise enough to think of ways on how they can still be able to do something to make the most out of it on their resources. Not all rich men are up into doing bad things or dirty works to be richer but it is the reality that some or might be many are doing such to be able to get richer.

Not only those people in the upper class are wiser, they are also much more patient compared to those who belong to the lower class. Not only in terms of waiting for the price or investments to rise but also in preventing themselves from spending too much money on expensive things that are not necessary. Most of the rich people might have been able to cheat their way to success and wealth, but others who were able to make it to the top surely spent their blood and tears with all the hardwork that's why they deserve their position right now. Some rich people might be considered evil considering the fact that they feed on the lower class working people but it could actually be considered as part of their wise strategies.

[RealMalatesta]

The way rich gets even richer is because people who belongs into the upper classes are mostly wise men that maximizes all of their resources to be able to make themselves get even richer in a way that they are prioritizing getting themselves to be included into the trend of business and finance wherein they can somehow see an assurance that they will gain for the sake of themselves. It is not always into that general idea of not giving or being greedy that makes them even richer. They were just that wise enough to think of ways on how they can still be able to do something to make the most out of it on their resources. Not all rich men are up into doing bad things or dirty works to be richer but it is the reality that some or might be many are doing such to be able to get richer.

"not giving" or "greedy" are the 99% of the reason why they are rich. Now let's say you give me 10 million dollars and tell me to be as ruthless as possible and make as much money as possible without caring about anyone else, even about the laws and I will not be jailed or punished no matter how cruel I will be, there is still a chance that I could fail and bankrupt, you can let me do anything illegal with that money and I would still have a chance to fail.

However there is zero , and I mean this 100% correct ZZZEEEEEEROOOO chance that anyone can be a billionaire without hurting someone else. How? It could be wage theft, it could be overtime charges, it could be minimum wage slave labor, it could be basically anything that makes it hard for them to make it work and that is why it is nearly impossible for these people to actually be ethical, they are all unethical and immoral people that are greedy and that is why they should be regulated a lot more harshly.

[carlisle1]

Not only those people in the upper class are wiser, they are also much more patient compared to those who belong to the lower class.

They understand the value of wait, and they have enough resources to continue waiting  without having any problem at all.

Not only in terms of waiting for the price or investments to rise but also in preventing themselves from spending too much money on expensive things that are not necessary.

Knowing what the needs and what are the wants, separating are very important. They are good in dealing with that.

Most of the rich people might have been able to cheat their way to success and wealth, but others who were able to make it to the top surely spent their blood and tears with all the hardwork that's why they deserve their position right now.

Agree to that! those who do it the right way are very deserving to place at the top and gain respect.

Some rich people might be considered evil considering the fact that they feed on the lower class working people but it could actually be considered as part of their wise strategies.

Strategies that's comes from a great mindset, plan everything whatever it is and harvest the sweet success.

[lovesmayfamilis]

The reason that I can think of about why these billionaires are doing what they are doing and not giving back to society is because they are greedy, I think that it is the only reason, because if they weren't greedy, they would have already created changes that a lot of people are enjoying.

Why do you think rich people should share their wealth with others and change the society? It is not 100% clear why the other person is poor. Is it because he failed at something, or is it because he is lazy, or is it because "his current status suits him" ?

There is a good quote from Bill Gates: "If you were born poor, it's not your fault. But if you died poor, it's your fault." For rich people, money should always bring money. They work passively for the owners. And on the contrary, a poor person, even having some savings, does not run the risk of putting his money into circulation. He saves and waits for a rainy day, or spends money on entertainment or unnecessary goods.  You need to be able to take risks, invest, and, of course, constantly gain new knowledge, expand your business and education.

[tyz]

That's nothing but pure oppression, I wonder what thoughts come into big billionaires' minds when they sleep. They have so much money that their grandchildren or great great grandchildren won't even have to work for life, but still they try to prevent to give away some of it to the world in form of taxes in hope of being richer. But, they can't expand their stomach can they? To eat additional food after being more rich? Then after having so much money why so much tactics to avoid taxes? I think it's because the quite natural human greed

The reason that I can think of about why these billionaires are doing what they are doing and not giving back to society is because they are greedy, I think that it is the only reason, because if they weren't greedy, they would have already created changes that a lot of people are enjoying.

This is a one-sided view. Many billionaires are only billionaires because their company shareholdings are worth so much. It's not like they have billions of dollars lying around in their bank account and are hoarding it and don't want to spend it. On the contrary, the money is invested productively and ensures that the economy stays up and that jobs are created. A good example is Elon Musk. He is the richest man in the world, but only because his share in Tesla is very high and at the current valuation it is worth extremely much. If Tesla stock were to drop to $0 tomorrow, Elon Musk would be a poor man.

[Raflesia]

The reason that I can think of about why these billionaires are doing what they are doing and not giving back to society is because they are greedy, I think that it is the only reason, because if they weren't greedy, they would have already created changes that a lot of people are enjoying.

This is a one-sided view. Many billionaires are only billionaires because their company shareholdings are worth so much. It's not like they have billions of dollars lying around in their bank account and are hoarding it and don't want to spend it. On the contrary, the money is invested productively and ensures that the economy stays up and that jobs are created. A good example is Elon Musk. He is the richest man in the world, but only because his share in Tesla is very high and at the current valuation it is worth extremely much. If Tesla stock were to drop to $0 tomorrow, Elon Musk would be a poor man.

The average billionaire owns a lot of businesses and companies in property and other real estate, so if there are billionaires who store them in the bank it is ridiculous and save without cultivating it.
Elon Musk and Bill Gates, for example, they have many successful businesses and fairly good financial management and the shares that they have established can get the attention of a lot of the world so of course they will become billionaires of all time if they stay with their current position even when the shares increase in profit. there will be many centipedes from before, that is the billionaire who is able to cultivate and create jobs for the community.

[DrBeer]

The reason that I can think of about why these billionaires are doing what they are doing and not giving back to society is because they are greedy, I think that it is the only reason, because if they weren't greedy, they would have already created changes that a lot of people are enjoying.

This is a one-sided view. Many billionaires are only billionaires because their company shareholdings are worth so much. It's not like they have billions of dollars lying around in their bank account and are hoarding it and don't want to spend it. On the contrary, the money is invested productively and ensures that the economy stays up and that jobs are created. A good example is Elon Musk. He is the richest man in the world, but only because his share in Tesla is very high and at the current valuation it is worth extremely much. If Tesla stock were to drop to $0 tomorrow, Elon Musk would be a poor man.

The average billionaire owns a lot of businesses and companies in property and other real estate, so if there are billionaires who store them in the bank it is ridiculous and save without cultivating it.
Elon Musk and Bill Gates, for example, they have many successful businesses and fairly good financial management and the shares that they have established can get the attention of a lot of the world so of course they will become billionaires of all time if they stay with their current position even when the shares increase in profit. there will be many centipedes from before, that is the billionaire who is able to cultivate and create jobs for the community.

The reason why the poor mostly stay poor is because of the wrong attitude to money. For them, money is food, a new iPhone or cool sneakers. For rich people, money is a tool and resource for creating new values ​​and, as a result, increasing their wealth. By the way, not all rich people are successful, there are many examples of bankruptcies, ruin, etc. events. They have a lot to lose. You can't lose something if you have nothing. If you have nothing, you risk nothing. By the way, about the risks - only a fraction of a percent of low-income people plan to RISK and invest or start their own business, this is a fact, and this is the way to a vicious circle - little money> money just folds into a box> money is quickly consumed> again little or no money .. . Yes, I mean those who made their own fortunes and did not inherit