Yes I missed the sarcasm, but should have picked up on that. A million dollars in a money market account last year, would have generated 50k dollars in passive income. Tens of millions of dollars can create financial stability for generations to come. Why does people need billions of dollars of assets? I rags to riches stories where folks create something and are able to live extremely well as a result, but why does the 11 richest people in the US deserve 1 trillion dollars? That's my major gripe with our form of capitalism. Change the rules and tax these billionaires whenever they take loans out on unrecognized stock gains and provide some safety nets for the bottom 50%.
Those billionaires wouldn't come close to the wealth acquired without big breaks from the US government. Yes, the Waltons and Bezos creates thousands of jobs, but how many of those employees need to work multiple jobs to make ends meet. In just 10 years, Bezos wealth has ballooned from 20 billion to 250 billion. That is just obscene considering how many employees need government assistance on top of their wages.