Is It Evil to Be a Billionaire?

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A billion dollars is more money than any person would ever need in a lifetime. With so much poverty and inequality in the world, is it evil just to have that much?

sources:
https://fortune.com/2021/07/19/jeff-bezos-space-launch-blue-origin-july-20-2021-billionaires/
https://www.investopedia.com/terms/b/billionaire.asp
https://www.forbes.com/billionaires/
https://www.marketplace.org/2021/04/15/should-there-be-billionaires-ethical-question/
https://www.pewresearch.org/fact-tank/2020/02/07/6-facts-about-economic-inequality-in-the-u-s/
https://www.politifact.com/factchecks/2018/jul/19/bernie-sanders/bernie-sanders-bill-gates-jeff-bezos-warren-buffet/
https://www.cbsnews.com/news/billionaire-wealth-covid-pandemic-12-trillion-jeff-bezos-wealth-tax/
https://www.washingtonpost.com/lifestyle/style/why-does-everybody-suddenly-hate-billionaires-because-theyve-made-it-easy/2019/03/13/00e39056-3f6a-11e9-a0d3-1210e58a94cf_story.html
https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.27.3.21
https://fortune.com/company/amazon-com/fortune500/
https://www.washingtonpost.com/business/2021/01/01/bezos-musk-wealth-pandemic/
https://www.history.com/news/who-invented-the-internet
https://www.marketwatch.com/story/billionaires-take-more-than-they-make-2019-02-07
https://www.rollingstone.com/politics/politics-features/propublica-billionaires-taxes-wealth-defense-industry-1187564/
​​https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
https://www.boston.com/news/politics/2021/03/05/dont-eat-the-rich-many-boston-com-readers-side-with-billionaires-on-wealth-tax-question/
https://thecorrespondent.com/712/theres-no-such-thing-as-a-self-made-billionaire/901152214776-cf03048a
https://www.forbes.com/sites/forbeswealthteam/2021/01/19/americas-top-givers-the-25-most-philanthropic-billionaires/?sh=490832381f59
https://givingpledge.org

Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC®
Directors: Katie Graham & Andrew Matthews
Written by: Jon Fortenbury
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