alt Hacker NewsOne can't help but think of Sergey Brin who famously had an affair with an underling on Google Glass, Amanda Rosenberg [1]. This of course blew up his life and he divorced Anne Wojcicki in ~2014. Of course he got married again and divorced again with another expensive divorce (although neither was in the realm of the cost of Jeff Bezos's divorce).
I think it says a lot about what wealth does to you. A lot of people dream of wealth but I suspect many would be less than thrilled by the reality. It must be incredibly isolating. You constantly have to fend off people who are trying to use you. It must make it harder to trust anyone. A lot of ordinary life experiences are now barred to you.
For example, a lot of executives in these trillion dollar companies are forbidden from flying commercial for security reasons. Nobody would think about missing the airport and everything that entails. In most places it's an objectively awful experience but it's still a shared experience. Going to a private FBO by helicopter to take a Global 7500 direct to your destination is something only a tiny portion of the population can relate to.
So I think this kind of isolation makes such wealthy and/or powerful people more susceptible to this kind of thing because, in a way, they're starved from a lot of human interaction and experiences in a way most of us can't understand (and wouldn't want).
What really is the point of somebody hoarding this much wealth? You kind of have to have sociopathic tendencies (IMHO) because such wealth simply cannot exist without the impoverishment of millions of people. And for you it's kind of a golden prison.
[1]: https://www.vanityfair.com/style/2014/04/sergey-brin-amanda-...
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And this is part of why we need a billionaire tax - to help these bright, talented people hold on to their humanity.
If there are any billionaires out there who are too alienated by their inability to wait in line at the airport: don’t worry, you can give me the money. It’ll be a burden, but one I think I can handle.
With regards the "What really is the point of somebody hoarding this much wealth?" question, I've been thinking a lot about this recently, as the billionaires accrue more influence than ever before. And I think that's the keyword - 'influence'. After a point, wealth doesn't buy you more things, it buys you power, which is seductive. It goes far beyond making your family comfortable and doing right by your company, employees and shareholders; it becomes a means to lever the world. Yes, some of this drive is about being apart from the real world and possibly an element of personal sociopathy (corporations are famously sociopathic entities, too, which probably rubs off on the C-suite execs), but hedonistic adaptation (we're very good at getting used to things, even vast wealth) and wanting to change the world are (I imagine) very addictive. I imagine it even goes some way to assuaging the embarrassment of The Leader of the Free World calling you his AI Expert...sorry, 'SI' Expert.
And it really doesn't help that all these tech bro billionaires think Ayn Rand was a good writer with some fine ideas.
You’re making my heart bleed for the suffering alienated billionaire class.
Does wealth do this to people or are people with these tendencies more likely to become wealthy?