Vinod Khosla is clearly a despicable example of a mega-wealthy individual, but is not the problem here the existence of the ultra-rich? Anyone allowed by societ

Vinod Khosla is clearly a despicable example of a mega-wealthy individual, but is not the problem here the existence of the ultra-rich? Anyone allowed by society to accrue that much wealth will be above the law almost by definition. If we value the rule of law, why do we think it good to produce billionaires?