At the level of wealth this guy has, allocating 0.7% to something is a notable action. Once you're at the level he is at your capital allocation is not about ac

At the level of wealth this guy has, allocating 0.7% to something is a notable action. Once you're at the level he is at your capital allocation is not about accruing material goods. Material goods are just a rounding error, just buy a few houses and park a few mil in a fixed income fund and you are set for material wealth for life. That leaves you several hundred million to deploy for influence and power. The opportunity cost of moving $50M around is huge.