They obviously don’t or there wouldn’t be any billionaires. An American family earning 40k is guaranteed to spend it all on food, shelter, healthcare and a few

They obviously don’t or there wouldn’t be any billionaires. An American family earning 40k is guaranteed to spend it all on food, shelter, healthcare and a few other consumer goods. An American billionaire by definition is not using their billions to consume or they wouldn’t have billions in their portfolio anymore. Jeff Bezos might buy a Tesla but he’s not buying a million Teslas