Startups aren’t made by billionaires, the workers at those startup aren’t billionaires, the people who make the most money out of a startup are the billionaires

Startups aren’t made by billionaires, the workers at those startup aren’t billionaires, the people who make the most money out of a startup are the billionaires who invest in the first place. The people who design an iPhone are seldom millionaires, ditto for the people who write the software, the people who actually build them, and the people who buy them. Startups may make billionaires, but that doesn’t mean those startups haven’t benefited primarily from no -billionaires. More over the bulk of the money those billionaires have are either cash (so not contributing anything to anyone), or investment funds (eg not adding capital to new businesses, and not injecting money into the economy). So the bulk of assets held by billionaires are only benefiting those billionaires, and then they aren’t actually doing anything with it except hoarding. Billionaires don’t add value to the economy. Because one billionaire is never going to be spending more than 20 thousand times more than an average American. So they aren’t contributing proportional to the amount they benefit from the economy.