Wealth is poor proxy to real world resources. Especially for most tech billionaires there are very few real world resources hoarded. Owning shares in some highl

Wealth is poor proxy to real world resources. Especially for most tech billionaires there are very few real world resources hoarded. Owning shares in some highly valued SaaS company pretty much consumes negligible amount of none virtual resources. Even if a tiny fraction of "concentrated wealth" were to be spent for physical assets we'd just see a hyperinflation spiral.