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Among Forbes top 20 billionaires, you'd be hard pressed to find someone who's made his fortune from natural resources. A person who seeks value from society -
by flyinglizard 13y ago
Among Forbes top 20 billionaires, you'd be hard pressed to find someone who's made his fortune from natural resources.
A person who seeks value from society - value originating at the work of others - has to provide such value back. If all you can do is simple manual labor, you will need to provide quite a lot of it to purchase scarce items that have a high degree of inherent value (such as an iPhone).
- akgerber 13y agoThe Kochs' money is mostly from natural resource extraction. Most software businesses are pretty heavily premised on intellectual property rights.