FTA: But when folks like Alex spend their later years trying to "do good" with the millions they were paid for actually doing good, they usually end up pissing

FTA: But when folks like Alex spend their later years trying to "do good" with the millions they were paid for actually doing good, they usually end up pissing it away. I think he's missing the critical point that they enjoy pissing it away (as he calls it). Being able to spend the money you acquire in ways that bring you personal enjoyment is the whole reason for acquiring money. The bottom line is that it isn't critically important to a working system how wealthy people choose to spend their money toward the end of their lives. What's important is that they be allowed to spend their money in ways they enjoy so that their younger selves are motivated to make the money in the first place by creating wealth for others. How hard would you work on a startup if I told you that, if it succeeded, you could only use the money to create another startup, ad nauseum? What's much more saddening is when politicians get acclaim for spending other people's money in useless ways, since they never produced any value in the first place.