"Imagine three types of wealthy people. One guy is putting his capital into building his business. Then there’s a woman who’s giving most of her wealth to chari

"Imagine three types of wealthy people. One guy is putting his capital into building his business. Then there’s a woman who’s giving most of her wealth to charity. A third person is mostly consuming, spending a lot of money on things like a yacht and plane. While it’s true that the wealth of all three people is contributing to inequality, I would argue that the first two are delivering more value to society than the third." The problem with this line of thinking is that yachts and planes don't grow on trees. They're built and maintained by people who have jobs (typically well paid jobs) because someone with wealth is paying for it. So, to me at least, there is only one type of wealthy person who doesn't add value and that is the hoarder.