LogFAQs > #978890407

I think I said this in the topic TC mentioned, but I did some math about it and determined that, if we pretend minimum wage is enough for one person to survive, then around $5,000,000 is enough money for four people to go their entire lives without any of them ever having to work a day. In other words, that amount is more than enough for a family of four to live reasonably comfortable lives without any of them ever working again.

I think that reasoning makes it a fine number to set as an upper limit of how much wealth one person is allowed to hold without raising ethical concerns.

One thing I want to clarify is this: all billionaires are evil. This isn't to say necessarily that all billionaires acquired their wealth through unethical means. (Although that is certainly also true; you cannot acquire even tens of millions of dollars without profiting off of the exploitation of poorer folk.) Rather, the act of being a billionaire is, itself, an evil act. To make the conscious decision to hoard that level of wealth rather than use it for the betterment of the world around you is beyond selfishness. If millions of people are struggling and dying and someone who could help them without even sacrificing any comforts chooses to sit on their ever-growing pile of gold, how can you say that person isn't evil? And no, billionaires who donate to charity don't get a pass. If, after your donations, you're still a billionaire, you aren't donating nearly enough.