we all know where you sit
'"billionaires should not even exists''
I mean, this is a moral truth.
$1b, sitting in a savings account, earns you $30 million/year.
I live in pretty lavish circumstances: Multiple properties, multiple cars/bikes/toys, funding kids education, high-level/cost sports, etc. for about $200k/year.
I can not understand what I would do with $30 million/year.
To hoard that much wealth means you blew past the point where you could keep your entire town out of poverty, and decided "yeah, I need more".
When you achieve $1billion net worth (as an individual), you should get a plaque that says "Congratulations, you won capitalism", you should be forced to resign any leadership positions you have, and your tax rate should go to 100%.
I'm even generous enough to index that $1billion number to inflation, so those poor billionaires don't lose spending power over time.