Because you get rich by not distributing what you earn, back into the economy/communities, but by hoarding. Someone who is worth $15.8 million is clearly hoarding and not utilizing the funds to improve what's around them.
Your statement is overly broad and untrue. Someone who is worth 15.8 million could very easily be making enough to be worth 200 million but giving a lot to charity. For Perdue's case, he appears to average around 2% of his earnings to charity, which isn't an amazing amount, but it's not negligible either. But the point is that how much someone is worth doesn't "clearly" indicate what they are doing with their money. There are plenty of very rich folks that give / have given a lot back to society.
It's not like he has his money stuffed into his mattress. Money invested into the stock market is used by companies to grow / hire people / make new products.
That argument could be made down to much lower income categories. “You make 80k/year and don’t give a quarter of that away? So selfish/“
$16 million is a not-unreasonable amount to save for a comfortable retirement that includes travel around the world and making sure your children get a good start to life, and says absolutely nothing about how much the person donates to society’s betterment.
> $16 million is a not-unreasonable amount to save for a comfortable retirement that includes travel around the world and making sure your children get a good start to life
I agree with you. But maybe if that's what you're aiming for, you should not be in decision power over the entire country. If you're seeking out that position, it should be because you want to see the entire country as your children. Those are the people we want as leaders.
Not the selfish hoarders that currently hold the power in most countries today.
This a beautiful display of "1%er" tone deafness and ignorance of reality, like Mitt Romney's advice that people should simply borrow money from their parents if they want to go to college and start a business.
FWIW, I’ll be lucky not to be homeless when I retire.
The general advice is to have at least, what, a million saved for retirement. 15 is a lot, not so much that it’s unreasonable to my mind for a successful person.
