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Do you think billionaires fear losing their fortune and becoming "a poor"?
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this post was submitted on 08 Jan 2025
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I can't speak for actual Western billionaires but I had the chance to speak to a few Arab billionaires (member of the ruling families) and a few Western multi-millionaires (as in hundreds of millions).
In terms of the western ones: They don't have a fear for their money,they have enough hidden accounts and real estate around the world that they will never run dry.. They fear for the same thing: Their lifes. Basically in two ways: Partly they fear that some random leftist or a terrorist group like the Italian Brigate Rose or the German RAF will simply shoot them in the head or kidnap them so they can make a point. (Which is quite strange as none of the people I spoke with was even out of elementary school when these groups operated - but they were really afraid of them,not of some common criminal)
The other thing is that they all were really really afraid of ending like the Romanovs - that there would be some kind of political turn and all of a sudden the "masses" stand in front of their estate with pitchforks and torches and hang them. (That's literally a quote from one of them) Funny enough: None of them were afraid of the right wing - even though their families sometimes literally once lost almost everything to the fascists, etc.
Personally that explains a lot of the current state of the world. Money will always gravitate towards right wing politics as the right wing is always fixed on a strong leadership structure - which makes it easy to identify who you need to "befriend" or bribe if you want to keep your money. And people who have seen political turmoil in a role where they felt unable to control their own social standing anymore also have a tendency to gravitate towards these structures. Et voilà you have a armchairs psychologists explanation for Elmo. Well,if you add in a LOT of ketamine.