Billionaires have to at least be competent enough to make their money, and shelter it from the thieving governments and other leeches that are trying to suck it away from them.
Only 56% of all billionaires are self-made.
Others inherited their money (the Walton family, the Rockefellers, eetc.)
https://www.cnbc.com/2019/05/10/wealthx-billionaire-census-m...
Is this actually true? At having that much money you can hire someone to be competent for you in wealth management.
So, what is an "admirable state of affairs" if democracy is so objectionable to you?
Individuals choosing to engage in mutually beneficial activities, rather than being told at implied gunpoint to do what a bunch of ignorant strangers, or a tyrannical dictator, decided.
and
>rather than being told at implied gunpoint to do what a bunch of ignorant strangers
You are clearly emotionally driven on this issue so it's probably best that I step out of this discussion. You have a good day guy.
Democracy is, literally, a majority deciding what laws all must adhere to. They don't know/care about a minority's circumstances/needs/choices, yet impose their ill-informed will through the police power of the state (to wit, obey or we'll use force increasing up to and including death).
Show me how that's not true.
Stating an insane position, even one with internal logic, and then saying "show me how that's not true" does not make your position either correct or convincing.
What's more, your position is very much the one in the minority. It is incumbent upon you to convince us, or else you will simply be ignored. You haven't done anything like a credible attempt to do so.