Most billionaires made their money in finance or via generational wealth. Seeing a scrappy immigrant (Even with a $200k business loan) go from practically nothing to the richest man in the world, while doing things that actually have a positive impact on society is pretty much the epitome of the American Dream.
Probably less than 0,1 per cent of his net worth today. Possibly less than 0,01 per cent.
Multiplying your net worth by a factor of several thousand is fairly rare, regardless of the circumstances you start in. Most people can't do it, even if they start reasonably well off. For example, Musk's own brother Kimbal couldn't.
lol. No it isn't, maybe if you are born wealthy, but plenty of people have a negative net worth at 20 (no savings yet and student/car loans) and are home owners by 40.
And we should rule out massive inheritance to be fair, too. That can cause sudden large jumps in net worth.
A person having 10 000 USD in their youth (far from wealthy, just not poor) would need to aggregate something like 50 million USD in their fifties. Possible, but rare.
At all.
None.
Billionaires have far more rights than normal people. Their wealth affords those rights to them. "Rights" without ability to achieve actual results is just bullshit meant to placate the rabble.
Let’s talk about reality, not possibility.
The US is a democracy though
One related opinion on this topic: https://www.theatlantic.com/ideas/archive/2020/11/yes-consti...
So you will find literally no place where absolute freedom is practiced, and for good reasons.
Sadly, in case of economic freedom a rogue player who has billions can also have political power to lobby against inconvenient to them rules, and ah everyone wants to be on their good side.