How do you think someone like Mark Zuckerberg fits into that model?
From what I observe, his personal motivation really does seem to be “build the most powerful social media company” and not “accumulate as much personal wealth as possible”. I think the VR bet is a good example of that - any sane CEO trying to maximize shareholder value would have scrapped it long ago.
I’m not saying Mark is a great person, far from it, but I think it’s worth scrutinizing how billionaires got in their positions. There’s a lot amount of difference, in my mind, between Bill Gates and John Bogle.