Billionaire is a euphemism for oligarch. It's time we start calling them this.<p>Statistically, oligarchs are terrible for society. They all start out evil - that's a prerequisites for amassing a fortune/power this large.<p>Then, for each one who pivots to doing some good in later life, there's at least another twenty who continue to be evil, or gradually slide from moderate evil into full on fascism.<p>The only answer is for society to reject the oligarchy. Ideally by taxation or something civil like that. But the longer we take to act, the more likely that more extreme measures will be needed.