The Top .0001%

There’s a lot of whining going on the major news outlets about former Theranos CEO Elizabeth Holmes to the effect that the only female equivalent of Steve Jobs is a fraud, trying to draw some sort of gender solidarity message from it.

I question whether anybody can draw meaningful conclusions about a group (billionaires) with so few members other than that they’re really, really rich. Don’t look at them as members of some other group whether it’s women, white folk, blondes, people who attended Stanford, or any other group. They’re sui generis, a group unto themselves.

Maybe it’s true as Honoré de Balzac alleged that every great fortune begins with a crime. I don’t know. I’ve never known any billionaires that well.

1 comment… add one
  • Gray Shambler Link

    I’d never heard of her, but just a little reading reveals she’s selling snake oil to believers.
    In common with Jobs though, a thorough love for money.

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