Monday, May 11, 2026
Rich people
There are rich people and there are rich people and it is important to differentiate between the two. Some like Warren Buffet make money by buying and selling stock or like the Walmart family members who make money from stock and hedge fund managers who make money from money. Then there are rich people like Bill Gates, Elon Musk and Jeff Bezos. They create new businesses and provide new jobs and grow the economy. All of the rich people are helping in their own way. For those who make money using money they provide capital for new investment but those who are creative open the world to new adventures. Today, many of these creative types are building data centers which will power the creativity of the future and the number of new innovations will once again create new jobs and expand the economy. These innovators are just the seeds for others. Bill Gates is estimated to have created 12,000 millionaires primarily through stock options but these people went on to grow the economy further.
These "Microsoft Alumni" have driven innovation in technology, philanthropy, and venture capital, with approximately 40% of surveyed alumni working on new business ventures.
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