If someone is a billionaire, are they worth more to society?

[Cicero]

Key word: Worth

Here's what I believe, the wealthy are no better than someone who makes $20,000 a year. The thing to determine how better you are I believe is based off of your attitude or personality. So if someone's always an asshole to someone else, but another person is very kind, then the other person is better than the asshole because they're nicer.

But I do believe that the wealthier person is Worth more than the person who makes $20,000 a year. When I say worth, I'm sure you're wondering what I mean. Well I mean financial worth. So Carlos Slim Helu is worth more than Bill Gates. So technically, Slim Helu is worth more to the world than Bill Gates because of his wealth. So a a wealthy person such as Slim Helu is more important in the world/worth more to the world/worth more in the world, than the non-wealthy person. Doesn't mean he's better, it just means he's worth more.

I believe in order for someone to be worth more than someone else in society, it depends on who gives more. So if this one family donates $50 a month, yet another family donates $50,000 a month, then I believe the person who donates $50,000 a month is worth more to society. I know that 99% of people on here will disagree, but that's my stance and beliefs.

Edit:
Also, lets face it, if someone's child like Bill Gates got taken, the police would give 1000x more effort to recover his child, then the police would with most people.

[Prodigy17]

So if this one family donates $50 a month, yet another family donates $50,000 a month, then I believe the person who donates $50,000 a month is worth more to society. I know that 99% of people on here will disagree, but that's my stance and beliefs.

By that measure a bank robber (or other criminal) who donates money would be worth more than a law abiding person who doesnt donate anything because he can't afford to?

I think the worth of a person such as Bill Gates comes from the jobs he creates - if he chooses to give his money away (Gates obviously has) then all the better.

[Cicero]

By that measure a bank robber (or other criminal) who donates money would be worth more than a law abiding person who doesnt donate anything because he can't afford to?

I think the worth of a person such as Bill Gates comes from the jobs he creates - if he chooses to give his money away (Gates obviously has) then all the better.

Like, by his worth, he's the second most important person in the world. That's what I meant.

[workingatperfect]

The more wealthy you are, typically the more control you have in the market/economy/production, either because your power made you wealth, if your wealth bought you power. In our society, power=worth, especially over something like the economy. The CEO of a company is seen as worth more than one of the factory workers for that company.

[ReginaGeorge]

I think they are only worth more to society if they give back to society. Say, Paris Hilton.. Famous for being famous, has gazillions of dollars = No more worth anything than the average Joe. J.K Rowling.. Wrote an amazing generational book inspiring millions of kids all over the world, donates millions of dollars to charity.

J.K is worth a lot to the world, and I don't mean that in terms of her money, I mean that in terms of, like, I don't know how to say it. Social worth?

[xmojox]

I think they are only worth more to society if they give back to society. Say, Paris Hilton.. Famous for being famous, has gazillions of dollars = No more worth anything than the average Joe. J.K Rowling.. Wrote an amazing generational book inspiring millions of kids all over the world, donates millions of dollars to charity.

J.K is worth a lot to the world, and I don't mean that in terms of her money, I mean that in terms of, like, I don't know how to say it. Social worth?

How about social value?

[Allbutanillusion]

NO , Billionaires are not worth more to society. Sure as a whole we foolishly idolize them, because of the love of money in society. But when you really examine these people, their motives, you discovery how truly arrogant, narcissist, deluded individuals with an overwhelming sense of entitlement these people are.

Many of the problems that have and that do exist in society today are because of Billionaires and multimillionaires.

[sprouse530]

i think of a person as a person, now some can debate that the people with higher amounts of money are the ones giving jobs out and supplying the jobs for the lower and middle classes in society how ever i feel as if you middle and lower classes are worth more, i say this because if you really think about it then youll realize that if you had no middle class or lower class then your society seizes to exist because you no longer have anyone filling the spots offerd by the upper class or "billionare" so i dont think anyone is more important to society i feel as if we all have our spot in the world

[Danny_boi 16]

Billionaire is our not worth more to the society, they’re worth more to the community. There is a distinct difference between society and community.

[Human]

If they got it in a good way.
If a celebrity inherits a billion, i don't care about them but if a guy is made a billionaire from inventing some fantastic machine then great

[DerBear]

Depends what did they do for society. I mean if they invented a drug that cures cancer and got billions from that then sure.

If a guy wins the lottery or a celebrity gets money without doing anything then no.

[randomnessqueen]

no, cause the person is not their material wealth
the people are worth the same
its their property that is worth more

[NTTHRASH]

Whitney Houston dies of drug OD=President orders all flags at halfstaff.
1000 kids die from cancer in one day=nobody gives a shit.
Like I say on every thread, the world is a fucked up place.

[Cicero]

Whitney Houston dies of drug OD=President orders all flags at halfstaff.
1000 kids die from cancer in one day=nobody gives a shit.
Like I say on every thread, the world is a fucked up place.

She wasn't even close to being a billionaire though

[NTTHRASH]

She was still rich, and I believed it still proved the point. However, yes, the thread technically was directly dealing with billionaires wasn't it?

[Cicero]

She was still rich, and I believed it still proved the point. However, yes, the thread technically was directly dealing with billionaires wasn't it?

Yes.

But it was more about her being black and a good singer. She was actually in debt by $20 million. So she was poorer than dirt, $20 million dirt.

[Infidelitas]

You can't put a price on a human life.

[Ryhanna]

Nope. Money doesn't determine how you've contributed to society. It just means you're rich. It's the actions you make, and the things you do to try to make the world a better place that make you a positive inclusion to society.

[Harry Smith]

The only way that a billionaire is 'worth' more is that they would pay more money through taxes since the taxes rate for billionaire's are much higher and they have more to be taxed. But only about half of them pay tax due to the fact they keep it locked up in the Cayman islands

[Prodigy17]

The only way that a billionaire is 'worth' more is that they would pay more money through taxes since the taxes rate for billionaire's are much higher and they have more to be taxed.

Assuming you read my other post I'll respond to this for the heck of it.

The tax rate (as in % of their income paid to government) for anyone goes down the higher their income is although obviously the money amount is higher.

Presumably you're familair with Sir Philip Green? He is a billionaire but his UK tax bill is zero, so on that level his contribution to the UK is less than an average working man.

His business ability and the fact he put his money on the line to create thousands of jobs would define his worth to the UK, no?

[Harry Smith]

Assuming you read my other post I'll respond to this for the heck of it.

The tax rate (as in % of their income paid to government) for anyone goes down the higher their income is although obviously the money amount is higher.

Presumably you're familair with Sir Philip Green? He is a billionaire but his UK tax bill is zero, so on that level his contribution to the UK is less than an average working man.

His business ability and the fact he put his money on the line to create thousands of jobs would define his worth to the UK, no?

In Britain the tax rate for earning over 150,000 is 50%... this is higher than for people who earn 35,000-150,000 who pay tax at 40%. From HM Revenue and Customs 2012-2013.

I didn't bother looking at your other post, as many people in this forum have told me I shouldn't bother wasting the energy

[Prodigy17]

In Britain the tax rate for earning over 150,000 is 50%... this is higher than for people who earn 35,000-150,000 who pay tax at 40%. From HM Revenue and Customs 2012-2013.

It is. But somebody earning £5m will pay less (% wise) than somebody earning £150k - you don't need to be an accountant to know why this is :)

Somebody at the level of Sir Philip can if they choose to pay 0% - he earned over £1bn in 2005 and did not pay £400m in income tax per HM Revenue rules.

I didn't bother looking at your other post, as many people in this forum have told me I shouldn't bother wasting the energy

I think you should look - new thread in this forum will take 10 seconds to read.