Billionaire Bill Gates Weighs In On The Question: Should We Even Have Billionaires?

Microsoft founder Bill Gates finds it intriguing that people are now questioning whether there should be billionaires. Gates recently told Forbes Magazine,

“It is fascinating that for the first time in my life, people are saying, ‘Okay, should you have billionaires?’”  Gates added: “The idea that there shouldn’t be billionaires — I’m afraid if you really implemented something like that, that the amount you would gain would be much less than the amount you would lose.”  Gates says “we need somebody who’s not wealthy to say that in some cases allowing people to be wealthy is okay”.  In another recent interview, Gates conceded he should be paying more in taxes.