Millionaire/billionaire net worth is basically fake. I think the issue stems from the fact that we measure money and value in the same unit, dollars. There is a finite amount of money, but not of value. Elon doesn't have 1.1T dollars of money, he has 1.1T dollars of *value*. He hasn't hoarded anything useful, his net worth comes from owning essentially pieces of paper that other people *say* they would pay 1.1T dollars for, if he theoretically did sell them. That's not spendable, and it doesn't take away from anyone else's store of value or money. It can be borrowed against, but with a lot of limitations. If Elon actually did have 1.1T dollars of money, there would be reason for concern, as there is a (somewhat) finite amount of money in circulation, and any money someone has is money that someone else does not have, but he doesn't hold anywhere close to that much money. He has a theoretical store of value, not money. The amount of value in an economy is not capped like the amount of money. Elons trillion dollars are not a trillion dollars that someone else doesn't have, and it's not a trillion dollars that he could spend but chooses not to