I never said that he had to do it because of his wealth.
What I was trying to say was that his wealth enables him to operate to the extent that he does; not that his wealth causes him to operate the way he does.
I stand corrected on my point that rich people don’t “participate in horrible political gamblings”, because they aren’t rich enough. Rich people aren’t as shady as I thought or at least they don’t appear to be as shady as I believed.
However, I would like to point out that out of the top 20 richest people in the world, only Michael Bloomberg and the Koch brothers derive their wealth from private firms. All others made their fortune in or what are now publicly traded companies and thus subject to the other shareholders who would be concerned on what the public face of their companies are saying and doing.
Top 20 Richest People
As of March 2019 (in billions USD)
- Jeff Bezos (131): Founder of Amazon (publicly traded)
- Bill Gates (97): Founder of Microsoft (publicly traded)
- Warren Buffet (83): Owner/founder? of Berkshire Hathaway (publicly traded)
- Bernard Arnault & fam (76): Arnault Family Group, majority shareholder of LVMH (publicly traded)
- Carlos Slim Helu & fam (64): Chairman/CEO of America Movil (publicly traded), Grupo Carso
- Armancio Ortega (63): Founder/owner of Inditex (publicly traded)
- Larry Ellison (63): Founder of Oracle (publicly traded)
- Mark Zuckerberg (62): Founder/owner of Facebook (publicly traded)
- Michael Bloomberg (56): Founder/CEO/owner of Bloomberg LP (privately held)
- Larry Page (51): Founder of Google (publicly traded)
- Charles Koch (51): CEO/Chairman of Koch Industries (privately held)
- David Koch (51): VP of Koch Industries (privately held)
- Mukesh Ambani (50): Chairman/owner of Reliance Industries (publicly traded)
- Sergey Brin (50): Founder of Google (publicly traded)
- Francoise Bettencourt Meyers & fam (49): Heir and owner of L’Oreal (publicly traded)
- Jim Walton (45): Heir/owner Walmart of (publicly traded)
- Alice Walton (44): Heir/owner of Walmart (publicly traded)
- Rob Walton (44): Heir/owner of Walmart (publicly traded)
- Steve Balmer (41): Former CEO of Microsoft (publicly traded)
- Ma Huateng (39): Founder/CEO of Tencent (publicly traded)
Also both Michael Bloomberg and the Koch bros are outspoken advocates of the Democratic and Republican parties/causes, respectively and both are the only top 20 richest people with private firms.
Its almost as if they are