This sort of high time-preference rabid consumptionist hucksterism is a symptom of the opposite of capitalism. A capitalist must favor saving because an economy grows through capital formation, which happens only following thrift and savings.
I think you're referring to Scrooge McDuck cash vaults. I'm not aware of any that exist.
Banks do not store their deposits in a cash vault. They loan it out (except for a reserve percentage), and charge interest on the loan. That's how they make money. That's why they offer free checking - so they can loan your money out and charge interest. They will even pay you to deposit your money, so they can loan it out and make money on it.
Wealthy people know how to make money, which means putting the money to productive use creating goods and services that people want. If that money is confiscated from them, there's that much less money creating goods and services people want.
He lives in the same home in Omaha that he had in the 60's. BH does not own any corporate jets but they do own NetJets that sells/leases fractional shares of their jet fleet of which Buffet uses for his travel.
Funny how the goal posts shift. From modest house in Omaha to multi-million dollar property in Laguna Beach. If more properties are revealed are those "pretty meager" too? It's amazing the degree to which normal people will simp for billionaires.
Since I hadn't established any goal posts, I couldn't have shifted them.
But I get your point. I'm happy to make billionaires illegal by taxing them back to being millionaires, but to try and hoist Warren Buffet up as the problem ignores the much, much worst offenders out there.
https://blog.plover.com/Unix/whitespace.html
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