Do you think there is actually anything wrong with using the word billionaire?

[Anonymous]

The former CEO of Starbucks Howard Schultz once said billionaires should be called terms like "people of means" or "people of wealth" instead.

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1 d

By the way Howard Schultz is a billionaire himself.

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5 h

Here is the full quote and context of what he said

“The moniker “billionaire” now has become the catchphrase. I would rephrase that and say that “people of means” have been able to leverage their wealth and their interest in ways that are unfair, and I think that speaks to the inequality but it also speaks to the special interests that are paid for people of wealth and corporations who are looking for influence.”

[exitseven]

Calling something a different name does not change what it is. For example calling illegal aliens "undocumented citizen "

[FrodoSkywalker007]

Western society is sometimes really dumb 🤦‍♂️

[FreyaRed]

They want we worship them just because they have connections to gray eminences behind curtains and steal tax payers money while selling governments massively overpriced products or getting billions of subsides without delivering anything usable.
In my opinion every billionaire is human scum and lot of them aren't really the brightest ones despite owning billions.

Half of those multibillion companies and their CEOs are three letter organization assets which laundry human traffic, illegal weapon sales and drug money. That's why those companies appear and disappear from one moment to another. Real companies have too massive real production assets to disappear in few months. What has Starbucks? This asshut is CEO of Starbucks.

[jshm2]

LOL, he's just being an asshole.

But the reality is few people are actually "billionaires" when you take away their levels of debt and liabilities, most are really just "debt pushers". They take on more and more debt and hide it under larger and larger structures.

Elon is a perfect example. His whole "fortune" relies on shell companies and government contracts. He's actually the biggest government welfare recipient in history.

[FrodoSkywalker007]

So dumb 🤦‍♂️

[Anonymous]

Here we go with these ridiculous "word games".

Undocumented Immigrant instead of Illegal Alien.

Birthing Person instead of Mother.

Guardian instead of Parent

Significant Other instead of Spouse, Husband or Wife.

... and many many more...

[canamlusciouslad73]

No, because they have a thousand times a million dollars or a billion dollars of wealth. (Why, Schultzie? Think not calling yourself a "billionaire" will make folk forget the caish you swindled from your compatriots?)

[OneViewpoint]

The label doesn't matter. How about "Ruthless Sociopathic Wealth Hoarders".

[Ill_made_Knight]

He's just trying to avoid being eaten... tax the rich

[fishbone77]

no. what's wrong is our current culture of envy where people who aren't successful think they are entitled to the wealth of people who are successful.

[Takamatsu]

Nah.. Call what it is. Billionaire. Money hoarder. You can be wealthy/comfortable with dedication and a lot of luck. To be a billionaire, it's exploitation or nothing.

[slatyb]

Really? That's silly.

[DonaldDarko]

Sounds like he's trolling.