Why do billionaires don't have social media accounts?

[Anonymous]

They don't have facebook, instagram, youtube accounts blogs

[MrOracle]

Billionaires don't become billionaires by sitting around on their phone or computer all day. A large portion of my customers are wealthy people (not billionaires, but definitely multi-millionaires), and they are ALWAYS WORKING. Sure, they have multiple homes and can take nice vacations, but they are ALWAYS on the phone, in email, in conference calls, etc. A lot of them are managing multiple businesses and meeting with customers and employees constantly to keep things going. They are also surprisingly involved in their children's lives, and they keep their kids busy with school and sports and extracurriculars.

They also don't want to advertise to the general public who they are, what they do, or what they have. They socialize constantly, but they do so in person. They all belong to the same gyms, the same country clubs, send their kids to the same schools, and go to the same parties (I DJ some of those parties, and it's always the same group of people). So, they don't need to use social media to socialize - they meet with real people face-to-face, and they know that those people have many of the same priorities and concerns as they do.

The exception would be people who are already public figures. Your tech CEOs and people in public office and a few people in Hollywood, and that's mostly it.

[On_cloud_wine]

Most of them put their kids up in boarding schools because they don’t have time for them and the only parental figure they have are the teachers in these schools... that’s what one of the teacher’s told me. He thinks it’s sad.

[In_Trance]

If you want to be a billionaire, you spend time doing things that are going to make you billions

[SueShe]

What about this Trump guy?

He is one that misuses it probably most with all the fake news and garbage he posts, no?

[idontwannausername]

Trump isn't a billionaire...

[SueShe]

@idontwannausername
https://www.forbes.com/profile/donald-trump/

[Astarlessnightsky]

They don't want their private data to be collected by those companies.

[codyccc]

Because one bad post can cost you billions of dollars its not worth the risk that's why there companies hire professional to do it plus they have better things to do

[Unit1]

They spend their time making billions (minute by minute), not posting on instagram.

Hence I'm also not on any social media.

[ThiccNigro]

A lot of them have Twitter

[_no_one_]

Coz they r busy making some notes

[TwoToTooTutu2]

They don't need them.

[fall4candy]

they dont want to waste their time.😎

[meetbadboy]

Well I think most of them got social media.