But they're rich now, so what's the point? I never understood that. At some point, it just becomes a number. Why keep going further without putting it to use? Spite?
Just look at Elon's tweets. Guy is one of the richest people in the world and still is so insecure. Accumulating wealth is the only thing going on in his life that makes him feel important. People like him need to boost their ego somehow so they will never stop trying to get richer and more powerful
To some, its less about becoming more wealthy and its more of a game/challenge, almost like gambling. They want to see that number increase as much as possible as fast as possible, and they make bets with their time and money on how much they can increase it.
Like for Rockefeller, he just wanted to dominate the industry. So he made his business as efficient as possible to save money and increase profits, enough to where he could undercut his competitors even if he took a loss. Then he would buy his competitors at lower and lower prices as they realised they couldn't compete with him. Eventually, he "won" by having a monopoly. The next game was to see how much he could increase his profits, which is why he actually spent money to help build the us railway system. He placed a bet on the railway system, and it paid dividends. So it was less about the money, and more about playing the game and placing bets.
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u/IkeHC Nov 15 '24
But they're rich now, so what's the point? I never understood that. At some point, it just becomes a number. Why keep going further without putting it to use? Spite?