@marchforbillionaires.org
Billionaires get a lot of hate. But the average billionaire is someone who created a lot of wealth by making things people want. Join us in celebrating billionaires' contributions, Feb 7 in San Francisco. https://marchforbillionaires.org
We’re not sure why our benighted opponents chanted both “fuck the poor” and “eat the rich”. Perhaps they hate everyone regardless of income? That would explain their support of this wealth tax, which would harm rich and poor Californians alike.
How to spend a quiet afternoon in San Francisco: organize a pro-billionaires march.
I went to the pro-billionaire march in San Francisco yesterday and wrote about it: www.wsj.com/lifestyle/bi...
Senator Sanders, We encourage you to look beyond the headlines here. We did not march so that Bezos could buy another mansion or Zuckerberg another yacht, but because we believe that those billionaires and many others have made life better for everyday Americans. Yes, the tech founders you named are fabulously wealthy. But they did not steal that money from anyone. Just like you made your millions selling books people wanted to read, most billionaires are rich because they made things people want. We’re all better off for Amazon’s extensive catalog with two-day delivery or Starlink’s rural internet access. The engine of capitalism brought us these and so many more innovations that make us the wealthiest country in the world. You’ve named Sweden as a model for the US to follow. Well, Sweden had a wealth tax once, but it led to capital flight like we’re already seeing in California. Twenty years ago they rolled it back, and now they have both a generous welfare system and more billionaires per capita than the US. Let’s learn from their experience. Like you, we want every American to have a fair chance to succeed, and that means closing tax loopholes and funding basic social services. But blaming the rich for everything wrong with the country doesn’t solve anything. —— Paid for by Derik Kauffman (not the billionaires)
Our response to @sanders.senate.gov’s remarks
amazing things are happening in SF
About two dozen people joined the march. Plus some obvious trolls with colored signs who counterprotested.
Those were counterprotestors, to be clear
A counterprotestor, to be clear
Thank you to everyone who marched with us today! Remember, Billionaires Build Prosperity—let's keep them in California!
A conversation with Annie helped inspire the march, but she was not involved in organizing. We do not endorse all of her views.
It was great, thanks for asking! Photos soon
The person you're referring to was an attendee, not an organizer
Very different case. After the Massachusetts millionaires tax, its top tax bracket is still a third lower than California's. The proposed wealth tax in CA is fatally flawed.
Google AI summary: As of early 2026, Amazon's total worldwide workforce stands at approximately 1.57 million to 1.6 million people. This total includes full- and part-time employees working across corporate offices, fulfillment centers, and physical retail stores. The company remains the second-largest private employer in the U.S..
That's 1% of their total workforce.
There are now many tech startups that raise at valuations of billions or tens of billions of dollars before IPO.
People use Google search because they feel it's the best option or because they never changed the default. What market power does Google have there? Switching costs are zero.
You voluntarily choose to use Google knowing it has ads, meaning it has positive value to you. There's no externality imposed on non-Google users.
Several reasons:
- complexity of valuing illiquid assets
- forcing payers to take liquidity on potentially bad terms
- laying the groundwork for wider asset seizure
- retroactivity to the start of this year
- taxing voting power instead of economic ownership
Happy Black History Month! Did you know that there are 25 black billionaires? The richest African American is David Steward, who founded IT systems integrator World Wide Technology.
It’s real, folks!
Bad institutions and governance, mainly: en.wikipedia.org/wiki/Why_Nat...
The richest countries are all capitalist liberal democracies with strong property rights (or petrostates).
If your argument is that immigration lifts people out of poverty, I agree with it.
Hi Katie! We sincerely believe what we're saying. We think most billionaires have had greatly positive societal impacts, directly and indirectly. We support wealth creation and oppose rent-seeking/extraction, anticompetitive practices, and regulatory capture.
What do we like about billionaires?
"One of the main ways to become a billionaire is by offering products and services to the public at an appealing price." —@mattyglesias.bsky.social
If you tried to live without products from large corporations you'd quickly see how much they add to our lives.
From our website. We don't necessarily endorse everything these people have done, but we think their contributions to society have been clearly net positive.
Hi Dustin,
We've removed your name from our site to focus on billionaires whose positive impact came mainly through what they built as opposed to philanthropy.
We too worry about regulatory capture, money in politics, and corruption. We see them as abuses of economic power, not an indictment of it.
It's time to take a bold stand in defense of America's oft-maligned billionaire class.
www.slowboring.com/p/lets-all-p...
bsky.app/profile/marc...
to add to this: poverty in DRC is due to weak institutions, disease, wars, corruption, and colonial rule. Some billionaires like Dan Gertler have exploited this for personal gain, which we condemn. We support the Norwegian model of taxes on resource extraction to benefit the people.
We're serious. No one is paying us for this. We know that our views are unpopular here, but we believe in engaging in good-faith discourse with those of differing opinions.