'On some level, no one deserves to have that much money,' billionaire Facebook CEO Mark Zuckerberg said in response to Bernie Sanders saying billionaires shouldn't exist
When Sanders said as much, he was explaining his plans for a wealth tax and a National Wealth Registry. "This proposal does not eliminate billionaires, but it eliminates a lot of the wealth that billionaires have," he said, "and I think that's exactly what we should be doing."
"As the only billionaire I can consult this matter on, Mark, what is your perspective on Senator Sanders' statement?" he asked. Zuckerberg and his wife Priscilla Chan have pledged to give away much of that vast wealth across their lifetimes through their philanthropic organization. But, as Zuckerberg pointed out, this type of philanthropy from the ultra-rich is widely criticized as a small group of unelected wealthy people choosing what does and doesn't get funded.
Zuckerberg then made the argument for philanthropy and, more broadly, for the approach to philanthropy taken by billionaires like Zuckerberg.
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