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this post was submitted on 16 Jan 2024
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A Boring Dystopia
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Quite a few since the late 1800's, if we are ignoring the specifics of "billionaire" and just focusing on people who have the most significant portion of the wealth. Rockefeller and Carnegie weren't any different a hundred years ago, despite them not being billionaires in their day.
People often completely disregard the value of money. (Mostly when it comes to our wages...)
Sure it's not a billion when referring to the old barons, but the purchasing power they held was still equivalent to billionaires of today.