Seems like such a waste to hoard such wealth. I'm sure Warren and his future generations could live quite comfortably in perpetuity with a "mere" $1 Billion.

It is control over companies. Unlike most portfolio companies, he holds them for decades and invests for long term growth. His railroad is a good example. He quadtracked key sections of it to go 70+ miles per hour instead of average 25 like others. More trains = less trucks = 90% less carbon emissions for moving freight.

He also is not weaponizing politics against us, the way Elon musk, Zuckerberg, the Uihleins, Koch brothers, Peltz, Wynn, Mercers, Bigelow, and Peter Thiel have been doing.

I read in a book about why it's okay to be angry about capitalism that Buffet is one of the evil oligarchs, which is absolutely not true.

In the case of Buffett a huge amount of that wealth is tied up in the shares he owns of companies he controls. It's not cash sitting in a bank or just random investments. I'm no Musk fan but his billions are mostly paper and are probably the most fragile of any of the billionaires. The only two companies he controls that are profitable are SpaceX and Tesla and Tesla is just a major screw up or two away from Wall Street punishing it.

That is too much for one person. There is a big problem here.

No matter how "nice" they are.

As long as one family is suffering in poverty no billionaires should exist. Shouldn't multi hundreds of millions be enough even in end stage capitalism?