Jennifer Rubin: From Donald Trump to Elon Musk, the billionaire myth took quite a beating this year
Donald Trump is facing civil liability for exaggerating his wealth. Photo: Bryon Houlgrave
Long before Donald Trump rode down the golden escalator or Elon Musk purchased Twitter or Sam Bankman-Fried built a crypto empire, Americans lionised billionaires.
“The idea of a self-made American billionaire is the super-sized version of all other self-made myths, and outlandish to the point of being at least mildly insulting,” BSchools.org, a blog about business schools, said. “Individual achievement still deserves recognition. But these things don’t operate in a vacuum – and massive wealth is never solely attributable to the actions of a single person.”
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