The statement that there are no ethical billionaires who’ve gotten there by creating something approximating a billion dollars of value can be trivially disproven through a single counterexample.
The fact that her detractors have spilt gallons of ink arguing against her point without providing such a counterexample speaks volumes.
Plenty of counterexamples have been provided, people just don't accept them because the definition of ethical is subjective. And when you have circular reasoning that defines making money itself as unethical, then you become impossible to please.
But here's a quick list from the top of my head: Judy Faulkner of Epic Systems, Hamdi Ulukaya from Cobani, the founders of Canva, the founders of Stripe, Tobi Lutke from Shopify, Paul Graham himself, Taylor Swift, Beyonce, George Lucas, Roger Federer, J.K. Rowling. Probably dozens/hundreds of others.
If you do something that somebody likes and they give you $1000, that's ethical. But if you do something a million people like, and they give you $1000, then you're a billionaire, somehow you must be unethical?
I just took a quick look at the first person on your list: Judy Faulkner of Epic Systems
Umm - a healthcare company selling patient health records. I'm willing to bet a lot of those records were not obtained through ethical disclosure and most patients would refuse to have private details of their health sold to anyone who wanted it.
Ok, let's take a look at the next: Hamdi Ulukaya from Chobani
https://www.kirkland.com/news/in-the-news/2014/04/chobani-ce...
Right. I'd better stop now.
My point exactly. Your grand slam-dunk evidence that all billionaires are unethical is that:
1. One started a healthcare company, and bad things happen in healthcare, and you aren't going to look into any more than that.
2. One is a rich man being sued by an ex-wife who wants his money/stake in his business.
By these standards, not only are there no ethical billionaires, but there are also no ethical millionaires, or thousandaires, or taxpayers, or politicians. Because they're almost all going to be a degree or two of separation from someone or something doing something unethical or making a claim. "Ethical" is such a high bar that no one meets it, and it becomes a meaningless standard. AOC herself isn't ethical[0][1].
[0] https://www.cnn.com/2025/07/25/politics/house-ethics-aoc-met...
[1] https://www.youtube.com/watch?v=lERYaHawzMQ
>1. One started a healthcare company, and bad things happen in healthcare, and you aren't going to look into any more than that.
I did some more oldfashioned lmgtfy:
This is not just "bad things happening in healthcare". It's how you become a billionaire:
https://prospect.org/health/2024-10-01-epic-dystopia/
> Epic became the dominant vendor of databases because it was better than anyone else at combining regulatory compliance with maximizing hospital income. Epic enables the hospital to maximize the use of codes that determine the payment. “Before Epic, nobody was able to systematize upcoding,” says an executive of one hospital system.
> Epic’s software can enable doctors and hospitals to overcharge patients, insurers, and Medicare and Medicaid.
Edit: so really, "billionaire healthcare company owner" is all you need to know about the ethics of that person.
So you're evil if you make a tool that "can enable" other people to do evil stuff. I guess most software developers are evil. Anyone who makes silverware is evil. Etc.
As I already pointed out above, your bar is going to be incredibly unrealistically low for what counts as evil, and I was right.
You're also just ignoring most of the people on my list anyway, picking on one person (quite poorly), and then trying to generalize that to all billionaires.
About the only "ethical" billionaires (did not exploiting anyone) would be the ones at the end of your list. That would be Taylor Swift, Beyonce, J. K. Rowling, Roger Federer (and no George Lucas is not on that list).
> I guess most software developers are evil.
Not most. Anyone who willingly works for Facebook/Instagram/Tiktok/Advertising/Palantir and other exploitative companies is.
>Anyone who makes silverware is evil. Etc.
Umm, silverware?
>picking on one person (quite poorly), and then trying to generalize that to all billionaires.
Yeah that was my bad - to clarify: anyone who became a billionaire through their own work/talent and without exploiting anyone is an ethical one in my book. Anyone who became one by stealing (yes, "upcoding" medical charges is stealing, unpaid labor is stealing) is not.
What's your definition of exploiting someone?
What's your definition of "through their own work/talent"?
What's your evidence that somehow up-coding medical charges was some crucial part of what led to Epic's initial success?