It does require work. Most businesses have competitors. Most billionaires are extremely competitive people because it takes a lot of effort and luck to get to the top.

Does it contribute to society? No, not really. But it does require a lot of work. Look at the difference between old money and new money families.

Old money families are the ones that don’t work, because they are just normal people with a ton of money. New money families had to work really hard and be really lucky. They literally don’t know how to slow down and relax.

At a minimum, we need stronger regulations, higher wages, and higher corporate taxes to make these people and their money work for us.