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A comment on Activision Blizzard has moved billions of dollars of profit into tax havens. Parent comment
Many of those (the ones who still do relevant work themselves) are hardly elites -- rather small change (e.g. Torvalds).
And the elite rest did their personal inventing before they become elites (Jobs or Ellison, for example, didn't do much inventing as billionaires).
Afterwards the inventing (when they were not actively stifling innovation, like Oracle and MS) was done by their employees...
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Many of those (the ones who still do relevant work themselves) are hardly elites -- rather small change (e.g. Torvalds).
And the elite rest did their personal inventing before they become elites (Jobs or Ellison, for example, didn't do much inventing as billionaires).
Afterwards the inventing (when they were not actively stifling innovation, like Oracle and MS) was done by their employees...