> Also, why should money be concentrated in the hands of the ultra-wealthy, does their wealth make them more qualified to decide how it's spent compared to society/government?

This is why Bill Gates is still a monster to me. The amount of damage he did through Microsoft over the decades (both corrupting culture so everyone is tied to using MS Windows and the people MSFT economically wiped out) cannot be measured. His after-the-fact giving does not make up for it.