What if I have all that, but also have a great idea for a business. Let's say I want to try it out, but to do so I'll need to hire some industrial space, expensive equipment, 5-10 engineers, and some business / marketing people to get it going. Should I have to risk my standard of living to do that?

What if I have 10 ideas that require that?

That's a great point. I wasn't suggesting people shouldn't desire things. We talk as if billionaires are not a zero sum game. But is that really true? #billionaires has gone up but the basic line around housing, education, healthcare, pollution have all been declining no? If I was to venture a hypothesis, will the billionaire's ability to realize the billions actually be viable if it wasn't for the workers who desperately need to cover (the stripped down basic form of) needs 1-7 above?

Can you describe the new governmental Department of Hobby Restrictions? I study music history, transcribe old popular songs, and play many different instruments. Does this count as one hobby called music or does it count as three different hobbies?

What would be the penalty for an asshole like me having three hobbies instead of the two allowed under your plan?

Am I allowed to have one flute, or if I play professionally am I allowed to have two in case one is broken? Am I allowed to have an alto flute and a bass flute as well, or am I limited to just the garden-variety soprano flute?

So the #hobbies is really up to you. At some point personal responsibility would need to kick in to support things beyond some level of basic necessities no?

Is it irresponsible that I know how to play a dozen different instruments?

Add social expenses -- what it takes to fit into a society or community.

Add a buffer for risk and uncertainty about the future.

And then consider what role location has on the whole package. If you want proximity to one of the global hubs / power centers, then you're looking at doing this all in a top-tier cost market.

Then you easily push into tens of millions. Breaking a hundred million to super thoroughly check those boxes isn't a stretch.

This is before considering an agenda / passion that you want to see changed in the world. And before any ambitious desires from family members and close friends.

Breaking into a hundred million is an absurdity given the criteria GP set.

No it’s not. Given the house prices in places like Palo Alto, Malibu, London, or Moscow, the house alone could easily be $50 million.

Postulating that anyone needs 100M is simply absurd. Just because there is insanity in house pricing doesn't mean that this needs to reflect into incomes.

I didn’t say they needed it. But those are the parameters given