1. They don’t have to do anything they don’t want to so generally have a relative lack of empathy
2. just a few notches above average intelligence but are rarely “genius”
3. They live in mental/emotional bubbles and almost never spend time with “regular” people doing things like shopping, cooking, sitting in traffic or using the infrastructure that unwashed use
That means they can think far enough in the future about “macro“ trends (which don’t really exist), while also fucking over everybody in the process because they don’t have to even experience any of the “externalities” that their actions take.
They see themselves as kings and better educated, more traveled, more cosmopolitan etc… so it’s purely ego
You could have said the same thing when he was worth $50 million instead of a billionaire. For people like that, the mindset is endless growth at all costs...that's why they still turn up to work despite having money to live like kings for multiple lifetimes.
You probably won't even be able to buy a superyacht comfortably, and a megayacht is absolutely out of your reach. For that you need to be a billionaire
I believe it's the same to people like Moroun. They didn't get rich by passing up opportunities to invest, and the very thought of leaving an asset to slide away, when it could still generate more profit, is offensive to people like them. Whether they actually need the profit is beside the point. It's a matter of principle.
What did he gain by attempting to protect his investment in this way? He made the world a bit worse, and in doing so gained... absolutely nothing of any practical utility. Why bother?