Comment by S_A_N_D_ on 17/02/2025 at 18:18 UTC

21 upvotes, 1 direct replies (showing 1)

View submission: Why don't we hear about unethical billionaires (same thing ik) getting hacked and their money being stolen more often?

A lot of people are pointing out that it's not necessarily as accessible or easy to hack them.

It's also very unlikely to get publicized. Most billionaires are very protective of their personal life, especially their personal finances. Any one of them that does get hacked is very unlikely to make that public, and anyone involved is going to be under so many layers of privacy agreements and NDA's that they couldn't talk. The few that aren't under NDA's still likely won't talk because they're likely in an industry where their reputation matters and pissing off your clientele is not going to be good for business.

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Comment by _Amarok at 17/02/2025 at 22:55 UTC

13 upvotes, 1 direct replies

This last point needs more attention. The vast, vast, vast majority of billionaires don’t like the public spotlight and many see it as antithetical to them being able to accrue more wealth.

Here’s an analogy: during the prohibition era, Al Capone was actually seen as small potatoes by the big crime families in New York. But they put up with Capone because he was drawing all the attention to himself with his flashy lifestyle and that, in turn, made it easier for them to continue living in relative obscurity and keep up their rackets.

And guess what? Those families operated unhindered for generations after Capone went down.