Bill Gates Says He Would Set the Tax Rate ‘For Rich People’ Similar to Him at 62%: ‘A Huge Amount of Wealth’

Does Bill Gates, the sixth richest person in the world with a net worth of $163 billion, think he’s too rich?

Gates avoided answering “yes” or “no” in a September episode of the Netflix series “What’s Next? The Future with Bill Gates.” Instead, he stated that it was “kind of wild” that billionaires even existed.

“It’s a huge amount of wealth, which if you even tried to consume it would be kind of absurd,” he said.

Related: Bill Gates Recommends These Books for Your Summer Reading List

On a podcast episode of On with Kara Swisher, which aired Monday, Gates specified that he would set up a different tax framework for the ultra-wealthy

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