Many billionaires are not only morons, they’re racist morons. They also love the trappings of fascism—as long as they get to be the ones on top.
Have you seen that article about that one techbro rich boy and how he wants to structure San Francisco? How the techbros would wear grey shirts, and their Republican friends would red shirts, and everyone else would be forced to wear blue shirts, and those with grey and red shirts would get preferential treatment, because they would buy out the cops?
Men who are inferior to their fellow men, are always most anxious to establish their superiority over women. -Mary Wollstonecraft