Podcast
21 Nov 2025 · 12 min
Rob Moore and Grant Cardone debate whether billionaires are necessary. They discuss media criticism of the wealthy, arguments that billionaires create jobs through risk-taking, and whether tax avoidance is playing by the rules or breaking them.
Chapters
I want to start straight in with something that's been big in the media in the uk.
Okay.
You may have heard of this, you may not, but there's been a bit of a campaign against billionaires.
Oh, really?
Yeah, there has. There's this thing in the media right now. Why do we need billionaires? Billionaires aren't needed. Billionaires hoard money. Billionaires get away with taxes. Yeah.
Yeah.
And there's been a big debate. Why do we need billionaires? I feel like we need billionaires. But I'd love to hear your thoughts on. Do any billionaires or is it just a waste of money and resource.
Well, it's foolish. Like, it's foolish. There's trillionaires. Like, what makes billionaires trillionaires?
Yeah.
So, like, people don't. They're complaining about the wrong thing. How do you have a billionaire? You don't have a billionaire because of millionaires. You got billionaires because a trillion, trillionaire companies.
Yeah.
So these banks, you know who's getting the pass right now is the big giant behemoth. And. And those are the big institutions that are doing trillions of dollars. Forget billions. Yeah, yeah. Do we need billionaires again? We need people taking risk. People need to take more risk. People need to put themselves out there. People need to hire people. There's too many small companies and too much small thinking going on.
Yeah.
So look, I hope to be a billionaire one day.
Yeah.
Like, you're not going to take it from me because I'm going to figure out some other way to reallocate it.
Yeah.
And do good things with it.
Yeah.
So.
So when people say, oh, they hoard it, they don't pay taxes.
Yeah.
That's not.
But that's not true. Like, Like, I don't pay. I don't pay income taxes in America. Like last year, I didn't pay any income taxes. Yeah. But I paid $30 million for the property taxes.
Yeah.
I also hire. I have 185 people on one payroll and 175 people on another payroll.
Yeah.
So 350 people times what, 50,000 bucks? 60,000, $70,000 a year, whatever that number is. I'm paying $200 million a year or $21 million a year in salaries, plus 15% matching. Yeah. I'm doing my share. Share. Now, if I can figure out a way personally to. Okay, I'm gonna go buy a jet. I'm gonna offset my income, not pay any income taxes. Well, I'm gonna play every game I can, and everybody should play every Game. You can. The problem that people need to complain about right now is not the billionaires. They need to understand that the. Because what they're saying is there's income inequality, wealth inequality, but the reality is there's education inequality. The billionaires play by a different set of rules than everybody else. So do I blame the guy playing by a different set of rules or do I blame the game? You know the old saying about don't hate the player, hate the game. You need to learn how to win at the game. Don't hate anybody. Don't hate the game, don't hate the player, learn the game and the game of the wealthy. The rules are stacked for wealthy institutions and wealthy families. And people need to understand what those rules are. Yeah.
And those games, those rules, those games.
Investing.
Yeah.
Not spending.
Yeah.
I'm an inv. I'm. I'm not going to buy. I'm not going to buy.
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I'm going to buy a company.
Yeah.
You know, Donald Trump, Everybody hates jobs, huh?
Create jobs.
Yeah, I'm not going to have a job. I'm going to create jobs. Like the difference is Donald Trump, he buys a building in New York, he lives in it. He doesn't buy a house and live in it. He buys a building and lives in it, rents out the whole place. He literally gets paid to live where he is, right? And then moves into the White House.
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The gold or silver you purchase.
I've got a special deal where I get a good price on my gold and silver. And I've also got a very special deal for you, my loyal listeners and subscribers, spot price or better.
And@robmore.directbullying.com Same thing with the Queen.
Okay, this recent budget should warn you that your pension is not safe and secure and they're coming for your inheritance. Do you even know how much is in your pension or where your pension is invested? Add to this the recent inheritance tax grab on your pensions and the risk of a market crash, you probably didn't know this, and I didn't until recently, but physical gold can be added to your pension plan. Gold is inheritance tax free and has grown 700% in the last 20 years. You probably know from my content I'm investing heavily in silver and gold and that's why I've partnered with direct bullion. Myself and Nigel Farage are brand ambassadors, and direct bullion can help you with gold to protect and grow your pension. I buy my gold and silver from direct bullion and I don't earn any money on any purchases of gold or silver if you buy direct from direct bullion. So if you go to robmore.directbullion.com you can get a great price on your silver and gold and you can get the pension gold investing guide completely for free. As you know, I don't do many strategic partnerships, and when I do, I do them with people who are credible, who've been doing it a long time, who invested things that I invest into. And gold and silver's going wild. I'm investing heavily in gold and silver and I recommend you check out robmore.directbullion.com.
Like, look at the play, man.
Yeah.
I mean, are you gonna take the queen stuff from her?
I'm not making.
Nobody is, nobody is. People been trying to take our stuff for 70 years. Ain't nobody taking her stuff. So this is not a new thing. This is not a new problem. Like, this is thousands of years old. Play the game of the wealthy. Own things, own businesses. Don't spend money, invest money, don't waste it on cars and bicycles. And like, if you look at the average family in the uk, they will spend ridiculous money on things their kids want. Look, I take care of my kids, but I don't just frivolously buy them junk. Like, okay, it's only $89. I'm gonna get it for them and it's worth nothing the next day. That's where the difference is.
Yeah.
And then the wealthy, they invest money to connect with people. Okay. Most people go home at night so they can be with their family. The thinking's different. So these guys are going to go to Davos and meet with Bill Gates and Warren Buffett and spend millions making connections. Not tens of thousands, millions of dollars. Where the average household in the UK is like, I just want to go home tonight, watch tv. And people are getting punished for that.
Yeah. Yeah.
I think there's such a massive misunderstanding between producers and consumers. I mean, the billionaires produce the people who complain about them, consume what value is being created? I believe that people are rewarded fairly based on the value that they create.
Even if we don't agree on the.
Value that they create.
Yeah, yeah, yeah.
Because we're in a capitalist society and the merit is the money and the wealth. And in England, you've got VAT value added tax, you've got corporation tax, you've got national insurance, you got employers and employers national.
Yeah, yeah.
Then you've got their taxes.
Yeah.
You've got. Also, like in property, you've got stamp duty and all these taxes that are generated. So all these people complaining about the billionaires.
The billionaires are creating virtually the whole economy.
And the millionaires, well, they won.
They played a game and they won it.
Yeah.
You don't want to take their chips from them.
No.
Or disincentively.
I think, I think the hating really, and I talk about this all the time, that people that hate on me or hate on anything really, like, when I look at that, every one of them has quit the thing you're hating on, you quit on. And I remember a guy walking out of a, I think it was Alcoholics Anonymous meeting saying, this doesn't work. As he drank.
Yeah.
You know, of course it didn't work. And now you're going to rag on it. You know, the person goes to an event, they had an opportunity to buy some program at the event, didn't. That's the only people that complain about people selling stuff at events. The only complainers in the room. I've been doing this 30 years. The only people that ever complain when they leave an event, well, they tried to sell me stuff and it was a big pitch thing. You didn't buy anything, did you? Okay, the same thing about a charity. Like you go to a charity event. The only people that complain about a charity event, oh, it was too long. Entertainment wasn't good. The food was no good. You didn't give anything, did you? Yeah, like there's, there's something value. When I quit, I want to hate, Right?
Yeah.
When I quit on being a billionaire, then I'm like, okay, I gotta hate the billionaires. Because everybody that's watching this right now, you could be a billionaire if you made one, made a decision. Number two, got the right. Got in the right vehicle. And three, didn't quit on it.
Yeah.
I truly believe that anybody could do it.
This episode was brought to you by Disruptive Media, helping bold entrepreneurs stand out through podcasting, video and social content. Visit disruptive media.co.uk to learn more.
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This episode was brought to you by Disruptive Media, helping bold entrepreneurs stand out through podcasting, video and social content. Visit disruptive media.co.uk to learn more.
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