""I am of the belief that every billionaire who can't live on $999 million is kind of a sociopath," Disney told the Guardian in an interview published in April. "Like, why? You know, over a billion dollars makes money so fast that it's almost impossible to get rid of.""
""The need to tax rich people like me has never been so dire," Disney wrote in a 2024 op-ed titled, "World leaders have a chance to raise taxes for rich people like me. I'm begging them to take it," published by the Guardian. "Extreme wealth concentration in the hands of a few oligarchs is a threat to democracy the world over.""
""moderate wealth tax on the fortunes of the richest one-tenth of the richest 1% of Americans-on us.""
Abigail Disney, an heiress to the Walt Disney fortune with an estimated net worth near $120 million, urges higher taxes on the wealthiest Americans and public redistribution of extreme fortunes. She has donated tens of millions of dollars over the years and is part of a group of ultrawealthy individuals who committed to give away large portions of their wealth. Disney stated that billionaires who cannot live on $999 million are behaving like sociopaths and backed proposals such as a moderate wealth tax targeted at the very richest fractions of the top 1%. She framed extreme wealth concentration as a threat to democracy.
Read at Fortune
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