There's one very basic thing to remember about the rich, especially the rich industrialists. To them, those who are not rich, are just cogs to be used in machines to provide them with more wealth, and to be used until they are used up and replaced. They don't give a rats ass about the poor, and any means to extract wealth out of them is fair game.

End of story.

Some rich people have done good things with their money. The Bill and Melinda Gates Foundation have done lots of good, and he's not leaving hideous gobs of money to his children, though you know they're never going to be poor. The recently deceased President Jimmy Carter never excessively profited off of his presidency and lived a very humble life. Sadly, people like these are outliers, though still good examples.