What's The Biggest Advantage Rich People Have? Ex-Facebook President Sean Parker Explains

By on November 29, 2017 in ArticlesBillionaire News

According to former Facebook president and billionaire Sean Parker, the biggest advantage rich people have over everyone else is the accessibility of top-notch healthcare.

"Because I'm a billionaire, I'm going to have access to better healthcare," Parker said at a recent Axios event.

The entrepreneur believes rich people have the chance to live longer and continue to building their wealth. "Give us billionaires an extra hundred years and you'll know what wealth disparity looks like," the 37-year-old added.

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This may come as no surprise, considering the continuously growing expense of healthcare is an ongoing issue for so many American families. (Data from the Centers for Medicare and Medicaid Services showed the annual cost of healthcare per person reached $10,345 in 2016.)

Parker also believes that wealthy individuals have a longer life expectancy and a better chance of outliving the rest of the population because of the ability to afford the very best in medical care.

In 2016, Parker established the Parker Institute for Cancer Immunotherapy, a research organization that aims to accelerate cancer innovation, with a $250 million grant from his charity, the Parker Foundation.