Certainly it supports the rise of incubators like Y-Combinator and "super angels," or individual investors who can provide sufficient capital to propel a startup venture to breakeven and beyond.
Many of the super-rich see virtually all their income as capital gains, and capital gains are taxed at a much lower rate—15 percent—than ordinary income.
In Mumbai, India's financial capital, new luxury apartment blocks are being built throughout the city to cater for the fast-growing number of super-rich.