Socialists everywhere cringed.

This is a perfect example of how capitalism helps the poor, contrary to what ignorant anti-Capitalists would have you believe. Here we have the two richest men in the world, both of whom amassed their respective fortunes through markets and sheer entrepreneurial drive, fighting against poverty- and doing it more effectively than world governments.

These two men have shown the world what Capitalism is really about. Ignorant liberals think that because one man gets rich, another must become poorer. In effecxt, they believe the world operates as a zero-sum game.

When someone like Gates or Buffett becomes rich, they believe, everyone else must get proportionally poorer. Not only is this false, but in reality, the opposite is true. When someone becomes wealthy, especially someone with the genius of Gates or Buffett, he/she is able to open new markets, create well-paying jobs, and make the world better for everyone.

Still, those obsessed with Socialist theory and full of hate for Capitalistic forces will try to poke holes in these facts. That's because Socialism works in theory (which anti-Capitalists confuse with viability), but not in practice- that is, in the real world, where centrally-planned economies result in starving citizens.

In the real world, free markets promote equality and allow those with the most wealth to use their entrepreneurial skills to help those who need it most.

That is what Capitalism is all about.