Scott Galloway Professor of marketing at NYU Stern and author of bestselling books including The Four and The Algebra of Wealth.

“I think it's ridiculous that people aggregate billions of dollars in wealth. I don't think you're adding any value.”

Prof G Markets · Money & Markets · August 2026

In a long stretch about growing up with no money and what he intends to do with the money he has now, Galloway says he plans to spend it back into the economy or give it away rather than build a dynasty. He calls hoarding a virus and openly flags the awkwardness of arguing this from his own position. The line is where he stops hedging.

Prof G Markets · 2026-08-31 Listen to the episode → More from Scott Galloway → More Money & Markets quotes →

Transcript

Prof G Markets Around 21:35 into the episode

Scott Galloway

So I haven't been on Twitter in four years, but I'm going to guess if it was about me on Twitter, people were just super supportive and really think I'm a great guy.

Ed Elson

Some days wishers

Scott Galloway

…of money I spend. And I do think there's something, I think hoarding is a virus. I think above a certain level, and again, I recognize this is, you know, isn't that, isn't that a great problem? Isn't it nice to be you, Scott? But I am in this position, and my attitude is I'm either going to put the money back into the economy and have a shit ton of fun doing it, or I'm going to give it away. I think it's ridiculous that people aggregate billions of dollars in wealth. I don't think you're adding any value. I don't think your kids are not going to be any happier if they inherit 3 million versus 3 billion. I think there is something to the fact that if you work hard, you want your kids to be able to afford a house and healthcare. I get it. I know a lot of very rich kids. I don't think they're any less happy than non-rich kids, but I don't think they're any happier. So I'm very much on board with…

Ed Elson

I think when they, when they, something that people thought when they saw that clip

Scott Galloway

and

Ed Elson

they heard how much you're spending a month, the reaction is you're not off the hamster wheel. The reaction is you are spending the more wealth you have accumulated, the more you have roped yourself into spending. And I'd be curious to hear if that's how you feel about it, because I think, I think…

Speaker names from our own diarization · position estimated from where the line sits in the episode

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