ok I'm going to TRY to explain his thinking but I'm likely going to come off as racist trying to explain it.

What he's saying is there are those who earned their wealth via hard work and all that other bullshit and others that just got it handed to them or give off the impression that they're insanely wealthy when "they're not".

this is what he likely means when he says "n-word rich". Because this morons impression of wealth in the Black community is via watching music videos and watching reality TV. He's watched way too many youtube vids about such and such Black music artist or athlete who wears all this "bling" has all these cars and a huge mansion with nothing in it but meanwhile said person is broke. that's what he means by "n-word rich".

he could have just said "The problem is the majority of billionaires aren't actually billionaires. They just think they are."

No idea. I do think billionaires are a serious problem and shouldn't be allowed. Dont care how many business they start. They have the power to buy elections and play games with our entire world so fuck em.