In the first place, wealth only has relative value – see hyperinflation, the Zimbabwe section in particular.* If the median US income was $50,000,000/year, then a loaf of bread would cost $2,888 (extrapolated from current median income of $51,939 and estimated bread cost of $3/loaf). So why do you want everyone to be multi-millionaires?
Question-begging aside, we can’t all be CEOs and investment bankers. Even if that were possible, it is not a desirable outcome. Office Space said it best: “Nobody would clean shit up if they had a million dollars.”
*Inflation by 16 July officially surged to 2,200,000% with some analysts estimating figures surpassing 9,000,000 percent. As of 22 July 2008 the value of the ZWN fell to approximately 688 billion per 1 USD, or 688 trillion pre-August 2006 Zimbabwean dollars.[URL=“https://en.wikipedia.org/wiki/Hyperinflation#cite_note-53”]