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Billionaires are not our allies. And some of them are genuinely stupid enough to have thought they could contain what was going on that it was just gonna be more tax cuts for them. They, like the public, didn't all actually believe it would be true. They are not inherently smarter or more immune to propaganda than we are.
They just have more access to information - if they don't surround themselves with people that are only yes men and such.
Other billionaires are betting on the collapse, and are willing to take less monetary power, to have more literal power if they can create their own city states. Literally what they're hoping for.
They are short sighted, stupid, arrogant, heartless... and, many, traitors.
Some need to be made an example of.
But we accept those who ask for forgiveness. I'm not saying to actually forgive them. Or to re-establish normal lives with them. Other people can do that work.
But they do have to have SOME kind of off-ramp, or you might as well be making the same arguments that MAGA are when they claim "liberalism is a mental illness and should be jailed."