The Collapse of the American Empire, page-1547

"wealth made by industrialists like Musk benefits so many others."

Musk and his ilk do not "make" or produce any wealth whatsoever.
Musk only accumulates wealth which is produced by others, the working class.

Or printed by the Fed "in advance" which then must be extracted from the labor of others, in the future.

"Donating to charity" , first they accumulate the wealth from others, then toss a few pennies back.
Foundations are a handy tax dodge too.