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You know, even Noah Cross answered the questions Gittes posed -- "Why are you doing it? How much better can you eat, what can you buy that you can't already afford?" with an aspirational if power-mad response: "The future!" I don't think today's billionaires have even that much of a lofty if perverted goal.
It's now simply accumulation for accumulation's sake, coupled with a Revenge of the Nerds passion play on a scale so epic normal people can barely conceive of it. They want more money, and they want to be liked/admired. Because they persist in the belief they can buy the latter, they keep avariciously acquiring more of the former to aid them in that fruitless quest. And we all pay the price.