Pretty much like every other politician, except that he is open and honest about it, unlike most of his colleagues.

Commonly genocide is associated with race in media, but the legal definition is broader in the UN Genocide Convention: “acts committed with intent to destroy, in whole or in part, a national, ethnical, racial or religious group”. The wealthy can be easily associated with specific national groups. Check the case of Pol-Pot en Cambodia for a rather extreme example.