I think its kind of reductive to claim that all the billionaire fascists are merely racists. I mean sure, racism plays a part, and they definitely are racists, and eugenicists, but fascism primarily is about power and control, and those that have that power now and want more of it arent motivated solely by racism. The reason fascists dislike minorities of all kinds, not only racial minorities but also sexual and religious ones, is because they threaten the status quo and exist outside of the fascists desired hierarchy, and because its useful for controlling a population to give them something ‘other’ to hate and fight against, aside from the fascist puppetmasters pulling their strings. Race is definitely involvex, but for the billionaires leading the charge, the fascist push is avoht money and power and control.