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How Much is One Billion Dollars?

angelfj1

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<span style="font-weight: bold">
Food for Thought</span>

Some Wall Street types (and others) make over a billion dollars a year – each year. How much is a billion dollars? How can you visualize an amount of money so high? Here is one way to think about it: The median household income in the US is around $29,000, meaning half of us make less and half make more.

<span style="font-weight: bold">So, if you make $29,000 a year, and don’t spend a single penny of it, it will take you 34,482 years to save a billion dollars. . . .</span> :nonod:
 
I agree! I'm glad I live in a place where people have the opportunity to be that successful.
 
angelfj said:
<span style="font-weight: bold">
Food for Thought</span>

Some Wall Street types (and others) make over a billion dollars a year – each year. How much is a billion dollars? How can you visualize an amount of money so high? Here is one way to think about it: The median household income in the US is around $29,000, meaning half of us make less and half make more.

<span style="font-weight: bold">So, if you make $29,000 a year, and don’t spend a single penny of it, it will take you 34,482 years to save a billion dollars. . . .</span> :nonod:

But does that include any interest, or are you putting it under your mattress?

:smile:
 
Basil said:
I agree! I'm glad I live in a place where people have the opportunity to be that successful.

Basil said:
Fortunately I make $29,001 per year, so it won't take me nearly that long!

You might want to move into a different neighborhood. :jester:
 
angelfj said:
<span style="font-weight: bold">
Food for Thought</span>

Some Wall Street types (and others) make over a billion dollars a year – each year. How much is a billion dollars? How can you visualize an amount of money so high? Here is one way to think about it: The median household income in the US is around $29,000, meaning half of us make less and half make more.

<span style="font-weight: bold">So, if you make $29,000 a year, and don’t spend a single penny of it, it will take you 34,482 years to save a billion dollars. . . .</span> :nonod:

And what exactly do they produce for that much money? Besides headaches for the rest of us.

m
 
SilentUnicorn said:
angelfj said:
<span style="font-weight: bold">
Food for Thought</span>

Some Wall Street types (and others) make over a billion dollars a year – each year. How much is a billion dollars? How can you visualize an amount of money so high? Here is one way to think about it: The median household income in the US is around $29,000, meaning half of us make less and half make more.

<span style="font-weight: bold">So, if you make $29,000 a year, and don’t spend a single penny of it, it will take you 34,482 years to save a billion dollars. . . .</span> :nonod:

And what exactly do they produce for that much money? Besides headaches for the rest of us.

m

I don't view other people's success - as long as it is legal - as a problem for me. If someone legally makes a boatload of money (legally), they can buy a boat - or a yacht - which keeps the yacht maker in business and their employees employed. I know, I'm a sick twisted freak.
 
I have enough money to last me the rest of my life.


Unless, of course, I want to buy something.
 
This sort of relates here;

My Dad always said, "Be careful if someone says you look like a million bucks. They may really mean something they haven't seen before!"


Dave :savewave:
 
Bill, your a Dentist. Your swimming in money and only work 4 days a week
 
rlwhitetr3b said:
DNK said:
Bill, your a Dentist. Your swimming in money and only work 4 days a week

Unlike some members that only work one day a week. :jester:

Yeah, and we're overpaid at that.
 
Sigh.....

It was a very dark day when money was invented.


m
 
SilentUnicorn said:
Sigh.....

It was a very dark day when money was invented.


m

Rather live in a cave? Not me. Needs to pay da rent and da gas and da other stuff! Kant do it widout money honey.
 
silentunicorn, as have many generations before me ive secreted away my familys collection of small bits of metal, shiny rocks, sea shells and several bales of tobacco. :jester:
 
anthony7777 said:
silentunicorn, as have generations befor me i secret away my familys collection of small bits of metal, shiny rocks, sea shells and several bales of tobacco. :jester:

I collect belly button lint. :banana:
 
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