Nathan
Tea anyone?
- Messages
- 160
I was thinking about money like i do every day and the lack of it when i thought id google bill gates. I found some interesting stuff and it just shows you how little we earn! It just made me laugh when i read this.
http://www.templetons.com/brad/billg.html
Just a few things if you dont want to read it!
Consider that he made this money in the 25 years or so since Microsoft was founded in 1975. If you presume that he has worked 14 hours a day on every business day of the year since then, that means he's been making money at a staggering million dollars per hour, around $300 per second.
Which means that if, on his way into the office, should he see or drop a $1000 bill on the ground, it's just not worth his time to bend over and pick it up. He would make more just heading off to work.
Another way to examine this sort of wealth is to compare it to yours. Consider an average American of modest wealth. Perhaps she has a net worth of $70,000. Mr. Gates' worth is 800,000 times larger. Which means that if something costs $100,000 to her, to Bill it's as though it costs 12 cents. You can work out the right multiplier for your own net worth.
So for example, you might think a new Lambourghini Diablo would cost $250,000, but in Bill Gates dollars that's 31 cents.
That fully loaded, multimedia active matrix 233 MHZ laptop with the 1024x768 screen you've been drooling after? Half a penny.
A nice home in a rich town like Palo Alto, California? Two dollars. That nice mansion he's building? A more reasonable $63 to him.
You might spend $50 on tickets, food and parking to take your date to see an NHL hockey game. Bill, on the other hand could buy the team for 50 Bill-bills.
Hey, Bill, if you just spent 3 minutes reading this article, do you realize you could have made $50,000 in that time? Back to work. And like I said, no hard feelings.
haha
http://www.templetons.com/brad/billg.html
Just a few things if you dont want to read it!
Consider that he made this money in the 25 years or so since Microsoft was founded in 1975. If you presume that he has worked 14 hours a day on every business day of the year since then, that means he's been making money at a staggering million dollars per hour, around $300 per second.
Which means that if, on his way into the office, should he see or drop a $1000 bill on the ground, it's just not worth his time to bend over and pick it up. He would make more just heading off to work.
Another way to examine this sort of wealth is to compare it to yours. Consider an average American of modest wealth. Perhaps she has a net worth of $70,000. Mr. Gates' worth is 800,000 times larger. Which means that if something costs $100,000 to her, to Bill it's as though it costs 12 cents. You can work out the right multiplier for your own net worth.
So for example, you might think a new Lambourghini Diablo would cost $250,000, but in Bill Gates dollars that's 31 cents.
That fully loaded, multimedia active matrix 233 MHZ laptop with the 1024x768 screen you've been drooling after? Half a penny.
A nice home in a rich town like Palo Alto, California? Two dollars. That nice mansion he's building? A more reasonable $63 to him.
You might spend $50 on tickets, food and parking to take your date to see an NHL hockey game. Bill, on the other hand could buy the team for 50 Bill-bills.
Hey, Bill, if you just spent 3 minutes reading this article, do you realize you could have made $50,000 in that time? Back to work. And like I said, no hard feelings.
haha
.
