Although if you did earn $5k per day and managed to invest at a yearly return of 3% above inflation, you'd have about $41 trillion
At 1% above interest you'd just have $3.6 billion so invest wisely
(edit, corrected the numbers)
Although if you did earn $5k per day and managed to invest at a yearly return of 3% above inflation, you'd have about $41 trillion
At 1% above interest you'd just have $3.6 billion so invest wisely
(edit, corrected the numbers)
Okay so then how is he worth that much?
These memes and stories are like, "its unbelievable that Bezos is worth so much money", no it makes perfect sense!
Recipe for a billionaire includes:
Billionaires like to think they worked hard but in reality they exploited others and were lucky in some form or another. Exploitation comes from paying workers as little as possible and/or having such terrible work conditions to maximize efficiency to the point that who cares if someone dies working. Fighting unions and keeping costs down (including pay) means more profit. It also means you can charge less to force other competitors out of business unless they can do the same amount of exploiting to keep costs down.
Beyond that, there's just general business and economic concepts like operating at scale which luck or generational wealth can help shortcut there.
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