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Mark Zuckerberg, Jeff Bezos, Bill Gates. Behind Every Self-Made Billionaire is a Father with Money (mohaboelez.medium.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 24 points 10 months ago* (last edited 10 months ago) (1 children)

Not an economist, but a lousy CS grad, so my rambling may be incorrect. But honestly, I have no words for your genius. More specifically, the lack of it.

you ignored inflation around the 1970s
you did not take into account the cost of living
you also conveniently ignored the lifestyle choices

Inflation has caused the cumulative price increase of 488.65% in the US from 1975 to 2023-almost-2024. $200,000 in 1975 is around $1,177,295.17 in today's time.

$20 million is just an exaggeration for the light-hearted joke @[email protected] made, it's not that deep.

Source: Inflation calculator