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!
this post was submitted on 25 Oct 2024
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Although if you did earn $5k per day and managed to invest at a yearly return of 3% above interest, you'd have about $41 trillion
At 1% above interest you'd just have $3.6 billion so invest wisely
(edit, corrected the numbers)
Huh. Based on this online calculator(https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator), if i earn £5000 everyday in 1493(Cuntopher Columbus start his slave trading voyage in 1492 i think), i would have £1,825,000, which in today money is roughly £1,813,589,780.47, that's just for a single year.
Kinda made me the richest immortal in the world.
that is obviously just an analogy for the huge time span. $5000/day meaning at the current value
Yes, under those conditions you'd have about $969 million: 531 years since 1493. $5000 x 365 = $1825000 per year x 531 = $969,075,000
According to this article Jeff Bezos makes $595,728,000 a week (holy shit), so even if you were Methuselah earning $5000 a day, he'd still have more money than you after two weeks 😱
As in Jeff Bezos's assetts appreciate at 600M a day. To reiterate the OP's point.
That is a dangerous amount of power concentration.
If you're going to adjust the final amount for inflation then you need to adjust the £5000 for inflation so in 1493 you would only be earning £6 per day.
I don't think the original poster meant you to 'adjust for inflation'. Good thinking tho!
Was Columbus trading slaves?
He enslaved people as he travelled
https://edition.cnn.com/2020/06/12/us/christopher-columbus-slavery-disease-trnd/index.html
Didn't everybody back then?
Slaves didn't own slaves
I'm sure it was very common. But that's whataboutism and it's definitely worth noting.