this post was submitted on 26 Nov 2024
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He could do absolutely nothing but sit on the beach for the rest of his life and he’d be making more money off interest than we make in a lifetime
Assuming he lives to 88. And gets only 5% interest on his current money. Interest puts him over 1 trillion easy (around 1.8t) So assuming there are 450,000 users on Lemmy and we all make 3,000,000 dollars in our total lives... Yeah he will make about 1.5 times what me all make.
Sidenote: average stock market growth over 10 years has been around 11% I saw. So that would put his worth around 8.9 trillion in 35 years of just sitting on investments.
Great number choice haha. The fascists love the number 88!
It really goes to show how fucking nuts these billionaires are. They could fucking relax for the rest of their lives in luxury but that’s not enough for them.
Money is just a symbol for power. There’s never enough for these ghouls.