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ElboRuum

(4,717 posts)
4. I would wager most...
Mon Oct 7, 2013, 12:57 PM
Oct 2013

Consider the amount that a billion is.

$1,000,000,000.00.

That's nine zeroes to the left of the decimal. Now consider your average paycheck size. Divide that amount into the above number and that is the number of pay periods you would have to work to achieve earning a billion dollars... Chances are good that this number exceeds even the greatest expectation of the human lifespan by at least 1 or 2 orders of magnitude.

Even people amassing a billion from company ownership are rare. Sure, your tech giants like Gates, Jobs, Zuckerberg managed, but largely, even in fertile tech territory billionaires are exceedingly rare. So where do all the billionaires come from? Billionaire parents.

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