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Wow. This is an excellent thought experiment to picture being super rich: > PERSPECTIVE. The wealthiest person I have spent time with makes about $400mm/year.
by shafyy 8y ago
Wow. This is an excellent thought experiment to picture being super rich:
> PERSPECTIVE. The wealthiest person I have spent time with makes about $400mm/year. i couldn't get my mind around that until I did this: OK--let's compare it with someone who makes $40,000/year. It is 10,000x more. Now let's look at prices the way he might. A new Lambo--$235,000 becaome $23.50. First class ticket internationally? $10,000 becomes $1. A full time executive level helper? $8,000/month becomes $0.80/month. A $10mm piece of art you love? $1000. Expensive, so you have to plan a bit. A suite at the best hotel in NYC $10,000/night is $1/night. A $50million home in the Hamptons? $5,000.
- alexpetralia 8y agoWho makes 400mm _per year_? This feels similar to converting 1 day of revenue into an "MRR" number. [Edit] To be fair, these people probably exist, but they are very, very few (far higher than any banker or celebrity).