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If you made as much as a nurse makes per year, but per day instead, then after a full career you would still not have as much as one of Norway's richest men. K
by hmottestad 5y ago
If you made as much as a nurse makes per year, but per day instead, then after a full career you would still not have as much as one of Norway's richest men.
Kjell Inge Røkke didn't have much when he started out, now he has close to 20 billion Norwegian kroner. Roughly 2.3 billion USD.
A nurse starts out at a bit above 400 000 kr (48 000 USD). If they paid you a years salary every day for a regular 5-day workweek, 46 weeks a year (to account for holidays) and you worked from when you were 20 and retired at 70. You would still only make 4.8 billion kr, roughly 1/4 of what Røkke has made so far.
414000 * 5 days * 46 weeks * 50 years = 4 761 000 000
- chii 5y agoit's a poor example. Of course one would not earn enough just keeping the cash. The nurse earning 400,000 per day would out-earn Kjell Inge Røkke, if she invested that money in the market. https://www.calculator.net/interest-calculator.html?cstartingprinciple=0&cannualaddition=0&cmonthlyaddition=7935000&cadditionat1=beginning&cinterestrate=5&ccompound=semiannually&cyears=50&ctaxtrate=0&cinflationrate=0&printit=0&x=41&y=21#interestresults https://www.calculator.net/interest-calculator.html?cstartin...