4 ms·
I’m not sure he has enough. If he puts that $2B in a savings account earning the average 0.06% interest, he’d only be getting $100K per month. How can anyone
by devoutsalsa 5y ago
I’m not sure he has enough. If he puts that $2B in a savings account earning the average 0.06% interest, he’d only be getting $100K per month. How can anyone live in so little? And he’d be losing a lot to inflation.
- Hinrik 5y agoNobody keeps anything close to that kind of amount in a savings account. They put it into various asset classes that appreciate by a lot more than 0.06%/year.
- kthejoker2 5y agoWoosh
- MR4D 5y agoI presume this is sarcasm. That being said, if his wealth is all in AAPL, then he would earn about 1/2% on it - roughly $11 million per year.