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> One person could have enough to give every American $1M without first taking $1M from every American. Did you and everyone you know buy $1,000,000 of Washingt
by Riseed 5y ago
> One person could have enough to give every American $1M without first taking $1M from every American. Did you and everyone you know buy $1,000,000 of Washington Post or Wallstreet Journal subscriptions, for example?
Once net worth is that high, the majority of it seems to be attributable to stock market and other similarly intangible $, rather than $ someone has literally directly taken/earned from others. It seems unfair to expect humans to contemplate big numbers (something we're known to be bad at) by also thinking about imaginary $ as though they had a 1-for-1 tangible source.
That being said, you certainly aren't wrong to think of it this way. For example, Bezos' net worth of ~$110B / ~333M Americans = ~$333/American , which sounds like a reasonable ballpark approximation of how much _profit_ the average person has spent on Amazon + Audible + AWS + WaPo.
Thanks for giving examples of logical ways to process large numbers. These are good ways to double-check quick maths.