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4 billion dollars! Supposing he carried a large army rucksack each time, full with 25kg of US $100 bills. That would be 2.5 million dollars a time, and it would
by dmurray 3y ago
4 billion dollars! Supposing he carried a large army rucksack each time, full with 25kg of US $100 bills. That would be 2.5 million dollars a time, and it would still take him 1600 trips.
If he came "every few weeks" at 20 times a year, it would take him 80 years. A billion dollars really is a lot of money.
Perhaps he brought the money by wheelbarrow or car or container truck, or he dealt exclusively in €500 notes, so I suppose it's not completely unbelievable.
- junofan 3y agoI would imagine one would invest in a van that could carry pallets.
- dr_win 3y agoAccording to the article it took him 15 years. Had been frequently visiting a single bank in Prague center (Raiffeisenbank) only with a briefcase exchanging EUR into USD in cash. Doing each time 2+2 hour round trip by train from his home town Usti nad Labem (sometimes carring up to 5M USD) .
- _visgean 3y agohe was mostly using euros per the article. Also the article mentions he mostly traveled by train... The article mentions he usually took the money back in dolars.