2 ms·
> 10% of a $1 billion income has zero influence on your lifestyle. That seems obviously untrue: $100 million could hire a thousand employees at $100,000/year (
by eadmund 3y ago
> 10% of a $1 billion income has zero influence on your lifestyle.
That seems obviously untrue: $100 million could hire a thousand employees at $100,000/year (I am ignoring payroll taxes and benefits). Hiring that many additional people to do one’s bidding would have a noticeable influence on one’s lifestyle, and losing that many would as well.
Hey, if I had $1 billion a year I would have teams of artisans, craftsmen, authors, poets, tailors and the like at my beck and call. My mansion would be a work of art. My parties would be experiences. I’d build a cathedral.
… there’s probably a reason that I don’t make a billion a year!