this post was submitted on 17 May 2026
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[–] AFKBRBChocolate@lemmy.ca 57 points 19 hours ago (9 children)

People have a hard time conceptualizing really big numbers, and a billion is a really big number. If you put $1B into a fixed rate investment earning 5% annually, you'd be getting $50M a year just from that. Most investments in the market do much better than that. So if she kept just (just!) $10B of what she got, she could easily be getting back well over $500M without doing anything at all. Every year, forever. If she doesn't spend or give away that much, then what she gets back grows.

[–] meco03211@lemmy.world 63 points 19 hours ago (1 children)

The difference between 1 million and 1 billion is about 1 billion.

[–] Akh@lemmy.world 9 points 16 hours ago (2 children)

$1M in $100 bills weighs 10 kilos. $1B in $100 bills weighs 10,000 kilos.

[–] SpaceNoodle@lemmy.world 7 points 14 hours ago

Yes, one thousand times one million is one billion.

[–] DontRedditMyLemmy@lemmy.world 2 points 13 hours ago (1 children)

Er...hmmm... freedom units plz!!

[–] fartographer@lemmy.world 4 points 11 hours ago

Like, 2 elephants, one asteroid, and 16 1998 cloth top convertible Miatas

[–] kboos1@lemmy.world 20 points 18 hours ago (1 children)

What about having $1bil and giving away $1mil is like having $1k and giving away a $1.

[–] AFKBRBChocolate@lemmy.ca 7 points 18 hours ago (1 children)
[–] Ulvain@sh.itjust.works 12 points 17 hours ago (1 children)

Except that the 1$ i give. I can imagine using it, just like i can imagine using the other 999$.

Billionaires have more money than they can imagine using, it's completely insane

[–] AFKBRBChocolate@lemmy.ca 6 points 17 hours ago (2 children)

What if you wanted to buy yourself something pretty, like Microsoft?

[–] vairse@lemmy.world 2 points 13 hours ago (1 children)

Musk literally did that when he bought Twitter though, and is still in n trajectory to being the first trillionaire. At the level of billionaires, it no longer matters what you do, everything generates money and doesn't actually use your assets anymore

[–] AFKBRBChocolate@lemmy.ca 2 points 12 hours ago

Yeah, I was being sarcastic

[–] lemmyng@lemmy.world 3 points 16 hours ago

Then they'd have even MORE money they couldn't imagine using, and then they'll buy more companies, IPs and other shit that will give them even more money they couldn't imagine using and then they'd ha-DO YOU SEE THE PROBLEM HERE?!

[–] Lupus108@sh.itjust.works 24 points 19 hours ago (4 children)

To imagine the huge difference between a billion and a million I always liked the example - a million seconds is roughly 11.7 days, a billion seconds is around 31.7 YEARS.

[–] plyth@feddit.org 2 points 6 hours ago (1 children)

To imagine the huge difference between a billion and a million I always liked the example - a million seconds is roughly 11.7 days, a billion seconds is around 31.7 YEARS.

You are not 30 yet or you would know that there is almost no difference.

[–] Lupus108@sh.itjust.works 2 points 5 hours ago

You are not 30 yet or you would know that there is almost no difference

I'm 35 but this aged me another 20. But not as bad as when I realized that the 70s are closer to my date of birth than the present day is.

[–] Ulvain@sh.itjust.works 32 points 18 hours ago* (last edited 18 hours ago)

I prefer the "having 10,000$ is one step on the stairs" image.

Most people will never be on the first step, apart from people in industrialized countries and even then, not everyone.

A millionaire will be about 100 steps up, or about 4 floors. Ah ha! Look at you all small down there from my 4th floor vantage point!

Then a billionaire, in that same analogy, is 100,000 steps up, or 11 miles, somewhere in the fucking stratosphere. Think they can see the difference between you and the millionaire from up there?

Musk, at 680,000,000,000$? He's passed the fucking ISS, 750 miles from the Earth, basically wealth stops having any kind of meaning or human scale.

[–] webghost0101@sopuli.xyz 6 points 18 hours ago* (last edited 17 hours ago) (1 children)

“You need to “earn” 1300 dollar per hour from the moment of birth to almost be a billionaire at 30 years old” - another way to perceive it.

You need to “earn” 317.10 dollar per second ($1.14 million per hour) around the clock to become a trillionaire at 100 years old.

[–] Black616Angel@discuss.tchncs.de 1 points 11 hours ago

Okay, it's early where I am, but 1300*24(hours)*365,25(days/year)*30(years) is not a billion. It's 341.874.000, so barely a third of the way. You need to 'earn' roughly 3803$ per hour to be over a billion in 30 years.

[–] AFKBRBChocolate@lemmy.ca 4 points 18 hours ago

Yeah, that's a good one.

[–] BigBenis@lemmy.world 3 points 12 hours ago (1 children)

If you had $500k, you could buy an average house in my area. If you had $1M, you could buy two. If you had $1B, you could buy 2000 i.e. the entire neighborhood.

[–] AFKBRBChocolate@lemmy.ca 0 points 12 hours ago
[–] radiofreebc@lemmy.world 10 points 19 hours ago* (last edited 19 hours ago) (1 children)

I always say to people "how long is one million seconds?"

The answer is 11.5 days.

Then i say "how long is a billion seconds?"

The answer is 31.7 YEARS.

Nobody needs to be a billionaire.

[–] LillyPip@lemmy.ca 4 points 18 hours ago (1 children)
[–] wonderingwanderer@sopuli.xyz 1 points 13 hours ago

Holy shit, I knew it was a crazy scale, but that flabbergasted me...

[–] Brokkr@lemmy.world 3 points 18 hours ago

Another way to think about this, if she invested the $10B as you said, she could spend $1M every DAY forever and still have about $130 left over each year.

How much would you need to spend in a day to have a very comfy life? I could maybe think of a way to spend 10k, I would struggle to spend 100k in a day. I have no idea how to spend 10x that much EVERY DAY.

[–] HulkSmashBurgers@reddthat.com 3 points 19 hours ago

50 million the first year. Each succesive year would be more because of compounding interest.

[–] 14th_cylon@lemmy.zip 1 points 18 hours ago

Every year, forever.

every year, forever, and if she is lucky, it might even be slightly more than inflation... 😂