this post was submitted on 30 Nov 2023
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[–] osarusan@kbin.social 56 points 1 year ago (5 children)

I mean, if you inherit a billion dollars, that's more money than you will ever earn in several lifetimes of actual work... so yeah.

[–] Snapz@lemmy.world 20 points 1 year ago (1 children)

It's closer to more money than your entire extended family will earn in the next 50-100 generations of your family combined.

Good spirit in your comment, but it demonstrates the fundamental disconnect in how humans perceive vast sums of wealth. A YouTube personality, Tom Scott, did one of the best jobs I've seen of making this concept digestible for people, worth a watch: https://m.youtube.com/watch?v=8YUWDrLazCg

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[–] Hyperreality@kbin.social 15 points 1 year ago* (last edited 1 year ago) (1 children)

that's more money than you will ever earn in several lifetimes of actual work.

Imagine you earn 20 dollars an hour, ten hours a day, work five days a week, two weeks vacation so that's 50 weeks a year.

20 x 10 x 5 x 50 = 50,000 per year. All your expenses are covered for some reason.

To earn a million dollars you would need to work 20 years.

To earn a billion dollars you would need to work 20,000 years.

To be as rich as Elon Musk is now, you would need to work ~~3.7~~ 4.28 million years .

e: updated Musk number.

[–] teichflamme@lemm.ee 11 points 1 year ago (1 children)

Look, I hate to say it but Elon earned his money by working 370,000 times harder than the rest of us

...by working 370,000 ~~times~~ slaves in his daddy's emerald mine harder than the rest of us.

Fixed that for you.

[–] RagingRobot@lemmy.world 11 points 1 year ago (1 children)

It seems like there is definitely an upper limit to the amount of money you can make from actual work. That doesn't seem fair

[–] prole@sh.itjust.works 10 points 1 year ago

That doesn't seem fair

Ya don't say

[–] Blackmist@feddit.uk 6 points 1 year ago* (last edited 1 year ago)

If you earn $100 an hour, and worked every day for 8 hours, and never spent anything, you'd have to have been working since 1400BC to earn a billion dollars.