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by Atreiden 519 days ago
Nice comparison, but this piece of math doesn't quite work out:

> If you earn $25 per hour, Musk makes that equivalent in passive investment returns every 58.400 seconds (assuming a conservative 5% annual return on his wealth).

(450,000,000,000 * .05) / 365 / 86400 (seconds/day) = $713.47/second.

You'd have to work 28.539 hours at $25/hour to make what he makes passively in one second.

Put another way, your annual income working 40 hours a week, 52 weeks a year without time off, (40 * 52 * 25 = $52,000) would take him 72.89 seconds or 1.21 minutes to achieve passively at the conservative 5% annual return rate.

1 comments

Good catch, thanks! I fixed it.