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by Atreiden
519 days ago
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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. |
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