Tuesday 30 December 2008

One Billion Dollars

It is really impossible for someone to burn through even one billion dollars.

That is the equivalent of spending $25,000 per hour for ten years.

Investing that amount in T-Bills (1-2%) would guarantee you about $60-120k/day in living expenses.

What that means is that every hour you sleep, relax, shave, poop, or somehow fail to spend money, you delay running out of your $1B.


http://tpmmuckraker.talkingpointsmemo.com/2008/12/almost_since_the_news_broke.php

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