People Are Sharing Analogies To Show How Much More A Billion Is Than A Million And It's Truly Mind-Boggling
"If you made $7,000 an hour every day since the birth of Jesus Christ, you'd have made less money than Jeff Bezos."
Pull up a chair, because we're about to talk numbers.
The following tweet about understanding the difference between billions of dollars and millions of dollars is sparking a lot of conversation on Twitter:
A lot of people seem to not understand the gigantic difference between someone having a net worth of $2.5 million and someone having a net worth of $64.2 billion
The tweet is referring to the net worth of Democratic presidential candidates Bernie Sanders and Michael Bloomberg.
Thinking about how much a billion dollars actually is can be hard to wrap your head around.
I honestly dont think people realize how much a billion is. A million seconds is 11 days. A billion seconds is 32 years. If you had a million dollars and spent $1000 a day, you would run out in 3 years. A billion dollars, spending $1000 a day, would last 2740 years. Facts.
Just...watch this:
.@MarkHelenowski's visualization of Bloomberg's comparative wealth is so good--never seen it like this before:
If you're still scratching your head, here's a visual of how much more money Michael Bloomberg has than Bernie Sanders.
@ParkerMolloy I’m as bad at visualizing math as anyone. Seeing it like this helps: $64,200,000,000 (Bloomberg) - $2,500,000 (Sanders) ——————— $64,197,500,000 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
So, yeah, a billion dollars is a lot...
@ParkerMolloy Bloombito could walk up to 60,000 people and hand each of them $1 million in cash and would still have enough to have GIVEN AN EXTRA 1000 PEOPLE $2.5 million each.
...Like, sooooooooooo much more than a million.
@ParkerMolloy If you made a dollar a second, you’d earn Bernie Sanders’s net worth in just under 29 days. You’d earn Bloomberg’s net worth in over 2,035 years.
If you have $64+ billion, you'll earn $2.5 million in interest in ONE day just by leaving it in the bank.
@ParkerMolloy Easy way to determine the difference, if you earn 12% interest, the interest earned on the 64 billion is about 10 times the amount of the 2.5 million earned...that day.
Thinking about having a billion dollars is wild, but thinking about having more than SIXTY BILLION DOLLARS is just mind-boggling.
@BlazersBySagar @CJenkins_Wx The one I saw earlier: If you made $7,000 an hour, every day since the birth of Jesus Christ, you'd have made less money than Jeff Bezos.
Has it sunk in yet?
Good. Now I apologize for making you feel so broke.
