Re: Enyart, McKinley Introduce Plan to Cut Waste, Invest in Infrastructure Archived Message
Posted by bob on July 9, 2014, 12:33 am, in reply to "Re: Enyart, McKinley Introduce Plan to Cut Waste, Invest in Infrastructure"
This didn't help me understand any: Bill Gates was estimated to be worth approximately $40 billion in 1998. At the present age of 44, let's predict that he lives another 40 years. Assuming he retires tomorrow, and never earns a dime of interest, in order to deplete his funds at a constant rate over the next 40 years, he would have to spend $1 billion (or $1000 million) a year! That's $83 million a month, $19 million a week, or breaking it down further, he would have to spend over $114,000 an hour, day and night, for 40 years.
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Message Thread:
- Enyart, McKinley Introduce Plan to Cut Waste, Invest in Infrastructure - Sleuth July 8, 2014, 4:20 pm
- Re: Enyart, McKinley Introduce Plan to Cut Waste, Invest in Infrastructure - machine_easy2 July 8, 2014, 4:39 pm
- Re: Enyart, McKinley Introduce Plan to Cut Waste, Invest in Infrastructure - bob July 9, 2014, 12:14 am
- Re: Enyart, McKinley Introduce Plan to Cut Waste, Invest in Infrastructure - bob July 9, 2014, 12:33 am
- Re: Enyart, McKinley Introduce Plan to Cut Waste, Invest in Infrastructure - metal July 16, 2014, 5:36 pm
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