@Brad_Rosenheim@climatejustice.social
Post #1282653
2026-04-12 17:53 UTC
Now, hourly wage leading to billionaire status is ridiculous, and many realize this. But the comparison is necessary for those who don't understand that a billionaire is equivalent to a thousand millionaires.
But some on Next Door ridiculed me, calling me unintelligent for not knowing that billionaires are made from smart investment and not hard work. They kind of proved my original point, but I decided to show them how ridiculous their defense of the billionaires was:
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@Brad_Rosenheim@climatejustice.social 2026-04-12 17:58
The above plot uses starting principals from $1,000 to $1,000,000, the latter being roughly equivalent to the "meager" sum Jeff Bezos was handed to him by his parents to start hawking books out of their upper middle class home garage. The plot also uses a conservative 4% investment growth that is typically used for conservative retirement planning. Under all of these scenarios, and even after 100 years no one becomes a billionaire. The one with the largest beginning principal grows the fastest and reaches over $50 million. Still, that is only one twentieth of a billionaire.