The World's Richest Man
The World's Richest Man
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| Bill gates |
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This is Bill Gates. He is the world's richest man. |
But just how rich is Mr. Gates? |
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Based on Microsoft's current stock price, Bill is worth: $41.21 Billion. Read on for the details. --------------------------------------------------------------------------------
President of the United States $200,000 Vice President of the United States $171,500 Chief Justice of the United States (Supreme Court) $171,500 Associate Justices of the Supreme Court (8) $164,100 United States Senators (100) $136,700 United States Representatives (435) $136,700 Total Salary for all these people (546) $74,990,300 Number of Times Bill could buy these people's salaries 549.58
On 10/8/2000 , the exchange rate was 2226.00 Italian Lira for every US dollar. That means he's worth 91,741,129,641,262.5 Italian Lira. (That's 91.74 Trillion Lira.) If Microsoft were a Turkish company, then Bill's Net Worth would be expressed in Turkish Lira. On 10/8/2000 , the exchange rate was 671,060.00 Turkish Lira to the US Dollar. That means that Bill is worth 27,656,694,724,647,624.00 or 27.66 Quadrillion Turkish Lira!
It cost Mike Tyson $3 million (he forfeited 10% of the fight purse) when he bit off a piece of Evander Holyfield's ear in a boxing match. Assuming that piece of ear weighed about 1/2 an ounce, Bill could afford to eat 429.30 pounds of Evander Holyfield if he were so inclined. According to Forbes Magazine the total value of all the Major League teams in all four major US Sports (in 1997) was $22.17 billion. That's only 53.7% of Bill's fortune.
Let's compare Bill's Net Worth with the Gross Domestic Products of the nations of the world. GDP Data is current through 1998,and comes courtesy of The World Bank Ranking Country 1998 Gross Domestic Product 1 United States $7,690,100,000,000 ($7.69 Trillion) 2 Japan $4,772,300,000,000 ($4.77 Trillion) 3 Germany $2,319,500,000,000 ($2.32 Trillion) 48 Hungary $45,000,000,000 ($45 Billion) 49 Algeria $43,800,000,000 ($43.8 Billion) 50 United Arab Emirates $42,700,000,000 ($42.7 Billion) Bill Gates $41,213,445,481 ($41.21 Billion) 51 Morocco $34,400,000,000 ($34.4 Billion) 52 Bangladesh $33,200,000,000 ($33.2 Billion) 53 Romania $32,100,000,000 ($32.1 Billion)
NOTE: The next sections discuss the conversion of Bill's wealth to $1 bills. Of course, according to the US Treasury Learning Center, since 1986, when Microsoft was founded (and through 1997), only 44,045,600,000 $1 bills have been printed. Bill's $41,213,445,481.25 comprise 93.56% of that total. If you had 41,213,445,481 one dollar bills, and laid them end to end, you would have a line of bills that runs 3,993,848.1 miles. Rand McNally says that it's 2912 miles from New York City to Seattle. Laying bills end to end, you could make that round trip 685.7 times. The average distance to the moon is 238,855 miles. You could make that round trip 8.3 times. If you spent 24 hours a day laying these bills end to end, and were able to sustain a rate of 2 bills per second, it would take you 653.43 years to complete the job.
If you took 41,213,445,481 one dollar bills, and could actually balance them in a stack, that stack would be 14,740,145.0 feet or 2,791 miles high. By comparison, it's 200 miles from New York to Baltimore. If you took that stack and lay it down on the ground, it could make that trip between New York and Baltimore 13.9 times. It's 2565 miles from New York to San Francisco. The stack of bills would cover 108.83% of the trip. The stack of 41,213,445,481 one dollar bills would weigh 84,109,072.4 pounds or 42,054.5 tons. By comparison, a Boeing 747-400 weighs 800,000 pounds, or 400 tons. The money weighs 105.13 times more.
As of September 1, 1997, the US Minimum Wage was $5.15 per hour. If you worked continuously, 24 hours a day, 7 days a week, and saved every bit of your earnings (disregarding taxes), you would need to work for 912,914.75 Years to earn Bill's money.
So with all this money, what can Bill buy? Let's look around... Item to purchase Cost Number Bill can afford Cream Pies $7.95 5,184,081,192 (5.18 Billion) Copy of Microsoft Windows 98 $89.95 458,181,717 (458.18 Million) 750ml bottle of 1995 Testarossa Vineyards Michaud Vineyard Chardonnay $38 1,084,564,354.76 (1.08 Billion) NASA's Space Shuttle $1.7 Billion 24.24 Pfizer's Viagra tablets $10 4,121,344,548 (At one per day, that'll last him 11,283,626.41 years.) The 1997 movie "Titanic" $200 Million 206 Boeing 747-400 Commercial Airplane $156 million 264.18 Michael Jordan's 1997-98 Bulls Salary (not counting endorsements and movies) $31.3 million 1,316.72 1998 Bentley Continental $343,900 119,841 (119.8 Thousand) 1997 Geo Metro $8605 4,789,476 (4.79 Million) Four Years' tuition, room & board at Harvard University (at 1999-2000 rate: $34,350/year) $137,400 299,952.29 (300 Thousand)
Let's say you wanted to spend every dime of Bill's money, and you set a time limit of 21 years to do it. Assuming you worked 24 hours a day, 365 days a year, you would have to spend it at the following rates: Per year $1,962,545,022.91 $1.96 Billion Per month $163,545,418.57 $163.55 Million Per week $37,611,058.31 $37.61 Million Per day $5,373,155.43 $5.37 Million Per hour $223,881.47 $223.9 Thousand Per minute $3,731.35 $3.7 Thousand Per second $62.18 $62 |