this post was submitted on 25 Oct 2024
998 points (98.7% liked)

196

16384 readers
1723 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 50 points 1 day ago (1 children)

I mean its worse than that. Youd need to work at a rate of 16,600/hr, 24 hours a day for 2,000 years to get even close to Elon Musk

[โ€“] [email protected] 8 points 20 hours ago* (last edited 20 hours ago)

But if you got $5000 at 0.7% yearly interest rate for 2000 years, you'd get to Musk's wealth. You can only get that high with compound interest with investments, rather than earning money.