this post was submitted on 25 Oct 2024
996 points (98.6% liked)

196

16402 readers
2407 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] 51 points 5 days 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] 9 points 5 days ago* (last edited 5 days 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.