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TopicJeff Bezos (Amazon) is now worth 0ver $150billion Bucks...
_AdjI_
07/17/18 12:41:16 PM
#13:


Zeus posted...
Keep in mind that 90% of hereditary wealth is gone by the third generation and you're adding 3 generations on top of that.


While true, that's typically not starting from numbers as large as $150 billion. He's got four kids; if we assume that each of those kids has four kids of their own, the third generation's going to be 16 kids, for a total of 20 descendants up to that point. Evenly divided for the sake of easy math, that means $7.5 billion each, or enough money that they could each spend $225,000 every single day of a 90-year life and still have $100 million left over. And that's without accounting for any sort of investment return or interest, or the fact that his kids have already lived part of their lives without spending $225,000 every single day.

Six generations might be an exaggeration, especially if we keep assuming 4 kids each (that'd be a total of 1,324 descendants), but I very, very highly doubt 90% of his fortune will be gone by the third generation. That's just more money than anyone could spend that quickly without deliberately trying to waste it.

Zeus posted...
Given that it's not enough to colonize Mars, I need more than that. Otherwise how am I going to set up a rival planet?


You don't need to colonize Mars, so...
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