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this post was submitted on 07 Dec 2024
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Is Dolly Parton a billionaire? She has numerous assistance programs. I figure she wouldn’t be.
People don't understand just how much money a billion dollars is. Once you are that rich it's really REALLY hard not to get richer. Just putting your money in basic savings accounts would just keep piling on money. Invest it even conservatively and you'll grow like crazy. Invest aggressively and you'll have another billion soon.
Billionaires simply shouldn't exist.
I'm more charitable than most, I say you get to have up to 100 million, after that you've won life. Any extra money money you make goes back into your community.
With 3 million in an account you're already making over 100k/year out of interest. With 100 million you never have to care about money even if you live in lavish luxury. 1bil is absolutely ridiculous.
Turns out she isn’t. I guess the constant donation of huge amounts of money prevented her from getting there.