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zappaman

(20,606 posts)
Fri Jul 19, 2013, 01:04 PM Jul 2013

An easy way to wrap your head around what a billion dollars is actually worth.

YouTube channel ReckfulTV helps you visualize what a billion dollars is actually worth.

Once it’s put in this context, if you took the billion you just saw on the gentleman’s computer screen and multiply it by 11, you’ll get Rupert Murdoch’s net worth which is around $11 billion. Kinda staggering, eh?

Earlier this morning my husband came in with a relevant factoid he’d heard on NPR: “Apparently, 83% of all the wealth in Russia is controlled, not by ‘the 1%,’ but by HALF of one percent!”

Madness. What worked in the 20th century sure ain’t working in this one!

http://dangerousminds.net/comments/what_a_billion_dollars_is_actually_worth

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