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Normally my content is about marketing and advertising to help you promote your business.
But today I'm going off the beaten path a bit because I want to cover an interesting topic that I've been wanting to do for a while
And that is, "How big is a billion?" More specifically ...
How big is a billion dollars?
We see the number "billion" in the news all the time.
For me (and I think a lot of people), it's hard to wrap our heads around how big these numbers actually are.
So let me offer the following mathematical example to try and put a billion dollars into perspective.
$10,000 A Day
Let's say I gave you $10,000 cash — that's one hundred $100 dollar bills.
Even with inflation, for the average person, $10,000 cash is still a pretty good day at the office.
Now, let's say I gave you a $10,000 wad of cash every single day.
So Monday you have $10,000. Tuesday you have $20,000. And by the end of the week you have $70,000.
My question to you is this ...
If we continue at this rate of me giving you $10,000 a day every single day, how many days would it take to reach a million dollars?
Answer: 100 days.
So, in just a little over three months, you're a millionaire. Congratulations!
How long to get to a $1 billion?
Let's keep our experiment going.
If I'm still giving you $10,000 a day every single day, how long would it take for you to accumulate a billion dollars?
Answer: Approximately 274 years!
That's nearly three centuries, which is INSANE!
What could you do with $1 billion?
Let's say you now have a billion dollars in your possession. What could you do with that amount of money?
Conclusion
Anyway, that's how big $1 billion is.
So the next time you see a corporation reporting a $20 billion profit or the government wanting to invest $50 billion into some project, instead of looking at those figures like Monopoly money, hopefully you now have a better feel for how big those numbers actually are.
Thank you for the information very well done. I wish I had the billion dollars to start the investing, and living off the interest.
I agree. That would be nice!