Years to billionairedom
- Thread starter dealmaker
- Start date
Why does inflation matter so much? Most of the people on there are multibillionaires and all made it within the last 25 years. Ok, so a few guys need to look at 2bn vs 1bn. Does that really change the conclusions?
So what makes it bunk as it’s presented?
Nice analytical reply.
Your question was silly. Inflation changes the measure of unit, simply put. It is like measuring long jump in inches then in cm-es.
No shit. But does it change the analysis when talking about when people became millionaires to billionaires within the last 30 years? If so, show me how.
Here you go honeybun, let me calculate it for you:
http://www.usinflationcalculator.com
Last 30 years difference is 111% between 1988 and 2018, so yes it is half as easy to be a billionaire today than 30 years ago.
You mean “twice as easy” honeybun.
Most of those guys are multibillionaires. So how does it change your conclusions from that chart? How long do you think it took Zuckerberg to make his second billion?