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Author Topic: one billion dollars - $1,000,000,000  (Read 2867 times)

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Kat

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one billion dollars - $1,000,000,000
« on: September 25, 2008, 01:55:58 PM »

In light of what is going on in the news I thought this would be interesting.


Visualizing a billion dollars

one billion is one thousand million (i.e., it has 9 zeros and equals 1,000,000,000)

A billion dollars is a lot of cash. Well, that depends on who you speak to. William Gates made a cool 50 billon last year. That translates to $416,666,666 a month. Bill Gates is the visionary sultan of Microsoft. According to Forbes there are 793 billionaires across the globe in 2005.

A billion is a difficult number to visualize, letís put a billion into perspective:

A billion minutes ago, Jesus was alive.

How long would it take to count to one billion?
If you count one number a second without stopping until you reach a billion. That task would take you 31 years, 259 days, 1 hours, 46 minutes, and 40 seconds.

Nine-Hundred Million dollars (close to a billion)... The mound of cash would be 20 feet tall, 50 feet long, and 31ľ feet wide.  It is about half as long as a conventional tennis court.

The single stack of dollar bills would climb to 300,000 feet or 56.8 miles. 

Now most people will never see $1 billion themselves. If you live in the United States, there is a 1 in 800,000 chance that youíre a billionaire, which are about the same odds as winning half a million dollars playing Powerball. So ingenuity, hard work, and inheritance will net you a better rate of return than the lottery, but for those of us without such gifts, one billion dollars is only attainable when working in groups.

If you have a PH.D. then you already have a leg up on everyone else. Just gather together 278 of your doctorate friends and add up all the money all of you make during the 40 or so years of your career and presto!, One billion dollars.

Of course if you donít have a PH.D and consider yourself just an Ďaverageí guy, you will have to work a little harder, a little longer, or instead, just round up an additional 312 (278+312=590) of your Ďaverageí guy friends.

Of course if you are in the unfortunate position of living below the poverty line, it will take an entire regiment (2,402) of your unfortunate brethren to come up with one billion dollars in a lifetime.

To bring it down to the annual level, you are going to need a lot of friends (25,856). This is assuming you and your friends represent the mean American, thatís mathematical mean. Iíd imagine an unearthly level of charm is required to achieve this number of friends.

To put it another way, the taxes paid by everyone living in New York City is almost half, you would have to tax everyone in L.A., Chicago, Houston, Philadelphia, and Detroit to come up with the rest (103,424). Again, this is assuming everyone in New York is an Ďaverageí American, which is certainly not the case considering 40 of the aforementioned billionaires live there. But you get the idea.

Before we get too far along on a socioeconomic tangent, lets switch gears. If you happen to be so lucky as to win the Powerball lottery jackpot, odds being 1 in 146 million, then you are well on your way to being a billionaire. Now all you have to do is win the jackpot every time for the whole year, that's what you would earn after taxes. Impossible? Surely not, why the odds are only 1 in 8 septendecillion. Thatís 55 digits. If you are a string theorist, you might find those odds attractive.

The yearly profit of General Mills = one billion dollars.  If you bought up all the stock you would enjoy the benefits of General Millís one billion dollars in profits. Thatís a lot of Boo Berry.

« Last Edit: September 25, 2008, 02:18:56 PM by Kat »
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Jam 4:14 " whereas ye know not what shall be on the morrow. What is your life? For ye are a vapor, that appeareth for a little time, and then vanisheth away."

musicman

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Re: one billion dollars - $1,000,000,000
« Reply #1 on: September 25, 2008, 02:28:12 PM »

I didn't know that there were so many billionaires in the world.  To much wealth for one person, regardless of whether they made it honestly (which would be a few of them).
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OBrenda

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Re: one billion dollars - $1,000,000,000
« Reply #2 on: September 25, 2008, 02:43:33 PM »

Profits, that means after paying for all the expense costs & labor.
There's a Billion going into someones pockets a year.
What is it like to have more money than you can spend? 
 ???
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Kat

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Re: one billion dollars - $1,000,000,000
« Reply #3 on: September 25, 2008, 06:16:02 PM »


I find that this amount of money is more than I can comprehend.  All of those visualizations of a billion dollars made it seem even more incomprehensible.  To hear those in the new throwing multi billions of dollar figures around is really scary.  I think these people have lost touch with reality. 
Well I know God is in control and that things must go forward according to His plan.  I guess it's better to take one day at a time and not try to look too far ahead, because that would be too scary  :-\

mercy, peace and love
Kat


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Jam 4:14 " whereas ye know not what shall be on the morrow. What is your life? For ye are a vapor, that appeareth for a little time, and then vanisheth away."

Dave in Tenn

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Re: one billion dollars - $1,000,000,000
« Reply #4 on: September 25, 2008, 06:36:13 PM »

"The single stack of dollar bills would climb to 300,000 feet or 56.8 miles."

Maybe that's what the prosperity preachers mean by keeping your eye on things above.
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Heb 10:32  But you must continue to remember those earlier days, how after you were enlightened you endured a hard and painful struggle.

Samarnon

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Re: one billion dollars - $1,000,000,000
« Reply #5 on: September 25, 2008, 10:24:35 PM »

"The single stack of dollar bills would climb to 300,000 feet or 56.8 miles."

Maybe that's what the prosperity preachers mean by keeping your eye on things above.

Ha ha that's so true Dave!  How 'bout us peso earners? ??? Sigh ???

Joy
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Douglas Wayne Thomas

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Re: one billion dollars - $1,000,000,000
« Reply #6 on: September 26, 2008, 08:41:12 AM »

If you have a PH.D. then you already have a leg up on everyone else. Just gather together 278 of your doctorate friends and add up all the money all of you make during the 40 or so years of your career and presto!, One billion dollars.

The funny thing about PhDs is the huge discrepancy in incomes. To make money from a PhD you have to do 1 or 2 of 3 different things.

1.) Write, be an author, sell your books or textbooks.

2.) Do reseach work that earns you patents and royalties.

3.) Have a successful practice ie. Doctor, Dentist, Lawyer etc...

Otherwise a PhD is only another thing to hang on your wall and collect dust.
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gmik

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Re: one billion dollars - $1,000,000,000
« Reply #7 on: September 28, 2008, 09:32:24 PM »

Very interesting.

Now try visualizing Billions of Galaxies....... ;)
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Kat

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Re: one billion dollars - $1,000,000,000
« Reply #8 on: September 28, 2008, 10:38:56 PM »


Hi Gena,

Wow you just gave me a really good way to reflect on this.  That's putting it into perspective  8)

mercy, peace and love
Kat

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Jam 4:14 " whereas ye know not what shall be on the morrow. What is your life? For ye are a vapor, that appeareth for a little time, and then vanisheth away."

martincisneros

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Re: one billion dollars - $1,000,000,000
« Reply #9 on: January 03, 2009, 12:55:18 AM »

I didn't know that there were so many billionaires in the world.  To much wealth for one person, regardless of whether they made it honestly (which would be a few of them).
There ya go again listening to the deceitfulness of riches that says that if you get it, you've gotta keep it. :D
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jack84

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Re: one billion dollars - $1,000,000,000
« Reply #10 on: January 03, 2009, 11:05:47 AM »

Hi everyone;

 To me the only Four things of value with money they are; the words IN GOD WE TRUST, stamped on it  with out that there is no hope to me .

 It is a means of drawing us closer to God when we think we don't have enough .

 A means of helping others .

 And it is also a  means to pay for the things  we need  and some things we think we may want .

 Is there any other good use for a $1,000,000,000.00 dollars?

 Though I would like to have it I know it would reuin me.

               In God We Trust!

 Jack84     



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Ninny

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Re: one billion dollars - $1,000,000,000
« Reply #11 on: January 03, 2009, 10:50:48 PM »

I'd like to have a tiny smidgen of the one billion dollars! I know some people who could benefit from a few well placed bucks! there are people who don't even have two nickles to rub together, I'd like to help some of them with the billion bucks! Some of them are happy just the way they are but there are some children in this country who could use a new pair of shoes for school.  :(

Send me the billion!! ;D ;D :o OR just maybe 50 thousand!! ;)
Kathy ;)
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