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| IT IS ABOUT SERIAL CHILD RAPISTS? |
MANY OF US DO NOT KNOW WHAT IT MEANS FOR A TINY FEW TO OWN BILLIONS OF DOLLARS.
A billion dollars ($1,000,000,000) is an amount of money that is almost impossible to comprehend through the lens of a typical family income.
Based on 2024–2025 data, the median U.S. household income is roughly $83,730 per year.
Here is the comparison between a billion dollars and that income:
1. Time to Earn a Billion
If a typical U.S. family saved their entire, pre-tax median income of $83,730 every single year, it would take them approximately 11,943 years to accumulate $1 billion.
2. Time to Spend a Billion
If you were to spend $100,000 every single day, it would take over 27 years to spend $1 billion.
3. $1 Billion vs. Lifetime Earnings
- Typical Lifetime Earnings: A typical American worker earns roughly $2 million to $3 million over their entire working lifetime.
- The Difference: $1 billion is roughly 300 to 500 times more than the total lifetime earnings of a typical American worker.
4. The "Second-by-Second" Comparison
To put the wealth of the ultra-rich in perspective:
- Between 2020 and 2022, top American billionaires increased their wealth by over $1 billion per day.
- That equals roughly $12,600 per second in wealth gains.
- In a single minute, a top billionaire can make more money ($75,600+) than the median American household earns in an entire year.
Key Context
- Median vs. Average: The median household income ($83,730) represents the middle of the distribution, while the average is higher ($121,000) due to extreme wealth at the top, such as billionaires, which distort the average.
- Purchasing Power Difference: For the typical billionaire, spending $135,500 feels like $1 does to the average person.