Oh, you’re right. Although 50% per year is still insane.
And I definitely forgot about investing, but also didn’t account for inflation, which maybe would cancel e/o out.
Doesn’t really matter if you consider the difference between a million and a billion is roughly a billion.
I tried do to just that, because i believed that it wouldn’t paint a better picture for the billionaires, and I also dont like that people have downvoted your comment without providing explanation.
Assuming Musk started working at 18yrs old, which would have been in 1989, 35 years ago. And assuming he started at 7.25 dollars an hour, and never got a raise, he would have accumulated roughly 527.800 dollars by now.
40h * 52w * 7.25 usd = 15080 usd 15080 usd * 35y = 527 800 usd
His net worth (according to meme) is a staggering 273 000 000 000 dollars. Obviously he had to have a pay rise to get there, lets calculate that rise, starting from 7.25 dollars an hour.
273000000000 ÷ 527800 = 517241.37931034
So his pay rise averaged over 35 years, would be an absurd 517240%, or 14778% per year. The yearly average pay rise is roughly 4-5%, its not even remotly close.
All of this assumes that Elon started with 0 dollars to his name, he didn’t. So in reality his hypothetical pay rise wouldve been a a bit lower. However the minimum wage wasn’t 7.25 dollars in 1989, and I haven’t accounted for inflation. Still the numbers would probably be similarly insane.
Even in a somewhat more accurate form, I think the core statement of the meme still rings true.
You sent me down a little rabbit hole, depending on how one defines sedan, the lightest I could find is the Peel P50 at roughly 60 kg. A better fit weight wise could be the Isetta at roughly 350 kg.
But neither option, including the robin feels like a proper sedan to me, and only the robin really checks the basic requirements.
Afaik the term “sedan” doesn’t really define the amount of wheels, but I don’t tend to think of a three wheeled vehicle.
So the first four wheeled sedan style car that came to mind was the Trabant, but that’s still 600kg.
Idk what the point of this text is…
Have a nice day, I guess?
In Germany, and by extension the EU, we have a website called “geizhals”, which basically translates to “penny-pincher”.
It is an insanly good tool to find the specific item you’re looking for and where to buy it for the least amount of money. Its got a pretty robust search, and some of the most comprehensive filters I’ve ever seen. When I cant find what I’m looking for using Amazons search, which is nearly always, I use their site instead.
Only real downside (for me) is when stuff isn’t listed on there. They probably collect data and stuff, but they also provide a useful service in return.
While writing this I have also noticed that they offer the same thing called “skintflint” for the UK. Maybe something similar exists for ppl. in the U.S. ?