@
Therealsteve Lmao
Number sense...the ability to understand relative sizes of numbers.
The national median family income in the US in 2024 was
$83,730/yr
per
https://theworlddata.com/median-family-income-in-us/When we speak of "billionaires", we are often referring to top US billionaires, but here is a current list from Forbes of the top 25 in the world:
The Real-Time Billionaires List
Rank Name ________Net Worth__Daily Δ
_1____Elon Musk____$466.6B___▼$16.1 B|-3.35%
_2____Larry Ellison__$269.0B___▼$11.3 B| -4.06%
_3____Jeff Bezos____$248.4B___▼$5.8 B| -2.30%
_4____Larry Page____$230.0B___▼$6.4 B| -2.72%
_5____Sergey Brin___$213.3B___▼$5.9 B| -2.71%
_6____Mark Zuckerberg_$209.3B_▲$0.2 B| +0.14%
_7____Bernard Arnault & family_$190.0B_▼$2.9 B|-1.55%
_8____Jensen Huang__$162.3B___▼$5.9 B| -3.54%
_9____Steve Ballmer__$152.3B___▼$1.9 B| -1.29%
10____Warren Buffett_$151.9B___▲$2.7 B| +1.82%
11____Michael Dell___$140.3B___▼$4.9 B| -3.41%
12___Amancio Ortega_$128.3B__▼$1.9 B| -1.53%
13___Rob Walton & family_$122.8B_▼$0.8 B| -0.67%
14___Jim Walton & family_$120.1B_▼$0.8 B| -0.68%
15___Alice Walton____$111.4B___▼$0.8 B| -0.72%
16___Mukesh Ambani_$111.0B___▼$0 B| -0.03%
17___Michael Bloomberg_$109.4B_$0
18___Carlos Slim Helu & family_$107.1B_▼$0.6 B| -0.60%
19___Bill Gates______$103.5B___▼$0.1 B| -0.17%
20___Francoise Bettencourt Meyers & family_$87.0B_▲$0.4 B| +0.55%
21___Julia Koch & family_$81.2B__$0
22___Changpeng Zhao_$79.4B___▲$0 B| +0.00%
23___Zhong Shanshan__79.1B___▼$1.3 B| -1.68%
24___Thomas Peterffy__$78.4B___▼$6.1 B| -7.30%
25___Charles Koch & family_$73.8B_$0
The LOWEST person/family on that list has
73.8 G$
if you use the SI prefixes.
If all of that were in CDs getting 5% APR, compounded daily, over 30 days, there'd be MONTHLY interest of
73.8 G$ * { [1+ (.05/365)]^30 - 1}
= 73.8 G$ * { [1.000136986...]^30 ‐ 1}
= 73.8 G$ * { 1.00411776 ‐ 1}
= 73.8 G$ * { 4.11776E(-3) }
= 0.303891 G$
or
304 M$ for the 3 significant figures given
If you consider tithing by the median family, that would be
($83,730/yr * (1 yr/12 mo) * 0.1 tithe)
= $697.75/mo or let's say 0.698 k$ per median family
So that would take
304 M$/(0.698 k$/family)
= 304,000 k$/(0.698 k$/family)
= 435,530 median income families
or about 436 k-families of median income.
The pooling of the tithes from all of those families is nowhere near the interest tge 25th richest guy can make at a crappy rate of interest.
That's awareness of number sense.
