# Question: What Can Billion Dollars Buy?

## How much would you have to spend a day to spend a billion dollars?

Question: This means that to spend one billion dollars in a year, you’d need to spend how much per day.

Answer: Spending one billion dollars in a year would require spending about \$2,739,726.03 per day..

## What would you do if you had 100 billion dollars?

\$100 billion dollars is enough money to put roughly 757,000 students through American colleges for 4 years. You could triple America’s proposed foreign assistance budget for 2019, offering three times the amount of food, medicine, and security to a wider range of recipients in over 100 countries.

## Who is a trillionaire?

A trillionaire is someone whose wealth is greater than one trillion dollars (or other currency).

## What is Bill Gates favorite color?

Despite his tendency to use the color black, Bill Gates does not have a favorite color. A little known fact is that Gates is actually color-blind. In a 2016 interview, XBLA creator Greg Canessa explained that Bill came up with the colorless mode on Zuma because he is color-blind.

## How long would it take for Jeff Bezos to spend all his money?

If Jeff Bezos spent 1 million dollars every day, it would take him 410 years to blow his fortune.

## How much does Bill Gates spend in a day?

\$4 billion in a single year. That averages out to approximately \$10,959,000 a day, which is also about \$456,625 per hour, \$7,610 per minute, and \$127 per second.

## Can you spend 1 billion dollars in a lifetime?

Suppose you had one billion dollars. You could spend \$5,000 a day for more than 500 years before you would run out of money. … Breaking it down even farther, it means you would have to spend over \$100,000 every day for the next 25 years in order to spend one billion dollars. Now let’s think about Carlos Slim’s money.

## How long will a billion dollars last?

Imagine someone gave you a million dollars and told you to spend \$1,000 every day and come back when you ran out of money. You would return, with no money left, in three years. If someone then gave you a billion dollars and you spent \$1,000 each day, you would be spending for about 2,740 years before you went broke.

## Can you put a billion dollars in the bank?

Short answer is Yes, you can have 1 billion dollars in your personal savings account.

## How can I make a billion dollars in a year?

So here’s how to make the world’s easiest \$1 billion:STEP 1: Form a bank.STEP 2: Round up a bunch of unemployed friends to be “bankers.”STEP 3: Raise \$1 billion of equity. ( … STEP 4: Borrow \$9 billion from the Fed at an annual cost of 0.25%.STEP 5: Buy \$10 billion of 30-year Treasuries paying 4.45%More items…•

## Who is No 1 richest person in the world?

Jeff BezosNo. 1 Jeff Bezos Amazon founder Jeff Bezos is the world’s wealthiest person for the third year in a row, worth \$113 billion.

## Can a million dollars last a lifetime?

While it may be enough for some retirees, \$1 million may not last long enough in some states, according to a study by GoBankingRates. The website found that \$1 million will last a retiree anywhere between 11 and 26 years, depending on each state’s typical cost of living.

## How can I make money with a billion dollars?

10 Ways to Make Your First Billion DollarsStart an Online Business. … Make Smart Investments. … Diversify Your Financial Interests. … Invent a Solution. … Be an Innovator. … Pursue Your Passion. … Take Action. … Collaborate.More items…•

## How do billionaires pay for things?

Typically through credit for personal items and use the passive income from their investments to pay off the debt. If it is a business expense or acquisition, they may sell off some of their shares if their wealth is from shares of a publically traded company.

## Can you live off 200 million dollars?

One can live a very comfortable lifestyle in literally any country of the world. Even with the most conservative investment management, \$200 million will yield at least \$5 – 10 million per year. Take good chunk away in taxes and you’re still left with plenty enough for quite an opulent lifestyle.