I Don’t Think Y’all Realize How Much More a Billion is Than a Million
It’s not just a “little more”
Jeff Bezos has a ton of money. Numerically, it is estimated that he is worth over $200 billion — the most money ever made by anyone in the history of people. And, he might eventually become a trillionaire, not for a while though.
American Lawyer, Bob Lord, estimates that if the growth rate of wealth over the past 30 years continues, a trillion dollar fortune will show up before the year 2040. That is insane. For now, we only have billionaires and millionaires.
Did you catch that? I said “we ONLY have billionaires AND millionaires.” The two often get lumped together. Heck — before a few years ago I saw billionaires as a little richer than millionaires. That is so far from the case. Here’s the breakdown and what it means.
The Numbers
In numerals, a million is: 1,000,000.
A billion on the other hand is: 1,000,000,000.
To someone, like myself, who is about to start paying back his college loans both of those just look like immeasurably large numbers. A million is 1,000 a thousand times. On the other hand, a billion is 1,000,000 (that is a million) a thousand times.
