if bill gates is worth 50 billion dollars,how much interest does he make per minute?

Question

one for the maths geniuses out there!

Answer 1

well, much of his wealth is "on paper" -- microsoft stock, for example, whose value depends on the stock price of his company until he sells the stock (and it's been down lately)...not to mention real estate, cars, etc. whose value is variable and doesn't earn interest...

But for the sake of argument, let's say he put all 50 billion in a money market account making 5% per year (pretty standard except for the 50 billion part)...that would give him 2.5 billion per year in interest. There are 525,600 minutes per year, giving him about $4,757 per minute in interest. :)

Answer 2

Interest On 1 Billion

Answer 3

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RE:
if bill gates is worth 50 billion dollars,how much interest does he make per minute?
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Answer 4

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Answer 5

With 50 Billion Dollars you can negotiate and interest rate of around 10%. That would compute to $9,512.94 per minute.

Answer 6

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Answer 8

Even a math genius coould not figure out this problem because a variable is missing:

How much of the 50 billion is invested???

Of the part of the 50 billion that is invested what is the interest rate he has it invested at.???

Answer 9

1

Answer 10

all the 50 billion in an account? if not, there will be different interest rates? besides is the 50 billion in cash or investments?