Do you think that it is possible for someone to ever acquire a personal fortune of a trillion dollars?
2007-01-22 13:39:50 · 7 answers · asked by whiterose1947 2 in Business & Finance ➔ Personal Finance
I doubt that anyone will ever have a trillion dollars. I would say that I was unbelievably rich if I had 1 billion. I would be very happy with 25 million.
2007-01-22 14:40:03 · answer #1 · answered by Nelson_DeVon 7 · 0⤊ 0⤋
Well given inflation...yes...someday.
The Carnegie's and Rockefeller's would have been worth as much a the Gates' of today but did not have as much money...inflation adjustment. So given that Gates is worth several billion I could forsee an individual someday being worth a trillion....though a trillion won;t be worth what a trillion is today...
Starting with $100,000,000,000 and depositing $0 annually over 57 years and 7 months (at a rate of return 4% compounded monthly), you will save $1,000,245,681,312.
a trillion 57.5 years from now yould bascially be like 100 billion today
2007-01-22 21:50:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No really!
Money is just an illusion to keep us humans sane. The more we have the more we want. Some of us are just too greedy for our own good. A trillion dollars.... nah!
2007-01-22 21:46:16 · answer #3 · answered by Kitty Lucy 4 · 0⤊ 0⤋
I measure richness in things other than money. I am healthy, my kids are healthy and do well in school, and spiritually I'm fulfilled
2007-01-22 21:48:54 · answer #4 · answered by gettin it 3 · 0⤊ 0⤋
bill gates makes $7 million dollars a day, so um........ yeah, he will probably reach 1 trillion...........
(i wish i had invented microsoft)
2007-01-22 21:44:31 · answer #5 · answered by rokndrumm3r 3 · 1⤊ 1⤋
you are rich when you realise that money dont make you rich.
2007-01-22 21:44:34 · answer #6 · answered by Anonymous · 1⤊ 0⤋
No.
2007-01-22 21:43:04 · answer #7 · answered by waxingtheturtle2 4 · 0⤊ 0⤋