How much is a billion?
Recently, LeBron James bought a super mansion for 23 million dollars.
A Lamborghini Venano is 4.5 million.
This private island in the Bahamas cost 20 million.
This Private Jet- a Bombardier Lear Jet is 3 million.
The most expensive horse ever sold was 9 million.
This loft mansion in New York is 43 million.
So, you could buy LeBron James’s mansion, a Lamborghini, a private island, a private jet, the most expensive horse ever, and a loft mansion in New York, and it would all cost you 102 million dollars.
With a BILLION? You could do that nearly 10 more times (You’d have to forgo the 10th Mansion, OR the 10th private island to stay in budget.)
So no. No one needs that. No one needs enough wealth to own 9 mansions, 10 Lamborghinis, 10 private jets, 10 of the most expensive horses ever to exist, and 10 loft mansions in New York.
No one needs a billion dollars.
The average 2016 grad holds $37,172 in student debt.
1 billion dollars could pay off the entire student debt for 25,000 people.
Jeff Bezos, with his $100 Billion net worth, could pay off the debt of two million four hundred seventy-five thousand people (2,475,000) and still have 1 billion dollars left for himself.
Nearly ½ of the world’s population — more than 3 billion people — live on less than $2.50 a day. More than 1.3 billion live in extreme poverty — less than $1.25 a day. 1 billion children worldwide are living in poverty. According to UNICEF, 22,000 children die each day due to poverty.
At the start of 2017, Oxfam said eight billionaires from around the globe had as much money as the 3.6 billion people who make up the poorest half of the world’s population.
8.
8 people have as much money as over 3 billion.