Quote (Plaguefear @ Oct 4 2019 10:39pm)
5% of 200,000,000 is 10 million, that times 48= 480 million.
When you consider that the base number that interest is applied to goes up every year its easily a billion dollars.
His employees are not relevant to the discussion.
Well yea it is. An investment banker makes more money than a hotel owner. And If you employ people, its more generous than taking 100% for profits.
Your math still adds up to about 800mil.
Quote (Plaguefear @ Oct 4 2019 10:46pm)
I made my money through investing well, where i took my salary from is not relevant.
I retired last week, full time dad now.
I also do not say the rich and corporations are to blame for all the problems in the world, they are however to blame for many problems that are easy to fix that affect many lives detrimentally.
Living the dream, grats.