Jeff Bezos is the new wealthiest person on the planet. Somewhere around 112 billion. (We were both born in Albuquerque, NM in January... does that mean anything for me?)
So, my family and I were trying to figure this out. If Mr. Bezos spent 1 million dollars a day (something that would be incredibly hard) for the rest of his life - and never made another penny (also basically impossible) he would still have about 100 billion dollars at his death. 1 billion is 1,000 million. He would have 100, 1,000 million.
His worth is now equal to 2.3 million average Americans.
He is the first centi-billionaire. More are coming.
There are 2,208 billionaires in the world worth 9.1 trillion dollars.
Bezos and the others are doing some amazing things... don't get me wrong... but at some point, when people keep talking about free market, capitalism, earning what you are worth, you arrive here.
The 3 richest people in America own as much as the bottom 1/2.
The 8 richest people in the world own as much as the bottom 1/2 of the world.
The problem with more is that there is never enough.