If you receive a million dollars and spend $100 a day, It would take around 27 years before your run out of cash.

Now if you receive a billion dollars, how many years do you think it would last?

27,378.5 years

or in reality 87.63 minutes

If i had even the half of it...
I wouldn't have been here, scratching my head..

Your figers dont allow for depreciation or inflation.

But if you happen to live in the star treck universe, you will need to be an elf to out last that amount.

leona

What about Ferengais?

1 Billion, or 1000 Million



Based on some rough calculations the result I got

54 years as Hidden Billionaire then
1 year 7 months as Millionaire w/ fake Billionaire lifestyle

Rough Calculations
First the Tax - say 37% that leaves 670 million

Second, the minimum lifestyle of a billionaire.

(unless you go into business or politics where the risks of bankruptcy, etc. are real)

Take for example the very first expense --> a house; not any house, but what, a Penthouse like Trump's?



So we settle for a modest but well furnished house on a scale of 10 million or so )because what's the point if we cannot entertain Mingle members on weekends). This also requires staff, maintenance, insurance, CCTV level of hi-security, etc., which are all recurring costs

say 2 million annually.

Then, towards in-house entertainment
(one has to give, to receive from society)
2 million minimum, annually

Plus expensive gifts jewelry including proverbial mink coats, lawsuit settlements from women : (@ 2 girlfriends / year)
2 million annually
--xx

So with a 10 million house, there comes a 6 million recurring costs - annually.

--xx

So far okay, but if one's a millionaire, lifestyle demands an additional get-away house.

In other words, twice of all of the above.

Initial cash: 670 million

Less:
Asset: 20 million
Annual recurring costs: 12 million

Technically, the money would last for 54 years (using spreadsheet)

(Interesting that 54 is twice the 27 years ball parked)

---xx

This does not include overseas travel, political donations, annual cruise party, staff loyalty / retirement benefits, medical (due to opulence), inflation



Assume one sells the get-away house for 10 million
Same billionaire lifestyle, (one cannot get out of that habit) 6 mil recurring then it lasts for 1 year 8 months.

Conclusion: Living at the high end, 1 million dollars lasts 1 year 8 months.

Reality check: There's what's called the Billionaire's sickness. Lot of stories of movie stars who went bankrupt within 2 years when their income stopped.

Unless you are a Mike Tyson, who ran into 60 million in debt --> filed bankruptcy --> continued to live in a mansion --> amount was reduced to 2 million --> finally paid it off in installments and now 'grows and sells his own cannabis brand as well as marijuana-based health products'