Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Wednesday, April 16, 2008

Breakdown

Just for fun, let's see how much money $3.7 billon really is.

Well, it's $72,549,020 for a week of work, assuming you took a week off to celebrate the holidays.

Assuming you work harder than the average hedge fund manager (for fun, let's say 73 hours/week, on average), it's $993,822 AN HOUR!

And that's 33 times the amount of money I'll make in one year where I work.

Who am I? I'm John Paulson, and I made more money than you last year. I guess the real question becomes, what do you spend it on?