You are right. But they were not millionaires when $1M was “real money.” Inflation has a lot to do with that. The garbage house in Sunnyvale I bought for $128k in 1979 dollars is worth $2.2M today, but I assure you, it’s still a garbage house, a crash pad for a pair of 60-hour-a-week careerists. To me, real value was curing my wife’s cancer, my phone, the Moderna vaccine, high bypass turbofan engines, connections I’ve made on Twitter, Sci-Hub, zlib, etc.