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Re:Norway's sovereign wealth fund to vote against Apple mana... by MereInterest on Sunday February 27, 2022 @02:55PM (#30491889)
Having $2 billion in assets, invested at the historic average of 7% after inflation, yields $14 million every year. The median household income is about $68k per year. Therefore, the passive income just from having $2 billion of assets comes out to about the full income of 2000 households.

That's the only way I've come up with to visualize massive wealth, as it is so far beyond anything I have experience with. That the closest visualization is the size of a town that could be entirely devoted in perpetuity to the whims of the person with that wealth.

Re:Norway's sovereign wealth fund to vote against Apple mana... by jedberg on Sunday February 27, 2022 @03:00PM (#30491928)
Your math is off by an order of magnitude. 7% of 2 billion is $140M.
Re:Norway's sovereign wealth fund to vote against Apple mana... by MereInterest on Sunday February 27, 2022 @06:38PM (#30494052)
Shoot, you're right. I miscounted the number of zeroes in the first step when copying from a python shell. All later numbers were computed from the initial values, which is why the order of magnitude was correct for the later values.
Re:Norway's sovereign wealth fund to vote against Apple mana... by Jabbles on Sunday February 27, 2022 @04:14PM (#30492582)
Your math is also off by an order of magnitude. It is $140M, but that makes it 2,000 households @$68k each.
Re:Norway's sovereign wealth fund to vote against Apple mana... by jedberg on Sunday February 27, 2022 @04:18PM (#30492614)
You're right. I'll be honest, I just assumed OP did the math after $14M correctly and added a 0. I didn't even think about how off it sounds.

Fixed my comment, thanks for pointing that out.

Re:Norway's sovereign wealth fund to vote against Apple mana... by k4tz on Sunday February 27, 2022 @02:58PM (#30491909)
140 million
Re:Norway's sovereign wealth fund to vote against Apple mana... by pg_bot on Sunday February 27, 2022 @03:00PM (#30491929)
It yields 140 million