Record number of billionaires in the world in 2011

what can be this adventure ...interesting view even on page

 

Guess I wasn't as clear as I assumed.
I don't mean a billion dollars isn't a lot of money.
My point is making a billion dollars isn't as hard as in the past due to inflation.

A billion is just a number, how much a dollar can buy is irrelevant when talking about how many dollars a person has. A billion of anything is a billion.

What is relevant in regards to inflation is how easy or difficult it is to reach that number of one billion.

If Billy Bob's great grandfather started a widget company and sold widgets for $10 each and sold 10 million a year, it would take him ten years to reach a goal of a billion $$$.

Now it's present day and Billy Bob owns the company. Keeping with inflation, he sells widgets for $100 each. It will only take Billy Bob 1 year to reach the goal of one billion $$$.

If all we are talking about is achieving the goal of amassing a certain number of dollars, than that goal is easier to attain than it was in the past. Add into the above scenario the fact that with the internet the world becomes apotential customer and a billion dollars can be made in a very short period of time. Where Billy Bob's Great grandfather customer base was only national due to shipping and trade difficulties, Billy Bob can supply customers around the world.

I know that is a very simplistic and basic assessment, but it is still relevant none the less.

 

I gotcha PB, nuttin' on you, just a great illustration for all the 'dear readers' of just how excessive a billion dollars can seem to us poor chickens.

ZW

 

Lol @ two indian billionares! They are overshadowing the Americans.