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Warren "all you can eat" Buffet (midwest.social)

submitted 10 months ago* (last edited 10 months ago) by [email protected] to c/[email protected]

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[–] [email protected] 54 points 10 months ago (3 children)

Average net worth for 35-44 year olds $135 thousand his net worth $119.2 billion. $5 equivalent for him is ~$4,414,814.81

[–] [email protected] 52 points 10 months ago* (last edited 10 months ago) (3 children)

If you skinned and sold squirrels at a rate of 7.56 squirrels per second, you'd reach his wealth in just 100 years! All it takes is a little hard work!

They'd also go extinct after 1 year. Maybe switch to rats.

[–] [email protected] 1 points 10 months ago

Even if you don't end up rich, eradicating squirrels is a pretty good consolation prize.

[–] Anticorp 1 points 9 months ago

Rats don't have bushy tails, so you'd lose most of the value.

[–] [email protected] 19 points 10 months ago

He can buy a super car with less impact on his net worth than you standing there wondering what to get out of the vending machine

[–] Anticorp 1 points 9 months ago (1 children)

Where did you find that average net worth for 35-44 year olds? That seems much higher than I expected. What's the median?

[–] [email protected] 1 points 9 months ago (1 children)

https://www.nerdwallet.com/article/finance/average-net-worth-by-age

[–] Anticorp 1 points 9 months ago (1 children)

Oh, you actually shared the median. The average is $1.06 million. I guess I know some broke-ass people, and am one myself. Almost everyone I know is well below those numbers.

[–] Holyginz 1 points 9 months ago

Outliers are undoubtedly massively skewing the average.