• chaogomu@lemmy.world
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    20 days ago

    Smaug might have some wealth, but Scrooge McDuck cheats.

    The comics have a panel where he talks about being able to spend $1billion a minute for 600 years.

    Gomez Addams also ranks up there. He keeps lucking into wealth. He’s the worst investor ever, and yet it keeps paying off for him. But I can’t remember what his official net worth is.

    • tedd_deireadh@lemmy.world
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      20 days ago

      If I did the math right, that means Scrooge has a net worth of 300 quadrillion dollars. Now that’s a lot of hooch.

      • Pringles@sopuli.xyz
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        20 days ago

        A lot of hooch, but not 300 quadrillion. Effectively the income generated needs to match 1B per minute, so that would be 6,57 quadrillion at an 8% annual return, 8,76 quadrillion at a 6% return and 13,14 at a 4% return. That would allow spending 1B per minute while maintaining your wealth.

  • Manjushri@piefed.social
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    20 days ago

    Reminds me of the dragon Lofwyr from the Shadowrun game/books. He is the owner of Saeder-Krupp Heavy Industries and the wealthiest individual on the planet. Gold is just not the most efficient way to hoard wealth.