People always talk about a billion and how much it is. Yes, it is a [sh..] load. But so is 100 million.

Let's analyze

To earn a 100 million

Let's say you earn a cool $120,000 a year, which by the way, is roughly $50.000 more than the average American household takes home¹. Anyway, for you to earn $100,000,000 and get ready, you would have to work for some 833 years, give or take a few months. Nope, you're not going to make it!

Spending it all

Maybe you are loose with your change (100 dollar bills) and waste four grand ($4,000) daily. At that rate, you will spend $1,461,000 a year. That's about 12 times what you earn a year, assuming the 120 grand income. So, a lot, and going at that insane rate, it still would take you some 68 years to rid yourself of all that money. Assuming you will never make another penny more, but of course, you will.

Earning Interest

Say you put $75,000,000 million into a basic savings account; the rest, well, you splurge on something. The cool $75 million will generate enough interest to cover your $1,461,000 million a year spending habit. What, you say? Yep, assuming you can find a bank that will give you 2 percent interest a year. Fineprint: and assuming you will not pay your income tax.

It's a lot of money, but...

$100,000,000 is a lot of money, but in today's crazy world, you easily could spend the entire sum on a single purchase. For example:

• The super yacht "Illusion-Plus" for $89,000,000 + tax and delivery.
• I was told a Boing 757 can be had for $100 million.
• CNBC once listed a few homes you could buy for over $100 million.
• And I'm sure you could come up with a few more.

In conclusion

Although 100 million is a lot less than the fabled 1 billion, it is still a sh..t load of money, and should you ever get to have 100 million, please remember me by handing me a little of it. Thanks.

Please note:

The math here is fussy and, at best, a reasonable estimate.

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1. Median household income was $68,703 in 2019, an increase of 6.8 percent from the 2018 median of $64,324. Income statistics: US Census Bureau↩