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Consider Michael Jordan, having "retired," with $40 million in
endorsements, he makes $178,100 a day, working or not.
If he
sleeps 7 hours a night, he makes $52,000 every night while
visions of sugarplums dance in his head. If he goes
to see a
movie, it'll cost him $7.00, but he'll make $18,550 while he's
there. If he decides to have a 5 minute egg,
he'll make $618
while boiling it. He makes $7,415/hour more than minimum wage.
He'll make $3,710 while watching
each episode of Friends. If he
wanted to save up for a new Acura NSX ($90,000) it would take him
a whole 12 hours. If
someone were to hand him his salary and
endorsement money, they would have to do it at the rate of $2.00
every second.
He'll
probably pay around $200 for a nice round of golf, but will
be reimbursed $33,390 for that round. Assuming he puts the
federal
maximum of 15% of his income into a tax deferred account
(401k), his contributions will hit the federal cap of $10,500
at
845am on January 1st. If you were given a penny for every 10
dollars he made, you'd be living comfortably at $65,000
a year.
He'll make about $19.60 while watching the 100 meter dash in the
Olympics, and about $15,600 during the
Boston Marathon. While the
common person is spending about $20 for a meal in his trendy
Chicago restaurant, he'll pull
in about $5600. This year, he'll
make more than twice as much as all U.S. past presidents for all
of their terms combined.
Amazing isn't it?
However... If Jordan saves 100% of his income for the next 500
years, he'll still have less than
Bill Gates has at this very
moment.
Game over. Nerd wins.
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