He's renting the yacht - at a modest $5 million per week.
Given Bill's wealth, and assuming a modest 2% annual return on his net worth, he earns $29 million per week, so that $5 million for yacht rental is about a sixth of his weekly earnings. If you're an average Joe making a thousand dollars a week, a sixth of your earnings is $167 a week, which is not really very much to spend on your summer vacation.
Yup, that's how rich Bill is. $5 million for him is like a couple hundred bucks for you.
Monday, August 11, 2014
Bill Gates vacations better than most aboard 450-foot luxury yacht near Italy - NY Daily News
Bill Gates vacations better than most aboard 450-foot luxury yacht near Italy
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