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solodeveloping.bsky.social @solodeveloping.bsky.social

If you were working 100 hours a week at 100$ per hour, it would take you 1916 YEARS to be a billionaire

aug 31, 2025, 1:00 pm • 2 0

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Ponyhome @ponyhome.bsky.social

Assuming you never had to spend any of that money to live on.

aug 31, 2025, 1:29 pm • 1 0 • view
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solodeveloping.bsky.social @solodeveloping.bsky.social

Yes, assuming you are not paying taxes and don't have to spend it 😂 And obviously, if you are at 500M, maybe you have better ways to get richer.

aug 31, 2025, 3:53 pm • 2 0 • view
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Monika FBPE @monika-uk.bsky.social

If you are at $10 million savings, prudent investment should give you $500k a year, and only a really stupid person couldn't manage on such income.

sep 1, 2025, 11:14 am • 0 0 • view
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solodeveloping.bsky.social @solodeveloping.bsky.social

$10 millions is unreachable in a lifetime though

sep 1, 2025, 11:48 am • 1 0 • view
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Monika FBPE @monika-uk.bsky.social

Fortunes above $10 million should be heavily taxed for that very reason, because reaching this level through work (which is taxed) is rarely possible, if ever.

sep 1, 2025, 12:49 pm • 2 0 • view
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solodeveloping.bsky.social @solodeveloping.bsky.social

Obviously it's not possible by normal (working) means. It's just not possible. 100$/h 100h/week would be 20 years, without taxes or cost of life. And not everybody makes 100$/h or do 100h/week.

sep 1, 2025, 3:11 pm • 1 0 • view
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Ponyhome @ponyhome.bsky.social

Money like that is never made through wages (unless you're a football player or Taylor Swift, and they don't get paid by the hour). When I sold my first house, I made about 10 years income in one lump. The property tax valuation on this place has gone up over $1 million since I bought it.

sep 1, 2025, 3:33 pm • 2 0 • view