Thread: Ok im a little confused, $600,000/Month for Rent?

The info is sketchy but the site I found for his figures in 2011 is that he recieves $7000 per second, my figures were only at $250 a second...

OVERKILL

Originally Posted by G-FLo

when u got it , you got it
simple as that

True DAT!

He is able to do it. I just want to be in league w/ BG in terms of wanting any residence &/or thing w/o worry of costs. This thread inspires me.

Originally Posted by 86JR

He is said to earn around $250 every SECOND. So if you do the math, $600k per month is childs play.

$600kx12 = $7,200,000 = $7.2mill per year.

$250 x60 = $15k per min, x60 = $900k per hour, x 24 = $54mill per day, x365 = just under $20bill per year, /12 = 1.6bill per month.

These figures are really hard to imagine (probably even for BC :P) but he makes more in an hour than that house costs to rent in a month.

Another way of looking at it..
If his wealth is 50 billion (i dont know the exact number)
and if he earns just 1% a year off that whole 50 billion
he's bringing in 500 million a year
or 41.66 million a month

Originally Posted by 86JR

He is said to earn around $250 every SECOND. So if you do the math, $600k per month is childs play.

$600kx12 = $7,200,000 = $7.2mill per year.

$250 x60 = $15k per min, x60 = $900k per hour, x 24 = $54mill per day, x365 = just under $20bill per year, /12 = 1.6bill per month.

These figures are really hard to imagine (probably even for BC :P) but he makes more in an hour than that house costs to rent in a month.

$900k per hour, x 24 = $54mill per day

Good thing you arent his tax guy!!!!!

I feel this is semi fair for what he is getting. I have a mate down in South Hampton that brings in $500,000 a month for his house. So with all the extras seems fair.

Originally Posted by saintv90

Thats a big house...with a big horse stable. I'd assume there are 3-6 people employeed to manage the property...and I'd assume that comes with the 600,000k a month. Still expensive...but less expensive than having to pay those people's salaries...maintain the grounds...and pay the mortgage. Just a guess...

Don't think Gates carrys a mortgage.

If it's just a 6-month stay, couldn't he buy it outright and then flip it for a similar amount paid, or even more since it will then be tied to his name?

Originally Posted by ptphotography

If it's just a 6-month stay, couldn't he buy it outright and then flip it for a similar amount paid, or even more since it will then be tied to his name?

This economy is like sludge to move a multi million dollar estate. Pay more now for his use and never worry about it again. Sounds smart