Over the past few years, Microsoft Founder bill gates net worth has fluctuated between 20 billion and 130 billion. In early 2006, it was about 26 billion after he reduced his stake in Microsoft from 21 percent to 14 percent by moving billion into charitable foundation.
If Manhattan's "natives" want a 6% return, 384 years after the island was originally sold for 24, then they would want:
FV PV * (1 i)n
24 * ()384
24 * (5,217,377,509)
Bill can't afford to take Manhattan! Poor Bill! L
What if he instead decided to buy Seattle, Washington for 50B in 10 years? At a 10% interest rate, he would have to invest:
a more affordable...
Excerpt from file: Overthepastfewyears,MicrosoftFounderbillgatesnetworthhasfluctuatedbetween20billion and130billion.Inearly2006,itwasabout26billionafterhereducedhisstakeinMicrosoft from21percentto14percentbymovingbillionintocharitablefoundation. ANSWER
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