For Microsoft CorpFor co-founder Bill Gates, spending $1.08 million is equivalent to $1 spent by the average American. His net worth is currently about $131 billion. In fact, Gates can spend $1 million a day for the next 350 years without running out of money.
Of course, Gates is not the only one. According to the Forbes Billionaires list, the founder of Microsoft Corp is only the fourth richest person in the United States, followed by Amazon.Com Inc.Founder Jeff Bezos, Tesla, Inc.And Elon Musk, founder of SpaceX, and Facebook IncFounder Mark Zuckerberg.
The Fed points out that the average net worth of American households is $121700. With a net worth of nearly $200 billion, Bezos can spend $1.7 million as freely as the average American spends $1, according to Forbes. For Musk, every $1.3 million he spends is equivalent to $1 spent by the average person.
As a result, Musk's cost of launching Falcon 9, the most frequent and reusable rocket launched by the SpaceX, is only the equivalent of $47.69 spent by the average American.