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767
768

Bill Gates saving up for Lamborghini (imgur.com)

submitted ago by oracle_is_dead

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[–]kickassdonkey 493 points494 points ago

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"But on second thought, I think this money might be better spent saving lives in the third world"

[–]watchthenlearn 185 points186 points ago

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This guy is a fucking legend, and more people need to learn from his actions because he has literally saved millions of lives.

[–]Jymotion 40 points41 points ago

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it's not that people are uneducated of his actions, it's that most prioritize having wealth over giving it away

[–]watchthenlearn 40 points41 points ago

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I agree. Otherwise I would have said:

learn of his actions

[–]Jymotion 17 points18 points ago

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ah, I see what you're saying

[–]watchthenlearn 22 points23 points ago

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It's cool. You're cool.

[–][deleted] 9 points10 points ago

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This was lovely to read.

[–]RandomFrenchGuy 3 points4 points ago

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You have given me much to think about. I have therefore decided to upvote more.

[–]ROFLMAOz 16 points17 points ago

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Woah..... it's like a reverse Holocaust. That's pretty insane.

load more comments (3 replies)

    [–]Hobo-With-A-Shotgun 12 points13 points ago

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    Given Away $28 Billion

    Man... I can't even imagine that amount of money. Like... I literally cannot imagine $28 billion. What a guy.

    [–]RandomFrenchGuy 3 points4 points ago

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    It's ok, he still has a few hundred thousand dollars left. Many of them actually.

    [–]MrPudding28 2 points3 points ago

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    Well you really don't want to give up on baller status once achieved.

    [–]zuperxtreme 2 points3 points ago*

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    Here's a Billion: http://i.imgur.com/fR11P.jpg

    Now imagine 28.

    (source)

    [–]watchthenlearn 0 points1 point ago

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    This is awesome.

    [–][deleted] 10 points11 points ago

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    I tried to tell people this before it was cool (joke). People would always complain about microsoft and their prices, but when you think about what he's doing with his money now, and all his money he is giving away when he dies you'll see that when you buy a microsoft product that money is going to charity.

    (not sure how accurate that is now that he's not a big part of the company but it used to be the case)

    Yet another reason to buy PC and not Mac ;)

    [–]BannedForReposting 1 point2 points ago

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    that's why i love this guy

    [–]jnjs 1 point2 points ago

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    Shit. Well, there goes our trickle down money, America!

    [–]TechnoEquinox 4 points5 points ago

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    I'm okay with my "trickle-down" money saving lives. I'm not doing terribly, so the money would just go to more dice sets and LE 4.0 books.

    Bill Gates, you are a gent among jerks.

    [–]aalamb -1 points0 points ago

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    I find that people who espouse trickle-down economics are rarely the rich who give away such staggering sums of money. I'm not sure what Gates' exact politics, but I do believe he is left of center at any rate. Also take Warren Buffet, for instance. Also not a big believer in trickle-down economics.

    This, combined with a lack of historical evidence that trickle-down reliably produces significant economic growth, suggests a certain amount of ulterior motive in promoting trickle-down economics.

    [–]namelesswonder -1 points0 points ago

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    Granted, and I know it does a lot of good. But is it any kind of sacrifice on his behalf, really?

    [–]Offsets 160 points161 points ago

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    FTFY

    [–]watchthenlearn 33 points34 points ago

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    FTFY

    [–][deleted] 2 points3 points ago

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    relevant username...

    [–]whytofu 16 points17 points ago

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    Productivity extension for Chrome blocked Reddit. Had to log in via Incognito window to upvote. Mine is a valuable upvote.

    [–]insensitive_redditor 159 points160 points ago

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    Wow. I bet he makes like $400 a week.

    [–]MisterSquidz 77 points78 points ago

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    And has like....12 Xboxs.

    [–]egrodo 70 points71 points ago

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    Well considering that he owns Xbox I'd say that's accurate.

    [–]connorblikre 10 points11 points ago

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    did some searching and this came up

    [–]MisterSquidz 18 points19 points ago

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    Irrefutable evidence.

    [–]connorblikre 8 points9 points ago

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    Therefore I conclude he must have at least 14

    load more comments (1 reply)

      [–]TheseAreTheEndTimes 1 point2 points ago

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      I hate wiki answers, the answer is always just one unhelpful sentence hidden among loads of ads, about 300px away from the question.

      [–]polysemous_entelechy 1 point2 points ago

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      He actually owns every xbox which hasn't been sold yet.

      [–][deleted] 48 points49 points ago

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      Way too many intermediate frames, it wouldn't take that long

      [–]Brett42 1 point2 points ago

      Maybe you just scroll to slowly.

      [–][deleted] ago

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      [deleted]

      [–]Tylerman186 35 points36 points ago

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      Whooosh!

      [–]Canadiandane 14 points15 points ago

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      Did you just whoosh yourself?

      [–]CuzinVinny -5 points-4 points ago

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      no man, you WOOOOOOSHHH with italics

      [–]MrShow 11 points12 points ago

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      I downvote in bold.

      [–]akfreedo 62 points63 points ago

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      He makes $173 a second.

      [–]GeneralBE420 34 points35 points ago

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      at that point, it might as well be unlimited money

      [–]MrJay235 9 points10 points ago

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      I'm sure there HAS to be a way to spend that faster than you earn it. I'd hate to be shallow enough/love to be rich enough to try though.

      [–]GeneralBE420 13 points14 points ago

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      im just thinking thumbing through 100s while in line to buy stuff. that will be $100,000, okay hold on, 100, 200, 300, 400...

      [–]alphanovember 2 points3 points ago

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      This will do.

      [–]debaser28 2 points3 points ago

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      Very difficult. Ever seen Brewster's Millions?

      [–]MrJay235 0 points1 point ago

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      I have never actually seen it, though our high school once created a play. Does it count if I attended that?

      [–]truedemocracy 2 points3 points ago

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      shallow enough to spend it? It would actually be better for more people if someone that rich spent that much money

      [–]touchy610 3 points4 points ago

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      I can guarantee I can spend it faster than he earns it. Guaran-fucking-tee.

      [–]akfreedo 3 points4 points ago

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      It may be a minute but either way God Damn.

      [–]KyroDCK 79 points80 points ago

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      Damn, and I though my $400 a week was good.

      [–]extesser 35 points36 points ago

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      i've been on reddit too much this weekend

      [–]mriparian 2 points3 points ago

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      I haven't enough :(

      [–]watchthenlearn 4 points5 points ago

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      May I ask what you do? I need to plan accordingly. You could buy a Lambo and a Mansion with $400/week.

      [–]f03nix -2 points-1 points ago

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      You can ?

      Apparently, Lambos and Mansions are cheaper there compared to India. I personally make 1/3rd of that, but our total household income (me +3) is about double that ... and I live in a small middle class home and drive a 7 year old car called "Maruti Zen".

      [–]shovelface88 8 points9 points ago

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      woosh

      [–]f03nix 3 points4 points ago

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      ... and for a second I actually believed there's this place in the world where I could enjoy these worldly luxuries. I should've known better.

      [–]Ammar-The-Star 20 points21 points ago

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      He probably refreshes his bank account for fun.

      [–]watchthenlearn 4 points5 points ago

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      My F5 key would be broken.

      [–]albinofrenchy 0 points1 point ago

      Even when he doesn't work. Which is now. Because he is retired.

      [–]stash0606 -1 points0 points ago*

      False. He makes $33.18 a second. Here's how:

      He was born October 28, 1955. Date today: March 05, 2012, but since today still has a while to go, atleast in the western part of the world, let's say it's March 04, 2012. Number of days between Oct 28, 1955 and March 04, 2012 = 20583.

      In number of seconds, that is 20583 * 24 (hrs) * 60 (mins) * 60(seconds) = 1,778,371,200 seconds.

      Bill gates net worth in $2011 = $59 billion.

      Avg. money he makes every second: $59 billion/1,778,371,200 = $33.18.

      Price of LP 570-4 (2010 base model) : $237600.

      Amount of time Bill Gates would need to earn the cash: $237,600/$33.18 = 7160.94 seconds = 119.34 minutes = approx. 2 hrs.

      *Disclaimer: His net worth has dropped 3 billion since last year, so he's making less now. Also, I haven't taken into account crucial differences between net worth and annual earnings. Net worth is not equal to liquid assets is my basic understanding. Also, I'm supposed to be re-reading up on my java docs, but deemed this as far more interesting. You just got Math'd.

      [–]akfreedo 0 points1 point ago

      Ok. Thanks for correcting me. I don't like running around with things I thing are true that are actually false.

      [–]stash0606 0 points1 point ago

      I don't know if you're being sarcastic or not, but I wasn't trying to be a douche or anything. just thought I would calculate it, and I know there are some flaws in it too.

      [–]akfreedo 0 points1 point ago

      I wasn't being sarcastic I just don't like to tell people lies. I just heard that in my Personal Finance class and thought it was relevant.

      [–]MalihiniJoe 89 points90 points ago*

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      Good Guy Gates, could have thousands of Lamborghini's, spends his money on philanthropy.

      [–]AReallyGoodName 119 points120 points ago

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      I'm going to save 1 million children from Malaria

      ...

      ...

      Done

      [–]blahdeblah88 12 points13 points ago

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      I know this is probably politically incorrect around these parts, but is saving a million children in the 3rd world really that great an idea?

      Sounds good and makes people have a warm tummy, but will the country have the resources to support them later on? Is it really a good idea to intervene in another country like that but only in one narrow area?

      Given the massive increase in population of the world, isn't saving lives going to speed that up until we all die of overcrowding anyway?

      [–]AReallyGoodName 8 points9 points ago

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      In endemic areas, treatment is often less satisfactory and the overall fatality rate for all cases of malaria can be as high as one in ten. Over the longer term, developmental impairments have been documented in children who have suffered episodes of severe malaria. link

      In other words 9 out of 10 sufferers of Malaria survive in the endemic areas with poor treatment. These survivors suffer huge symptoms and are much more of a burden than a healthy person but they survive and are capable of breeding none the less.

      So Malaria isn't keeping the population low as much as it's crippling the population. So it's reducing the burden on resources by killing people off but it's raising the burden by producing sufferers who can no longer contribute as much.

      [–]freezz 4 points5 points ago

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      The facts say that if mortality goes down the birth rate also go down.

      [–]sophisting 3 points4 points ago

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      I was going to make this point. There is a great TED talk about this phenomenon. So basically the reason these women have SO many children is because of the high death rate -- fix that and family sizes will shrink closer to that of western cultures.

      [–]SilverZZ 1 point2 points ago

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      Could you explain this more? Why would mothers want to have children knowing they'll just die?

      [–]sophisting 1 point2 points ago

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      As far as I understand it, its a security thing. If you are less certain your kid will live to adulthood you will want to have more children to increase the likelihood of passing on your genes.

      edit: Here is that TED talk I mentioned.

      [–]wOlfLisK 1 point2 points ago

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      If 9 out of 10 children die within the first 5 years of their life, having 2 children would mean that they would probably both die, leaving the family with no children. If they have 10, 1 of them will probably survive past 5. Life is all about passing on your genes, so having 1 living child is better than 0 almost all the time.

      [–]zaydoc 0 points1 point ago

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      Life is all about passing on your genes

      The meaning of life - finally discovered

      [–]Erkel85 1 point2 points ago

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      Everything has to start somewhere.

      [–][deleted] 1 point2 points ago

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      This is actually an excellent point - it's essentially taking the same steps that the West took (immunization and sanitation) that first led to longer lifespans and higher productivity. A society burdened with constant death and disability across its entire population is incredibly inefficient. Those steps, plus birth control efforts (and, you know, stopping war and genocide) are the absolute necessary steps in helping Africa.

      [–]MrPudding28 1 point2 points ago

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      Exactly like the future Canada extermination.

      [–]DrWhoMetaCrysis 37 points38 points ago

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      Putting hundreds of poor Lamborghini employes out of work.

      [–]polysemous_entelechy 4 points5 points ago

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      Sending hundreds of Lamborghinis to children with malaria.

      FTFY. Good Guy Gates.

      [–]gistak -3 points-2 points ago

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      You know, it's not as though he doesn't spend money on himself. His house is valued at 147 million .

      I mean, it's great that he gives money away, but he's not some kind of otherworldly saintly figure.

      [–]Rappican 22 points23 points ago

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      I was half expecting him to say, "I think I'll just buy the company"

      [–]illmojo 11 points12 points ago

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      Bill likes Porsche's.

      [–]snitzy 14 points15 points ago

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      So do i, But she is married to Ellen.

      [–]Bran_Solo 13 points14 points ago

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      Like Ellen, I like my Porsches topless.

      [–]statikuz 8 points9 points ago

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      This article's pretty old but still kind of interesting:

      http://www.forbes.com/2006/07/15/leadership-compensation-billionaires-cx_hc_0717millionaireminutes.html

      Of course, the Gateses prefer more charitable pursuits, and they've received copious attention lately for their philanthropic efforts. Their foundation, which is frequently lauded for its investments in education and antipoverty programs, handed out $2,663 per minute last year. (2005)

      [–]JoshuaLyman 9 points10 points ago

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      Unfortunately, it looks like the Bill Gates wealth clock is no longer maintained. For those that don't know, there used to be a site that would track Gate's wealth as well as the relative wealth to median income. So, for example, there was a "how much money would have to be on the ground for it to be worth Gates' time to bend down and pick up", etc. The relative index was YOU: Bicycle, Gates: 747, for example. It was fairly entertaining for a one page site.

      [–]Keiko24 16 points17 points ago

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      I like to tell myself: One day I'll be that rich...

      ...I'm still waiting

      [–]t0ny7 29 points30 points ago

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      I keep telling my self that one day I will find a job...

      ... I'm still waiting.

      [–]Resop 26 points27 points ago

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      Too close to home, man. Too close.

      [–]mriparian 13 points14 points ago

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      Yeah, the restraining order clearly states 3000 feet.

      [–]PromaneX 7 points8 points ago

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      ...I'm still waiting

      That there is your problem. Don't wait, make it happen.

      [–]The_Magnificent 2 points3 points ago

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      I plan to be that rich one day by saving up $1 a day.

      On a related note, I also plan to live forever.

      [–]statikuz 4 points5 points ago

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      Related: http://www.reddit.com/r/gatesvsjobs/comments/htvq8/saving_money/

      [–]Shadax 1 point2 points ago

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      This one is much better.

      [–]Sloppy_Twat 1 point2 points ago

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      It wouldn't take that long.

      [–][deleted] 1 point2 points ago

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      I somehow saw that coming

      [–]BaronZee 1 point2 points ago

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      wow. honestly took longer than I thought. Would have guessed 2 frames.

      [–]TabascoQuesadilla 1 point2 points ago

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      If we take that as 5 frames of video, and assume it's at the PAL video framerate of 25 fps (just because that's easier to divide than the film-standard 24 fps), that means it takes Bill Gates 1/5 of a second to save up for a Lamborghini.

      ...I believe it.

      [–]nhnifong 1 point2 points ago

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      It's not just any repost, It gets posted on every website like this about 3 times a week!

      [–]skyflashings 1 point2 points ago

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      re:re:re:re:re:re:fw:fw:fw:fw

      [–]rraptor1985 5 points6 points ago

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      How come, this old shit has so many upvotes? What the fuck?

      [–]ziltiod94 3 points4 points ago

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      I know. I'm already waiting for the [fixed] version of him going, "actually i'll give it to charity"

      [–]ihavetheworstluck 1 point2 points ago

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      I've seen this so many times. but it never gets old.

      [–]15plus2isnot39 0 points1 point ago

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      In the time it took the OP to make this comment Bill made more than most people do in a year.

      [–]Mr_Miner 0 points1 point ago

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      Suspicious username

      [–]pachezilla 0 points1 point ago

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      classic shgates.

      [–]vacafuerte 0 points1 point ago

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      I don't know why but this pulled a lot of laughter right out of me. Well done!

      [–]johnnygrant 0 points1 point ago

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      I saw that coming, but still chuckled

      [–]Prestocracy 0 points1 point ago

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      Like a boss

      [–]SLTRMaverick 0 points1 point ago

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      He drives a mini-van from what I've read from an interview.

      [–]yoplaya 0 points1 point ago

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      God damn it! Fuck, fuck, fuck. I just made like ¢12...

      [–]gorange 0 points1 point ago

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      It would take him longer to "Save up for a Lamborghini". Even at 5% interest 50 billion would make BG about 2.5 billion/year, or 50 million per week. Not bad, but then divide that by 7 and you've got about 7.3 million per day, now you figure that's maybe 24 Lamborghini's at 300K a piece. So it would take him like an hour to save up. Still a funny (re)post.

      [–]hyperinsane 0 points1 point ago

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      I'm surprised you're the first one to point this out

      [–]DustyRabbit 0 points1 point ago

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      I saw this on failblog a couple months ago

      [–]Battlesheep 0 points1 point ago

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      It's funny 'cuz he's rich

      [–]Hezzerzzezz 0 points1 point ago

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      If you don't scroll down, he never saves up enough for a lamborghini.

      [–]yurbud 0 points1 point ago

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      He would have enough before he finished "I."

      [–]Pharose 0 points1 point ago

      I think the only way I would be interested in seeing a show like "Cribs" would be if it featured Bill Gates. I've never heard about his house but I bet he lives more like a Millionaire than a Billionaire. I don't think he's the type of person to have a large car collection...

      [–]biosaint 0 points1 point ago

      Thanks for the repost

      [–]asian_persuason -5 points-4 points ago

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      Fixed?

      [–]I_Got_Profit -1 points0 points ago

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      Maybe it's too early in the morning for me, but, I laughed... hard. And I'm slightly embarrassed to say I even scrolled to the top to go through it again and laughed... AGAIN.

      Would laugh again A++++

      edit: added my review

      [–][deleted] ago

      sorry, this has been archived and can no longer be voted on

      [deleted]

      [–]AlexHimself 21 points22 points ago

      sorry, this has been archived and can no longer be voted on

      You've got to be kidding if you think he only makes $1,000,000/year.

      [–]tachi-kaze 10 points11 points ago

      sorry, this has been archived and can no longer be voted on

      The man is worth 40 billion dollars, no way in hell he has an annual income of one million dollars. .1% interest on a billion dollars is one million dollars, so even at that rate he'd get 4 million dollars a year. And I'm pretty sure he can get a lot more than that....

      [–]statikuz 5 points6 points ago

      sorry, this has been archived and can no longer be voted on

      I'm sure he makes more than a million bucks a year with all of his investments.

      [–]duck_vagina 3 points4 points ago

      sorry, this has been archived and can no longer be voted on

      Holy crap you have no sense of money. Assuming 3% interest per year (incredibly conservative for the investments available to him), he makes a million in interest in 6 hours.

      [–]nemisis54 2 points3 points ago

      sorry, this has been archived and can no longer be voted on

      Are..are you an idiot?

      [–]jamesbarbour 0 points1 point ago

      sorry, this has been archived and can no longer be voted on

      yeah, I am pretty sure Bill Gates's annual salary is slightly higher than a backup guard for the Milwaukee Bucks.

      [–]Hyce 1 point2 points ago

      sorry, this has been archived and can no longer be voted on

      That's a pretty expensive figure for a new Lambo- I could've sworn they were typically $100,000 less than that, somewhere in the $250,000s. Depends on the model, I suppose.

      [–]Peregrineeagle 0 points1 point ago

      sorry, this has been archived and can no longer be voted on

      MSRP on a 2012 Aventador is $376,000 (although I'd assume that's without any optional extras). So that number is still too large, but not very far off.

      [–]angrystuff 0 points1 point ago

      sorry, this has been archived and can no longer be voted on

      Gates is worth approximately $53,000,000,000.

      [–][deleted] ago

      sorry, this has been archived and can no longer be voted on

      [deleted]

      [–]DaCrazyCam 9 points10 points ago

      sorry, this has been archived and can no longer be voted on

      I just wanted to tell everyone that I laughed at this.

      Probably didn't even up vote it...

      load more comments (4 replies)

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