Adjusting for inflation for let’s say the year 2000 that’s only 150 million. Divide that by four and that leaves you just under 40 million before taxes per band member in 2000 money.
Also assumes they won’t do literally anything else to make money. I’m not a financial expert by any stretch, but investing 40 mill seems like enough to live off dividends for the rest of your life and still have whatever left for the kids to pull out. Again assuming that they don’t do anything else to make more money.
300M is more than they’ll need in a hundred years.
Sells short sighted. Leave something for your kids or family.
If you think $300.000.000 is not enough then you have issues no money can cure.
Adjusting for inflation for let’s say the year 2000 that’s only 150 million. Divide that by four and that leaves you just under 40 million before taxes per band member in 2000 money.
So it’s not really that much money.
‘If you do these arbitrary calculations the number goes down!’
Bet you have no idea how much like 50.000 is. Or how to pay rent.
Also assumes they won’t do literally anything else to make money. I’m not a financial expert by any stretch, but investing 40 mill seems like enough to live off dividends for the rest of your life and still have whatever left for the kids to pull out. Again assuming that they don’t do anything else to make more money.
Yes, won’t someone think of the nepo-babies?