The printing press is taken into account to be one of many best innovations of all time. It kick-began a revolution and reworked the best way concepts are communicated throughout the globe.
Right here’s an attention-grabbing statistic concerning the printing press because it pertains to Tesla Inc. TSLA CEO Elon Musk, the world’s richest person.
What Occurred: Musk is price greater than $200 billion and at one level in 2021 was price a lot that he could buy each MLB, NBA, NFL and NHL crew.
Quick ahead to 2023 and Musk is the richest particular person on this planet, price $244 billion, in response to Bloomberg. The billionaire has watched his wealth improve by $107 billion 12 months-to-date in 2023.
The rise comes even after Tesla shares fell over 60%, with their greatest calendar-12 months drop since going public. Musk noticed his wealth fall by tons of of billions from his peak in November 2021 to the tip of 2022.
Musk noticed his wealth fall by a lot that he was awarded a Guinness World Record for the largest one-12 months drop in internet price.
After being handed in 2022 by Bernard Arnault and falling to the second richest particular person on this planet, Musk is again on prime and has a $74 billion lead over Arnault.
Associated Hyperlink: Elon Musk Wants More Babies Being Born, Now He’s Forking Over Millions For The Cause
Catching Elon Musk: Musk is presently price an estimated $244 billion as a result of his owning 15% of Tesla and round 40% possession of SpaceX.
Musk handed a number of notable buyers and firm founders through the years to prime the listing.
Right here’s a enjoyable statistic: Should you purchased a Gutenberg printing press in 1440 and began printing $1 million every single day, you continue to wouldn’t be price as a lot as Musk.
The Gutenberg printing press was invented in 1440 by Johannes Gutenberg in Germany.
Ten years later, the printing machine was prepared for industrial use. Among the many first objects printed by Gutenberg have been calendars and pamphlets. In 1452, Gutenberg started printing a Bible, with an estimated 180 copies printed. An estimated 21 full copies have survived.
The printing press would additionally change into integral in printing books in addition to cash.
Now, printing cash with the Gutenberg printing press is prohibited. Nonetheless, even should you have been in a position to do it, it nonetheless may not make you the richest particular person on this planet.
The greenback wasn’t round till the Mint Act established the official U.S. coinage system in 1792. For the needs of this hypothetical wealth constructing, for example you might print U.S. {dollars} in 1440.
Right here’s the maths:
- The printing press was invented 583 years in the past
- Relying on the date it was invented, it may have been 213,058 days in the past (primarily based on Jan 1. 1440 and Sept. 20, 2023)
- 212,674 x $1 million day by day will get a complete of $213.06 billion
That falls wanting the $244 billion Musk is presently valued at.
It’s loopy to assume that Musk is price greater than somebody printing $1 million every single day since 1440, however that’s what historical past tells us.
Learn Subsequent: 52 Fun Facts And Figures About Elon Musk
Pictures: Phanurak Rubpol and Ken Wolter on Shutterstock
Elon Musk Has So Much Money That Printing $1 Million A Day Since 1440 Can’t Catch Him – Tesla (NASDAQ:TSLA) www.benzinga.com 2023-09-20 23:24:28
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