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Jeff Bezos has a private wealth of about $ 1 2 7 billion ( data: Bloomberg, 3 1 / 1 0 / 2 0 2
Jeff Bezos has a private wealth of about $ billion data: Bloomberg, Lets see what Jeff Bezos can do with his money in the following problems.
a Ill take Manhattan? Manhattans native tribe sold Manhattan Island to Peter Minuit for $ in Now, years later in Jeff Bezos wants to buy the island from the current natives. How much would Bezos have to pay for Manhattan if the current natives want a annual return on the original $ purchase price? Could he afford it points
b How much would Jeff have to pay for Manhattan if the current natives want a return compounded monthly on the original $ purchase price? points
c Austria? Jeff Bezos enjoys skiing so he plans to purchase the whole country of Austria at the price of the current value of GDP of $ billion data: World Bank, How much would Mr Bezos have to invest today at percent compounded annually in order to purchase Austria in years at this price? points
d If Bezos decides to set up a foundation with funding of $ billion that he will contribute to the saving account at the end of each year during the next years and the bank offers him a return of how much will be generated on this saving account
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