How to Live Like a Billionaire? Holy Cross Professor Does the Math So You Don’t Have To

The Conversation

Even billionaires need to budget. But what does a household budget look like to a billionaire? Andrew Hwang, associate professor of mathematics at the College of the Holy Cross breaks it down.

Writing for The Conversation, Hwang estimates a billionaire’s annual income to be $200 million per year, which would be over $6 per second and the equivalent of 4,000 median American incomes per year. In that vein, a $2,000-vacation would set a billionaire back what would be proportional to a half-dollar from a middle-class income.

Hwang goes on to say, “Most Americans don’t understand how inequitably American wealth is distributed. Worldwide, wealth inequality is even more stark.”

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Chicago Tribune, Jan. 24

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