This is how long it’d take Elon Musk and Jeff Bezos to go broke if they spent $1 million a day

Spoiler alert: it would take them more than one lifetime.
  • Elon Musk and Jeff Bezos are among the world’s richest people
  • Together, they’ve got a net worth of around $400 billion
  • Even if they spent $1 million a day from now on, they would still need hundreds of years to run out of cash

Published on Jan 31, 2024 at 3:46PM (UTC+4)

Last updated on Feb 7, 2024 at 1:49PM (UTC+4)

Edited by Adam Gray

Elon Musk and Jeff Bezos have a combined net worth of around $400 billion.

That’s an impressive figure, but what is even more impressive is the number of years it would take them to spend all that cash – if they tried.

READ MORE: Elon Musk reveals what first Neuralink implanted in human will be able to do

Elon Musk regained the number one spot on Forbes billionaire list after briefly losing it to LVMH’s Bernard Arnault.

At the time of writing, Musk has a net worth of $210 billion.

Jeff Bezos is not far behind, with a net worth of $180 billion, placing him in the top three of the world’s richest people.

If they spent $1 million a day, starting today, it would still take 476 years to run out of cash.

And you can buy a lot of stuff with that cash.

To give a random example, Musk and Bezos could buy one of the world’s most expensive watches, an iced-out Hublot that Floyd Mayweather also owns, every day for the next 100 years and still have billions left.

Interestingly, but perhaps unsurprisingly, Bezos and Musk tend to spend money on the same things.

For starters, they both spent a significant chunk of their fortune to finance their space projects SpaceX (Musk) and Blue Origin (Bezos).

They also spend a whopping amount of cash every year on personal security and on private jets.

However, while Musk is generally quite frugal when it comes to spending money on luxury stuff for the sake of living the high life, Bezos is the opposite.

The founder and former CEO of Amazon owns one of the world’s largest and most expensive sailing yachts, Koru, which is worth a whopping $500 million.

Not only that, he actually spent an additional $75 million on a shadow boat for his yacht called Abeona.

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