If You Had A Nickel For Every Search Done On Google, Here's How Long It Would Take To Equal Elon Musk's Wealth

Zinger Key Points
  • Elon Musk is the richest person in the world.
  • A look at how Musk's wealth compares to getting a nickel every time a common daily task is done.

One of the old phrases people have likely heard is "if I had a nickel for ever time (x happened), I'd be rich." As the world's richest person, Tesla Inc TSLA CEO Elon Musk doesn't have to worry about being rich.

Here's an example of how you could be as rich as Musk based on getting one nickel at a time.

What Happened: Musk is the world's richest person thanks to his ownership in companies like Tesla, SpaceX, The Boring Company, Neuralink and social media platform Twitter, now known as X, which Musk acquired for $44 billion in 2022.

At his peak in November 2021, Musk was worth $340 billion. A decline of 65% for Tesla shares in 2022 led to the billionaire seeing his wealth decline by $137 billion last year.

The drop in Musk's wealth in 2022 led to him losing the title of the world's richest person, and even led to a Guinness World Record for the biggest wealth drop in a year.

A rise in valuation for Tesla has helped propel Musk back to the lead as the world's richest person, with Tesla shares now up over 120% year-to-date in 2023.

Musk is currently valued at $223 billion according to Bloomberg, gaining $85.8 billion in value in 2023. At the time of writing, Musk is currently over $50 billion richer than second place Jeff Bezos.

Stakes in the companies mentioned above and a previous stake in PayPal Holdings helped propel Musk's wealth over the years.

While it took decades for Musk to become the richest person in the world, here’s a theoretical scenario showing how that wealth could be amassed in under two years.

Related Link: If You Invested $1,000 In Tesla Stock When The Cybertruck Was Unveiled, Here’s How Much You’d Have Today

If I Had A Nickel: Search engine Google, which is owned by Alphabet Inc GOOG GOOGL, has been the dominant player in the internet search sector.

Every day, Google processes around 8.5 billion searches, with an estimated 99,000 searches done per second. This translates to around two trillion global searches every year done on Google.

Let’s explore what earning a nickel for every Google search would mean.

If you were paid a nickel for every search done on Google, you would get $425 million per day, based on 8.5 billion searches daily.

It would take 524.71 days to hit Musk's total of $223 billion based on the above criteria, or around 1.44 years.

In less than two years, you could be as rich as Musk thanks to the dominance of Google in the search space.

Of course, Alphabet won't be paying anyone for its searches anytime soon, so it's back to the drawing board.

Read Next: 52 Facts And Figures About Elon Musk

Photo: Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!