Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
icosa
10 months ago
|
parent
|
context
|
favorite
| on:
The wealthy parents of "self made" billionaires
As a reference, $245,573 in 1995 is like $495,962 in 2023.
amin
10 months ago
[–]
And $245,573 in the S&P 500 in 1995 would be worth over $2.2 million today.
This is because asset price inflation has grown at much higher rates that consumer prices (CPI).
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: