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Letter: Bloomberg is very wealthy

By Bruce L. Melkonian, Vancouver
Published: February 4, 2020, 6:00am

According to published sources, wannabe presidential candidate Mike Bloomberg has a net worth of about $60 billion. I thought it might be interesting to put this into some sort of perspective.

Consider someone you know who has that much money, someone with 12 really good friends. Let’s say he has three meals a day with those friends for 10 years. Assume breakfast is $1,000, lunch is $3,000, and dinner is $5,000. That’s per person. And of course your imaginary friend would leave a 15 percent tip. At the end of the 10 years, his net worth would not have been reduced by even 1 percent.

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