How long would it take an average worker to achieve the fortune of Musk or Sarmiento?

Most people dream of becoming millionaires, however, there are few who manage to collect a fortune as large as that of the founder of Tesla, in fact only 236 people in the world manage to amass a fortune of more than US$1,000 millions. According to Forbes magazine, Elon Musk is the billionaire with the largest net worth in the world, with US$219 billion, dethroning Jeff Bezos, who has US$171 billion.

The first thing to keep in mind is that reaching a fortune of such magnitude is impossible with an average job, because even if you have a moderately high salary, the sum of your monthly liabilities will reduce your savings capacity. According to Statista’s analysis, to become wealthy like Musk’s, an American worker would have to work three million years earning $69,392 in that period. While the Germans would need to work 900,000 years for a salary of US $ 53,475 each year to reach the fortune of the owner of Schwarz-Gruppe, Dieter Schwarz, the richest in this country.

In the case of Canada, a person would have to work 1.2 million years to reach the wealth of Changpeng Zhao, the director cryptocurrency exchange executive largest in the world, who has amassed US$55 billion. Or in India, to reach the $91 billion fortune of Mukesh Ambani, head of the multinational conglomerate Reliance Industries Limited, workers would have to toil for more than 17 million years, earning an average salary of $5,000 a year.

In the case of Colombia the case is more difficult. Here, the wage gap is huge and only 3.4 million people earn more than two minimum wages in the country, according to Dane figures. Taking into account that the average salary of a Colombian is US$1,307 according to the portal salaryexplorer.com, (US$15,000 a year) an average worker would take 660,000 years to reach wealth like Sarmiento Angulo, which reaches US$9,900 millions.

Not even adding the fortune of the four people with the most money in the country would reach Musk. According to the list of world millionaires from Forbes magazine, only Luis Carlos Sarmiento Angulo, Jaime Gilinski, David Vélez and Beatriz Dávila from Santo Domingo are the millionaires with the highest fortune in Colombia who are part of the list. Uniting the wealth of these entrepreneurs, their assets would reach US$24.1 billion, 11% of what the founder of Tesla owns.

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How long would it take an average worker to achieve the fortune of Musk or Sarmiento?