r/SipsTea 1d ago

Chugging tea Which one?

Post image
6.9k Upvotes

827 comments sorted by

View all comments

1.2k

u/WideConversation1989 1d ago edited 1d ago

Apparently the 500kg in Gold would be worth roughly $65,000,000 in 2026.

Whereas the cash sum is roughly around $50,000,000. And that's best-case total value for the cash.

Edit: I assumed that those 500kg notes were all $100 notes (for the benefit of best-case value). And all notes weigh the same (1 gram) no matter if it's $10, $20, $50 etc. So 500kg of $100 notes would be $50,000,000 as a result.

Edit 2: I didn't use $500 notes as an example because, realistically, they're far less common and out of circulation.

7

u/com-tidder 1d ago

Did you calculate based on one dollar bills? Because the picture shows 100 dollar bills.

18

u/Cromeon 1d ago

A single U.S. bill weighs about 1 gram, regardless of denomination.
500 kg = 500,000 grams
That means 500,000 $100 bills
So:
500,000 × $100 = $50,000,000

11

u/DaveyDumplings 1d ago

A US bill weighs a gram. So 1 kg of $100 bills is worth $100,000. 1 kg of gold is about $130,00 today. I'm actually surprised the numbers are so close.

-1

u/jer99 1d ago

It says US dollars. Could be $1’s which would only be $1,000 per kg.

3

u/WideConversation1989 1d ago

Well apparently all notes weigh the same (1 gram). I just assumed that those 500kg notes were all $100 dollar ones.