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Forums - Gaming - Minecraft creator outbids Jay Z and Beyonce for a 70 Mil Mansion

S.T.A.G.E. on 17 January 2015
daredevil.shark said:
S.T.A.G.E. said:


He got 2.5 Billion from Microsoft, plus he was taxed by the govenrment (as usual). After that he paid for the house, so he's 70 million deeper in the hole and still wealthy to boot. 


But how many million is 1 billion in USA?

Are you serious? LOL XD

This cannot be a trick question. Lets keep it simple and say one billion is 500 Million x2. Microsoft cut a check for 1.5 billion ontop of that in total. 



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daredevil.shark on 17 January 2015
S.T.A.G.E. said:

Are you serious? LOL XD

This cannot be a trick question. Lets keep it simple and say one billion is 500 Million x2. Microsoft cut a check for 1.5 billion ontop of that in total. 


Damn.



Samus Aran on 17 January 2015
S.T.A.G.E. said:
daredevil.shark said:
Old news. Please dont bash me. How many million does he have now? 30 million or 970 million? 100 million or 1000 million = 1 billion? I assume he got 1 billion. So how much money does he have left?


He got 2.5 Billion from Microsoft, plus he was taxed by the govenrment (as usual). After that he paid for the house, so he's 70 million deeper in the hole and still wealthy to boot. 

Not very clever then, in my country you can sell big companies without paying a single cent in tax.



Proxy-Pie on 17 January 2015
S.T.A.G.E. said:

Are you serious? LOL XD

He's asking because a lot of countries still use the European number naming system, where the Billion is a million millions, and the American Billion is a Milliard.



S.T.A.G.E. on 17 January 2015
Samus Aran said:
S.T.A.G.E. said:


He got 2.5 Billion from Microsoft, plus he was taxed by the govenrment (as usual). After that he paid for the house, so he's 70 million deeper in the hole and still wealthy to boot. 

Not very clever then, in my country you can sell big companies without paying a single cent in tax.


I just think he wanted to say he outbid Jay Z and Beyonce (LOL). What is the sales tax like (and exemptions) in your country?



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S.T.A.G.E. on 17 January 2015
MohammadBadir said:
S.T.A.G.E. said:

Are you serious? LOL XD

He's asking because a lot of countries still use the European number naming system, where the Billion is a million millions, and the American Billion is a Milliard.


Thanks for letting me know this. The American eductation systems wins again ::shrugs::. 



Proxy-Pie on 17 January 2015
S.T.A.G.E. said:
MohammadBadir said:
S.T.A.G.E. said:

Are you serious? LOL XD

He's asking because a lot of countries still use the European number naming system, where the Billion is a million millions, and the American Billion is a Milliard.


Thanks for letting me know this. The American eductation systems wins again ::shrugs::. 

The American numbering system is pretty much the more used one these days. Rarely do you see people saying Milliard or Billiard (Well, besides the Pool game :P)



S.T.A.G.E. on 17 January 2015
MohammadBadir said:
S.T.A.G.E. said:


Thanks for letting me know this. The American eductation systems wins again ::shrugs::. 

The American numbering system is pretty much the more used one these days. Rarely do you see people saying Milliard or Billiard (Well, besides the Pool game :P)

XD LOL



Samus Aran on 17 January 2015
S.T.A.G.E. said:
Samus Aran said:
S.T.A.G.E. said:


He got 2.5 Billion from Microsoft, plus he was taxed by the govenrment (as usual). After that he paid for the house, so he's 70 million deeper in the hole and still wealthy to boot. 

Not very clever then, in my country you can sell big companies without paying a single cent in tax.


I just think he wanted to say he outbid Jay Z and Beyonce (LOL). What is the sales tax like (and exemptions) in your country?

We have a very complicated tax system that can be abused to almost pay nothing for rich people or big companies (same like most countries). Taxes for normal people are pretty high (some of the highest in the world I think).

http://trends.knack.be/economie/beleid/waarom-marc-coucke-geen-meerwaardebelasting-hoeft-te-betalen/article-opinion-510311.html

Here's an article that explains the matter, but it's in Dutch, so you might want to use google translate.



Ninsect on 17 January 2015
MohammadBadir said:
S.T.A.G.E. said:
MohammadBadir said:
S.T.A.G.E. said:

Are you serious? LOL XD

He's asking because a lot of countries still use the European number naming system, where the Billion is a million millions, and the American Billion is a Milliard.


Thanks for letting me know this. The American eductation systems wins again ::shrugs::. 

The American numbering system is pretty much the more used one these days. Rarely do you see people saying Milliard or Billiard (Well, besides the Pool game :P)

In Iceland we do exactly that (milljarður=1000 millions and billjarður=1000 milljarðar)



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