If Bill Gates had invested his entire net worth of $40 billion in Bitcoin in 2009, his gains would be astronomical. Let's do a rough estimate:
Starting with an initial investment of $40 billion in 2009:
Assuming an average annual return of 230% (based on Bitcoin's historical performance):
- Year 1 (2009-2010): $40 billion x 230% = $92 billion
- Year 2 (2010-2011): $92 billion x 230% = $211.6 billion
- Year 3 (2011-2012): $211.6 billion x 230% = $486.38 billion
- ...
- Year 15 (2023-2024): $1.33 trillion x 230% = $3.06 trillion
As of June 2024, his investment would be worth approximately $3.06 trillion.
Please note, this calculation is simplified, as Bitcoin's price has fluctuated significantly over the years. A more accurate calculation would require precise daily or monthly price data. Also, keep in mind that this is a hypothetical scenario, and actual investments carry risks and fees that can affect returns.
