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How to make a billion dollars

It's not long ago that a million dollars was a lot of money. At the turn of the 20th century, being a millionaire meant being a successful industrialist, their banker or their lawyer. Nowadays, virtually everyone in the Western world stands to make at least a million dollars throughout their life, even if they earn minimum wage and work a 35 hour week ($7.25p/h x 35 hours X 52 weeks x 55 years of work equals $725725. Throw in inflation and you'll make a million cooking fries for McDonalds). At present, 1 in 25 Americans is a millionaire and that number is growing all the time. The luxuries that were once afforded only to millionaires; private jets, vintage champagne and vacations in exclusive, far-flung resorts, are now the reserve of billionaires. On the...[continued]

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How to make a billion dollars naked

Thanks to the miracle that is the internets it’s not only possible to make a billion dollars, it’s even possible to make a billion dollars naked. In fact it’s probably easier that way. Gone are the days when making money meant getting dressed and going to a designated workplace to perform some repetitive but essentially productive task. Now all you need to do to make money is talk about yourself on the internet. To begin with, you'll need a Twitter account which you can get for free, or which I can provide for a one off fee of $79.95 plus a recurring monthly subscription of $19.95. To be most successful, you should choose a Twitter name that highlights your ability to create success out of nothing. Something with the words "wealth" or "guru" should be most effective. We went with "wealthguru". Next, you'll need to decide where your chosen expertise lies. If you chose [...]

Asides

• Codelco plans to spend $16.5 billion in the next five years to ramp up production from its aging mines after the metal's price jumped 30 percent last year. #
• Goldman Sachs collected nearly $US3 billion from bailed-out insurer American International Group as a payout on bets it placed on its own account. #
• In the past one year 2010 Pakistan-China bilateral trade has registered an overall growth of 28 percent and touched the figure of $ 8.7 billion #
• Iranian President Mahmoud Ahmadinejad said on Saturday that the country holds a multi-billion litre stockpile of petrol. #
• The federal government ran a spending deficit of $4.5 billion in November, about $100 million more than the same month a year earlier. #