Today Money facts
While investigating facts about Today Money Rate and Today Money Exchange Rate, I found out little known, but curios details like:
A guy made $1,000,000 by selling each pixel on a 1000 x 1000 pixel web page for $1 a pixel. The Million Dollar Homepage was created in 2005 to raise money for his university fees. The inventor went on to create a company today valued at $250m.
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At George Washington's 1787 farewell party, 56 people drank 60 bottles of claret, 54 bottles of Madeira, 8 bottles of hard cider, 8 bottles of whiskey, 22 bottles of porter, and 7 large bowls of alcoholic punch; the bar tab cost $15 000 in today's money.
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In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what's money worth today calculator. Here are 50 of the best facts about Today Money Value and Today Money Exchange I managed to collect.
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Warren Buffett, worth $78 Billion, gave his son Peter a single inheritance of $90k worth of stock at age 19. He has never given him more financial assistance. Peter spent the money on recording equipment. Had he kept the stock it would be worth over $70 million today.
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When Britain abolished slavery they simply bought up all the slaves and freed them. It cost a third of the entire national budget, around £100 billion in today's money.
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The highest paid athlete of all time was a Roman charioter who would be worth $15 billion in today's money.
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During the height of the CA gold rush, an egg would cost the equivalent of $25 in today’s money, coffee went for $100/pound, and a pair of boots would set you back more than $2,500.
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When his heir died childless, the estate of British scientist James Smithson passed to the U.S. government. American diplomat Richard Rush was sent to England to collect the money, and returned with today's equivalent of $11M in gold coins, which was used to found the Smithsonian Institution.
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The Boston Tea Party destroyed an equivalent of $1.7million of tea in today's money.
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In 1932, William Faulkner was offered a $500-a-week contract ($8,500 today) to write scripts at Metro-Goldwyn-Mayer but didn't have enough money to send a telegram to answer yes.
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England used to have a "window tax". People refused to disclose how much money they made, considering it an invasion of privacy - so you would be charged based on how many windows your house had. In retaliation, people bricked up their windows, which you can still see today.
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Jeremiah Hamilton, 19th Century New York's notorious African-American, Wall Street millionaire. Blacklisted by the city's insurance firms and Public Stock Exchange, he went on to amass a fortune of $250 million in today's money and was known as the biggest single rival to the Vanderbilts.
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From 1946 to 1952 the United States worked to rebuild post-war Europe and Japan, investing $24.2 billion or roughly $200 billion in today's money. Although offered help, the Soviet Union refused Plan benefits, and also blocked benefits to Eastern Bloc countries, such as Hungary and Poland.
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The tornado in 'The Wizard of Oz' is just a 35 foot stocking blown by artificial wind and dirt held up by a "gantry" on a set - the gantry cost more than the whole anticipated budget for the entire scene; $218,347.23 in todays money.
One of Jacqueline Lee Bouvier‘s famous quotes is “The first time you marry for love, the second for money, and the third for companionship” and after her husband John F Kennedy was assassinated she married Greek shipping magnate Aristotle Onassis who is valued at $2.3 billion today - source
Before 1934, film in Hollywood used to be extraordinarily liberal during a period called "Pre-Code". Before laws about decency were passed, films in that era would give today's rated-R movies a run for their money, featuring nudity, homosexuality, drug use, intense violence and more. - source
The US once printed paper money in cent denominations. Known as 'fractional currency', it was introduced in 1862 because people were hoarding coins for their precious metals. Issued in denominations of 3, 5, 10, 15, 25, and 50 cents, they are still technically legal tender (spendable) today.
NASA did not invest any money for a space pen, but did invest $4,382.50 ($31,949 today) in space pencils. - source
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When slavery was abolished in the UK the compensation paid was worth billions in today's money. These payouts went not to the slaves but to the rich families that could no longer keep slaves.
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Custer Wolf, a North American gray wolf referred to as the "master criminal of the animal world", killed livestock worth almost $300,000 in today's money
Archibald McArthur, a successful Wisconsin lawyer who took a vow of poverty, later moved to Florida at age 79, and left his family members each $5, while leaving his remaining fortune of $3 million in today's money to a stranger he met on a park bench.
At his death in 1937, John D. Rockefeller's fortune accounted for more than 1.5% of the US GDP, equivalent to $250 billion in today's money
Estimates place John D. Rockefeller's personal net worth in today's money at somewhere between $392,000,000,000 and $663,400,000,000.
A speculator bought exclusive rights to prospect for oil in Iran for 60 years, paying the Shah £20,000 (£2m today). Just before his money ran out he struck black gold. His company became British Petroleum (BP)