this post was submitted on 14 Jul 2025
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Luigi Mangione
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The S&P doubled in the last five years and more than tripled in the last ten. Pocket $20M of that $26M, at $1.6M/mo, while earning around 15% yoy ROI and you're looking at $400M inside a decade.
Compound interest is propelling already-rich people into the stratosphere.
15% yoy is too generous. S&P has averaged 10% p.a. over the past 100 years.
But yes, compound interest brings the billion target ($20M pocketed @ 10%) down from 40 to 18.8 years.
But remember, the average CEO tenure is about 7.5 years.
Getting to a billion through a salary only is very difficult.
Sooner or later he would have been offered the CEO position of a big health tech start-up, it would have grown for a few years, than either gone public or sold for several billion, and he'd be the Billionaire he was angling to be.