How Long It Would Take the 10 Richest People To Go Broke If They Spent $1M a Day

For most of us, the idea of spending $1 million in a day — or even in a year — is unfathomable. But for the richest people in the world, $1 million is a mere drop in the bucket. Billionaires such as Elon Musk and Jeff Bezos could spend $1 million every single day and never run out of money.

A new study conducted by Gold IRA Custodians revealed how long the world’s 10 richest billionaires could sustain spending $1 million every single day before exhausting their net worth — and it’s more than their lifetimes by a long shot.

• Source of wealth: Tesla, SpaceX
• Net worth: $419.3 billion
• Time it would take to go broke spending $1M a day: 1,148 years and 9 months

• Source of wealth: Oracle
• Net worth: $259.5 billion
• Time it would take to go broke spending $1M a day: 710 years and 11 months

• Source of wealth: Facebook
• Net worth: $245.8 billion
• Time it would take to go broke spending $1M a day: 673 years and 5 months

• Source of wealth: Amazon
• Net worth: $227.4 billion
• Time it would take to go broke spending $1M a day: 623 years

• Source of wealth: Berkshire Hathaway
• Net worth: $153.9 billion
• Time it would take to go broke spending $1M a day: 421 years and 7 months

• Source of wealth: Microsoft
• Net worth: $139.6 billion
• Time it would take to go broke spending $1M a day: 382 years and 5 months

• Source of wealth: Google
• Net worth: $138.5 billion
• Time it would take to go broke spending $1M a day: 379 years and 5 months

• Source of wealth: LVMH
• Net worth: $138.5 billion
• Time it would take to go broke spending $1M a day: 379 years and 5 months

• Source of wealth: Google
• Net worth: $132.5 billion
• Time it would take to go broke spending $1M a day: 363 years

• Source of wealth: Semiconductors
• Net worth: $129 billion
• Time it would take to go broke spending $1M a day: 353 years and 5 months

Editor’s note: Data was sourced from Gold IRA Custodians and is accurate as of July 2, 2025.