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.
Also See: If Bezos’ Wealth Were Evenly Distributed Across the US, How Much Would We Get?
Find More: 8 Things You Must Do When Your Savings Reach $50,000
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.
Elon Musk
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
Check Out: The $50 Mistake Warren Buffett Says Everyone Should Avoid
See More: If Warren Buffett’s Wealth Were Evenly Distributed Across America, How Much Money
Trending Now: Suze Orman’s Secret to a Wealthy Retirement–Have You Made This Money Move?
Larry Ellison
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
Check This: The No. 1 Way Americans Become Millionaires Is Pretty Boring — and Easy To Do
Mark Zuckerberg
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
Jeff Bezos
Source of wealth: Amazon
Net worth: $227.4 billion
Time it would take to go broke spending $1M a day: 623 years
Warren Buffett
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
Know More: Warren Buffett’s Top 4 Tips for Getting Richer
Steve Ballmer
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
Larry Page
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
Bernard Arnault and Family
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
Discover More: Check Out the Median Salary of Americans Your Age in Every State
Sergey Brin
Source of wealth: Google
Net worth: $132.5 billion
Time it would take to go broke spending $1M a day: 363 years
Jensen Huang
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.
More From GOBankingRates
New Law Could Make Electricity Bills Skyrocket in These 4 States
I’m an Economist: Here’s When Tariff Price Hikes Will Start Hitting Your Wallet
5 Strategies High-Net-Worth Families Use To Build Generational Wealth
7 Wealth-Building Shortcuts Proven To Add $1K to Your Wallet This Month
This article originally appeared on GOBankingRates.com: How Long It Would Take the 10 Richest People To Go Broke If They Spent $1M a Day
