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re: Dan Bilzerian drops 654,400 on a special VIP section for Electric Zoo Fest

Posted on 7/30/15 at 12:09 pm to
Posted by DaTroof
Louisiana
Member since Jun 2015
982 posts
Posted on 7/30/15 at 12:09 pm to
quote:

Him spending $650,000 on a festival is about equivalent to someone making $50k/yr spending about $300 on a ticket.


Not even close. He's worth $100M, he doesn't make $100M a year.

Hypothetical -

Dan B. makes $10M a year which I think would be generous. This means Dan B. just spent 6.5% of his yearly gross income on a music festival.

If Johnny poor guy makes $50k a year and spends $300 on a music festival then he only spent .6% of his yearly gross income.

Pretty big difference there
Posted by Artie Rome
Hwy 1
Member since Jul 2014
8757 posts
Posted on 7/30/15 at 12:17 pm to
quote:

Pretty big difference there


It still doesn't matter. Percentages are not apples to apples.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 7/30/15 at 1:00 pm to
quote:

Not even close. He's worth $100M, he doesn't make $100M a year.

Hypothetical -

Dan B. makes $10M a year which I think would be generous. This means Dan B. just spent 6.5% of his yearly gross income on a music festival.

If Johnny poor guy makes $50k a year and spends $300 on a music festival then he only spent .6% of his yearly gross income.

Pretty big difference there



He'll have major sponsors paying for a lot of it.

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