Current Affairs is

Ad-Free

and depends entirely on YOUR support.

Can you help?

Subscribe from 16 cents a day ($5 per month)

Royalty reading issues of Current Affairs and frowning with distaste. "Proud to be a magazine that most royals dislike."

Current Affairs

A Magazine of Politics and Culture

A City’s Shopping List

What will your city buy when its billionaires are expropriated?

Estimates of Jeff Bezos’ wealth vary, but according to a January report from Bloomberg, the zero-tax-paying, warehouse-worker-abusing, dick-pic-sending Amazon founder has a net worth of $137 billion. As per the terms of his contentious divorce settlement, his entire fortune (yes, estimated net worth and all, not even liquid assets!) has been bestowed upon a random medium-sized U.S. city of 150,000 people. What will this lucky city be able to buy with $137,000,000,000? Much, much, much more than you’d think.

  • Breakfast, lunch, and dinner ($20 per meal) for every city resident, every single day, for 10 years: $32.85 billion
  • 10 percent down payment on a home for every family (based on median U.S. housing price of $200,000, and assuming one house for every two people): $1.5 billion
  • Monthly mortgage payment for every home for 10 years, excluding taxes and insurance: $8.08 billion
  • Retrofit every home for the Green New Deal (using Bloomberg’s high-end estimate of $100,000 per house, again assuming one house for every two people): $7.5 billion
  • Install a lovely rooftop garden on every home: $112.5 million
  • Build 10 stunningly beautiful public libraries (10 million apiece): $100 million
  • Operate a state-of-the-art library system for 10 years: $200 million
  • Every resident gets a Shetland pony ($1,000 per pony): $150 million
  • Shetland pony upkeep for 10 years (presuming an annual per pony cost of $5,000 a year): $7.5 billion
  • Every household gets a top-of-the-line hot tub with massage jets ($10,000 each): $750 million
  • High-speed, carbon-neutral, accessible light rail system with 10 stations (rounding up to account for typical American grift, corruption, and outrageous consultancy fees): $3 billion
  • 1000 high-quality massage chairs on each one of the 10 light rail station platforms ($5,000 per chair): $50 million
  • Public education for every child for 10 years (children are, on average, 22.4 percent of population, so 33,600 children x annual above-average public education cost of $15,000 per child x 10 years): $5.04 billion
  • College education for all current residents (assuming the average cost of tuition at a four-year private college of $35,000 per year): $21 billion
  • Expert daycare for 10 years (33,600 children at $20,000 per child): $6.72 billion
  • Mechanical mobility-squids (an average of 10 percent of the population has mobility issues and the mecha-squids cost $2,000 each, plus R&D expenditures of 2 billion with room in the budget for cost overruns): $2.75 billion
  • Annual voucher for a pair of cool $100 sneakers for all residents for 10 years: $150 million
  • Working with a nature conservancy group to plant 1 million trees in and around the city: $3 million
  • Universal basic income of $2,000 a month per citizen for 10 years: $36 billion
  • Extraordinary pyrotechnic concerts every weekend for 10 years, booking the best acts, compensating them and the stage crew handsomely (each concert has a $3 million budget): $1.56 billion
  • Ecstatic Mardi Gras parades every day of February for 10 years (based on the budget of the most expensive krewe in New Orleans and rounded up for non-toxic beads): $1.9845 billion

Grand Total: $137,000,000,000

If you enjoyed this article, please consider subscribing to our magnificent print edition or making a donation. Current Affairs is 100% reader-supported.

More In: Frivolity & Amusement

Cover of latest issue of print magazine

Announcing Our Newest Issue

Featuring

Celebrating our Ninth Year of publication! Lots to stimulate your brain with in this issue: how to address the crisis of pedestrian deaths (hint: stop blaming cars!), the meaning of modern art, is political poetry any good?, and the colonial adventures of Tinin. Plus Karl Marx and the new Gorilla Diet!

The Latest From Current Affairs