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Who was a quadrillionaire?

Published in Financial Errors 1 min read

According to the provided YouTube video reference, someone briefly became a quadrillionaire due to a PayPal glitch.

Here's a breakdown:

  • The Accidental Quadrillionaire: An individual temporarily reached quadrillionaire status.
  • Source of Wealth: This immense wealth wasn't earned; it resulted from an error.
  • PayPal's Role: PayPal was the platform where the error occurred, causing the incorrect balance to appear.
  • Short-lived Reign: The quadrillionaire status was very brief, as PayPal corrected the mistake and restored the account balance.
  • Humble Beginnings: Before the error, the individual had made a small amount of money from selling vintage BMW tires, according to the video.

In summary, while someone momentarily saw a quadrillion-dollar balance, it was due to a technical error, not actual wealth.