PayPal goof makes man overnight quadrillionaire
A computer error from the online payment website temporarily turns Chris Reynolds into the wealthiest person in the world.
Chris Reynolds, a PR executive who also likes to sell car parts on eBay (EBAY), checked an email displaying his PayPal balance for June and was shocked by what he saw. According to the company, he had $92,233,720,368,547,800 in his account, CNN reports.
He was an overnight quadrillionaire -- and by far the wealthiest person in the world. In fact, he could have bought all of eBay at that point.
Reynolds decided to log in to PayPal to investigate, only to discover that PayPal had corrected the error and brought his balance down to a big fat zero. Which is what it should have been all along.
PayPal decided to donate an unspecified amount of money to a charity of Reynolds' choice to make up for the error, CNN reports.
It's America's loss, because Reynolds would have saved our skin with that money, given the chance. "I probably would have paid down the national debt," he told CNN.
- Swearing and nudity may get OK on broadcast TV
- This country is the hardest working in the world
- How taxpayers chip in to make Twinkies
Well, they're running up the debt with money printed out of thin air, why not pay it back with the same kind.
Yeah, I know, it doesn't work like that. I only wish the politicians understood that.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 added just over a point, holding its weekly gain at 1.0% while the Nasdaq lost 0.4%.
The major averages began the day on an upbeat note, but relinquished their opening gains during the first 90 minutes of action. The early sentiment was boosted by a better-than-expected nonfarm payrolls report for February (175K versus Briefing.com consensus 163K), but a closer look into the report suggested that ... More
More Market News
The solid report comes a month after the retailer closed all of its Canadian operations.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'