$92 quadrillion Paypal mistake makes Pennsylvania man the “new world’s richest man”

By on Jul 18, 2013 in United States, Weird Comments

$92 quadrillion. Yes, this is the amount that Paypal recently sent Chris Reynolds of Pennsylvania, which now makes him “the new richest man in the world.” Well, of course, Reynolds, a PR executive, knows this is only an error by Paypal, but he still finds it amusing to share. And it eventually went viral.

According to New York Daily News this Wednesday, July 17, 2013, Reynolds, 56, recently received an email notification from Paypal, stating that he is receiving a whopping $92 quadrillion, or $92,233,720,368,547,800.00 to be exact. That is now the largest online-money transfer ever.

“It’s a number you don’t see written out very often, even in national finance circles. My thought was a) it’s a mistake and b) it’s a BIG mistake. It was more funny than elating.” Chris Reynolds told the paper. He said he logged in to his PayPal account to find his balance is now zero, the correct amount.

“I think I would pay down the national debt. I would definitely buy the Phillies because I love the team and it would be within my budget. … The rest I’d invest.” Reynolds added, who posted the $92 quadrillion statement from Paypal on his Facebook page after a friend suggested to him.

“I had no idea there would be a media frenzy. It was on Facebook and no cats were involved.” Reynolds joked, noting that it feels good to be quadrillionaire that sometime in his life. In fact, he is a million times richer than Carlos Slim, the world’s richest man from 2010 to 2013.

Slim, 76, is the Mexican business magnate who has an estimated net worth of $75.5 billion, according to Bloomberg Billionaires Index in December 2012. But last May, Bloomberg reported that Bill Gates regained the world’s richest man title, and is now valued at $72.7 billion. This is because Slim‘s fortune had a $3 billion reduction.

$92 quadrillion Paypal error
$92 quadrillion Paypal error
Credit: Chris Reynolds

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