The difference between a million and a billion dollars [with graphic]

When reading over earnings reports, doing valuation assessments, trying to visualize someone’s wealth accumulation, or running any other financial analysis, it’s sometimes hard to conceptualize the difference between two very large financial sums.

To that end, here’s a helpful visual on the massive difference between $1 million and $1 billion, from Abu Amin on Quora:


One million vs. one billion

A billion dollars looks like this in $100 dollar bills. You’d need ten forklift rides to cart it around:





For comparison, a million dollars in $100 dollar bills looks like this… a backpack would do:






So, when Apple announces it did $39 billion in revenue last quarter, and has over $110 billion in cash reserves… you can get a better sense of what that’s all about.


Continue learning: Covestor Surpasses $1 Billion in Trades and Introduces Next Generation of Portfolio Sync


Author profile

Mick Weinstein
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion.

Mick is a graduate of the University of Michigan, Ann Arbor.