ladbible homepage
ladbible homepage
  • iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK
    • US
    • World
    • Ireland
    • Australia
    • Science
    • Crime
    • Weather
  • Entertainment
    • Celebrity
    • TV
    • Film
    • Music
    • Gaming
    • Netflix
    • Disney
  • Sport
  • Technology
  • Travel
  • Lifestyle
  • Money
  • Originals
    • FFS PRODUCTIONS
    • Say Maaate to a Mate
    • Daily Ladness
    • UOKM8?
    • FreeToBe
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Submit Your Content Here
  • SPORTbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
Richest man of all-time gained and lost his entire wealth in two minutes

Home> News> US News

Updated 17:23 11 Feb 2024 GMTPublished 17:24 11 Feb 2024 GMT

Richest man of all-time gained and lost his entire wealth in two minutes

He opened up his PayPal account to discover he was a multi-quadrillionaire

Claire Reid

Claire Reid

google discoverFollow us on Google Discover

Most of us have spent some time imagining what we’d do if we won the lottery or somehow became a millionaire another way, haven’t we?

Whether you dream of dramatically quitting your job, booking yourself the holiday of a lifetime or sorting out your loved ones for the rest of their lives - most of us have few ideas of how we’d set about spending your millions.

But what if instead of dreaming it, the money actually landed in your account? And I’m not talking millions - but multi-quadrillions.

Advert

Well, that’s exactly what happened to one bloke from the US who became the richest person of all-time for a very brief moment before he lost it all again a short while later. Easy come, easy go, eh?

Chris Reynolds opened his PayPal account one day in July 2013 to find his account had been credited with a whopping $92 quadrillion - $92,233,720,368,547,800 (£73,033,270,002,102,580) to be exact - briefly making him the richest man and the only quadrillionaire to walk the Earth.

The richest man in the world... for 2 minutes in 2013.
NBC

Various news outlets that had caught wind of the event were quick to point out that, at the time, the Delaware County man was a million times richer than telecom mogul Carlos Slim, who's net worth was a gigantic $67 billion.

Recounting the moment, Reynolds told CNN: "It’s a curious thing,"

“I don’t know, maybe someone was having fun.”

It must have been quite a shock to the system for Reynolds as he recalled that the most he'd ever made through PayPal was ‘a little over $1,000’ from selling some vintage BMW tyres on eBay.

Unfortunately, as all good things do come to an end, with PayPal quickly realising their error and correcting the issue, apologising to Reynolds for the 'inconvenience' caused.

PayPal released a statement saying: “This is obviously an error and we appreciate that Mr. Reynolds understood this was the case.”

The online payment service offered to donate a sum of money to a charity of Reynold's choice as payment for the mishap.

Chris Reynolds' whopping PayPal balance.
PayPal/Chris Reynolds

A later statement then said: "We think it's inspiring that he decided to use this occurrence to donate to a cause he believes in.

"And we hope to honour this spirit by donating to a cause of his choice – we've reached out to him to make this offer and to let him know we are grateful that he's a customer!"

In an interview with Philadelphia Daily News, who originally broke the wild story, Reynolds told the reporter that seeing those figures on his account made him feel ‘like a million bucks’.

“It was quite a big surprise," said Reynolds, admitting he originally thought it meant he owed the money and not that it was in his possession at the time.

The news outlet asked Reynolds what he would have done with the money if he could have kept it, to which he said he'd 'pay the national debt down', adding that he would buy 'the Phillies' (the baseball franchise, if you were wondering) if he could get a good price.

Featured Image Credit: NBC/PayPal

Topics: Money, US News, Weird

Claire Reid
Claire Reid

Claire is a journalist at LADbible who, after dossing around for a few years, went to Liverpool John Moores University. She graduated with a degree in Journalism and a whole load of debt. When not writing words in exchange for money she is usually at home watching serial killer documentaries surrounded by cats. You can contact Claire at [email protected]

Recommended reads

Man diagnosed with autism aged 42 shares signs that were ‘misdiagnosed’ for yearsTikTok/millennialdadDoctor explains who really needs to take Omega-3 supplement that is one of most common in world(Getty Stock Images)Single mum shares dark reality of OnlyFans as she vows to never touch it againX/Emmerald BarwiseHow position of ‘black band’ tattoo can have very different meanings as X-rated meaning sharedTikTok

Advert

Choose your content:

9 hours ago
10 hours ago
11 hours ago
12 hours ago
  • TikTok/millennialdad
    9 hours ago

    Man diagnosed with autism aged 42 shares signs that were ‘misdiagnosed’ for years

    Tyler Barnett said he felt 'so much relief' after finally getting the answers he had been searching for all of his life

    News
  • (Solent News)
    10 hours ago

    Jeremy Clarkson makes offer to four-year-old girl who had egg stall stolen while celebrating birthday

    The Clarkson's Farm star made a generous offer after Maisie Willis had her egg stand stolen

    News
  • YouTube/@Lord Miles
    11 hours ago

    Man snuck onto Snake Island where no human is allowed to visit

    "Many have been to this island and very few have gotten out"

    News
  • PA
    12 hours ago

    Tragic reality as ‘war zone’ stomach bug left eight dead in Cape Verde with 2,000 tourists taking legal action

    Eight visitors have died many others are severely ill following an outbreak of stomach illnesses in Cape Verde

    News
  • Woman woke up after being 'dead' for 27 minutes then scribbled spine-chilling message
  • Inside US town where almost all of entire population lives inside the same building
  • Britain’s richest artist gives girlfriend bizarre birthday cake of unborn child
  • Hilariously short time it takes Taylor Swift to earn Brock Purdy's entire 'low' NFL salary