[Sticw]

Assuming a very low fee of 4% on fund value of 11bil... It works out as:

There you have it! We will give you the answer to 4 percent of 11 billion in numbers (digits) and then with words (letters). We start with numbers:

$440,000,000

$440mil per year of fund mgt fee is extremely sizable...

A person with big potential earnings of annually $440mil or let's just assume he takes 10% of that which works out to be $44mil... Why bother with a $2mil President post leh? Lol

Food for thought...