Feeds

Paypal makes man 1000x as rich as the ENTIRE HUMAN RACE

Chap briefly finds himself a megabillionaire in statement whoopsie

Internet Security Threat Report 2014

A public relations boss briefly became the world's first quadrillionaire after a PayPal slip-up made him the richest man on the planet.

Chris Reynolds, from Delaware, opened up his monthly PayPal statement and was astonished to find he had suddenly been handed a whopping $92,233,720,368,547,800 - roughly 1000 times as much as the GDP of the entire world, which was a relatively paltry $84.97 trillion in 2012, according to the CIA World Factbook.

Somewhat ironically, Reynolds told the Philadelphia Daily News the error made him feel "like a million bucks", after he overcame his initial jitters. "At first, I thought that I owed quadrillions. It was quite a big surprise," he said.

Reynolds said he had generally used his PayPal account to buy vintage car parts, but the quadrillionaire quickly planned what to spend his newfound wealth on.

“I’m a very responsible guy,” he said. “I would pay the national debt down first," he told the local paper. "Then I would buy the Phillies*, if I could get a great price.”

Although his fortune would have made him 1,268,689 times richer than Bill Gates, who's worth about $72.7bn, Reynolds' time as the richest man in the known universe was shortlived. He logged into his account excitedly and was disappointed to see that his account registered only a big fat zero.

Now it's back to work for Reynolds, who runs a PR firm that boasts clients including the Kennel Club of Philadelphia and the Pennsylvania Land Title Association.

Paypal has not commented on the mistake, saying it does not discuss individual customers' accounts for privacy reasons.

However, the payment service did write back to the PR guy and father-of-three. "The sad part is that I got word that they still need me to renew the credit card that's attached to this account," he said. "So, even though I have 90 quadrillion dollars, they still don't trust me." ®

* For Blighty readers - Philadelphia's Major League Baseball team.

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Criticism of Uber's journo-Data Analytics plan is an Attack on DIGITAL FREEDOM
First they came for Emil – and I'm damn well SPEAKING OUT
'It is comforting to know where your data centres are.' UK.GOV does NOT
Plus: Anons are 'wannabes', KKK says, before being pwned
Google's whois results say it's a lousy smut searcher
Run whois google.com or whois microsoft.com. We dare you, you PIG◙◙◙◙ER
Holy vintage vehicles! Earliest known official Batmobile goes on sale
Riddle me this: are you prepared to pay US$180k?
'Open source just means big companies can steal your code.' O RLY?
Plus: Flame of the Week returns, for one night only!
NEWSFLASH: It's time to ditch dullard Facebook chums
Everything hot in tech, courtesy of avian anchor Regina Eggbert
Hey, you, PHONE-FACE! Kickstarter in-car mobe mount will EMBED your phone into your MUG
Stick it on the steering wheel and wait for the airbag to fire
prev story

Whitepapers

10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
The total economic impact of Druva inSync
Examining the ROI enterprises may realize by implementing inSync, as they look to improve backup and recovery of endpoint data in a cost-effective manner.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.