Mistake worth $92 Quadrillion dollars by PAYPAL in 2013
When Chris Reynolds opened his June PayPal e-mail statement, something was off.
The Pennsylvania PR executive's account balance had swelled to a whopping $92,233,720,368,547,800.
That's $92 QUADRILLION (and change).
Money that would make Reynolds -- who also sells auto parts on eBay in his spare time -- the richest man in the world by a long shot.
Rich, as in more than a million times richer than Mexican telecom mogul Carlos Slim. And he's worth $67 billion.
Oh, if only.
"It's a curious thing. I don't know, maybe someone was having fun," Reynolds said.
So he logged online, and reality bit back. His account balance read $0. The correct amount.
PayPal admitted the error and offered to donate an unspecified amount of money to a cause of Reynolds' choice.
"This is obviously an error and we appreciate that Mr. Reynolds understood this was the case," PayPal said in a statement.
Before this incident, the most Reynolds ever made on PayPal was "a little over $1,000" selling a set of vintage BMW tires on eBay.
So what would the would-be quadrillionaire have done with all that cash?
"I probably would have paid down the national debt," he said.
Knowledge is key!
Wow this is great.......I once used PayPal I remember
Any way , I guess Paypal will find the error in future. when country GDP is in trillion dollars only how can person generates quadrillion dollars.
All money will be existing in papers only as nobody going to have quadrillion dollars in reality.
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LOL oh how i wished that company would go out of business. Worse place ever for processing transactions as a business. They will hold your money hostage to say the least.
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Never heard of this. I use paypal a lot. very curios, thanks for sharing.
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