PayPal accidentally credits man USD 92 quadrillion

PayPal, the online money- transfer company, has accidentally credited a man in Delaware a whopping $92,233,720,368,547,800, making him by far the richest man in the world

Press Trust of India New York
Last Updated : Jul 17 2013 | 8:37 PM IST
Oops! PayPal, the online money- transfer company, has accidentally credited a man in Delaware a whopping $92,233,720,368,547,800, making him by far the richest man in the world.

Chris Reynolds, 56, said he was shocked when he received his monthly statement via e-mail from PayPal last week, with an ending balance of $92 quadrillion, over a million times richer than the world's richest man, Carlos Slim.

The fortune of Slim, a Mexican telecommunications mogul, would pale in comparison at a mere $73 billion.

Also Read

'I'm just feeling like a million bucks,' Reynolds was quoted as saying by the Philadelphia Daily News. 'At first I thought that I owed quadrillions. It was quite a big surprise.'

Reynolds said he has been a PayPal customer for about 10 years and uses it to buy and sell items on eBay, including vintage car parts. He said he usually spends no more than $100 a month using PayPal.

After absorbing the initial shock, Reynolds logged on to PayPal's site and saw that his balance was listed there as $0.

If the prodigious account credit were true, Reynolds - who with his wife owns Reynolds Ink, a public-relations firm - said he would pay down debts with the money.

'I'm a very responsible guy,' he said. 'I would pay the national debt down first.'

PayPal has 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,' CNN quoted PayPal as saying in a statement.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 17 2013 | 7:55 PM IST

Next Story