PayPal User Gets Shocking Credit for $92 … Quadrillion!

by William White | July 17, 2013 1:37 pm

PayPal User Gets Shocking Credit for $92 … Quadrillion!

PayPal185 PayPal User Gets Shocking Credit for $92 ... Quadrillion![1]Ebay’s (EBAY[2]) e-commerce business Paypal, made a mistake Friday[3] when it credited a man $92 quadrillion.

Chris Reynolds, 56, logged onto Paypal to check his balance, but he didn’t expect to see $92,233,720,368,547,800 sitting in his account, reports the Daily News.

“It’s a number you don’t see written out very often, even in national finance circles,” Reynolds told the Daily News. “My thought was a) it’s a mistake and b) it’s a BIG mistake. It was more funny than elating.

When Reynolds’ logged back into his account his balance had been returned to $0. Paypal offered to donate an undisclosed amount to any nonprofit charity of Reynolds’ choice as an apology. Reynolds has yet to name an organization to donate the money to, reports the Daily News.

When asked by the Daily News what he would have done if he actually had the money Reynolds replied, “”I think I would pay down the national debt. I would definitely buy the Phillies because I love the team and it would be within my budget. … The rest I’d invest.”

$92 quadrillion would have made Reynolds the richest man in the world[4], surpassing Carlos Slim, who is worth $67 billion.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2012/08/PayPal185.jpg
  2. EBAY: http://studio-5.financialcontent.com/investplace/quote?Symbol=EBAY
  3. made a mistake Friday: http://www.nydailynews.com/news/national/paypal-glitch-man-quadrillionaire-article-1.1401087
  4. the richest man in the world: http://www.cnn.com/2013/07/17/tech/paypal-error/index.html?hpt=hp_t3

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