Bill Gates' Bankruptcy Puzzle - Bill Gates wanted to enroll himself for our math circle class. I told him I normally charge kids Rs 5000 for the class, and for him I would charge $200, and indicated that we may have 10 classes for that. Bill Gates came back with a request for a discount. So I told him, fine, you pay me $1 for the first class, $2 for the next, $4 for the next and so on. He readily agreed. He came back after 3 months to pay the amount, and wasn't happy about the discount anymore. Why? What would happen if we continued this arrangement for a year? ($1T - more than 12 times of Bill Gates' worth of $80B) In one more quarter, I would own more than total world's wealth ($200 Trillion).