What is SpongeBob's Net Worth? 💸 Inside Bikini Bottom Episode 3 - YouTube

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These pants may be square but, how deep are the pockets?
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What is SpongeBob's net worth?
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<i>Well, to answer that we must weigh his</i> <i>yearly earnings against annual expenses.</i>
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<i>Plus his total assets.</i>
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Meow.
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<i>Between a pet snail, home ownership, and</i> <i>constant boating school tuition,</i>
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<i>costs can really add up, even for a workaholic.</i>
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Look Mr. Krabs! Clean floors!
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<i>Question #1. How much money does</i> <i>Spongebob soak up every year?</i>
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<i>As a fry cook at the Krusty Krab,</i> <i>Spongebob is a critical factor</i>
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<i>in Bikini Bottom’s most popular restaurant.</i>
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One Krabby Patty please.
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- Oh! - Mr. Krabs!
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<i>Still his employment under Eugene Krabs</i> <i>only earns this fry cook minimum wage.</i>
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<i>The Krusty Krab hours of operation show us that Spongebob works a total of</i>
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<i>82 hours per week.</i>
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Ah. It warms me wallet to see me employees coming in so early.
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[panting]
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<i>We know Spongebob was hired in 1999.</i>
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For years I’ve been dreaming of this moment!
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<i>And that Bikini Bottom is located within boating distance of California. </i>
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<i>So we can gauge that 82 hours a week</i> <i>at California minimum wage, for 21 years,</i>
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<i>should have earned Mr. Squarepants a total career earnings of over $700,000.</i>
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There ya go! I kinda have more money than I know what to do with right now.
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<i>But, Spongebob wasn’t earning money</i> <i>when he first started at the Krusty Krab.</i>
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<i>Was he?</i>
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When I started working here, I had to pay Mr. Krabs a $100 an hour. A $100 an hour.
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<i>Talk about owing a debt of gratitude.</i> <i>Most trial hiring periods last 3 months or</i>
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<i>roughly 13 weeks.</i> <i>Let’s estimate that</i> <i>Spongebob initially paid Mr. Krabs</i>
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<i>a total of $106,600 when first becoming employed.</i>
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<i>Then there’s one more thing leeching at</i> <i>Mr. Squarepants’ paycheck.</i>
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Oh boy! The mail’s here! What do we have today? Taxes…
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<i>Taxes would cost him on average,</i> <i>$5,362 per year.</i> <i>Between taxes and initial</i>
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<i>debts to Mr. Krabs, this sinks his total career earnings down to</i>
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<i>less than $500,000. That’s right.</i> <i>Say goodbye to over $200,000.</i>
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I don’t need it. I don’t need it.
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<i>Question 2. What are Spongebob’s annual expenses?</i>
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<i>As a sea sponge, Mr. Squarepants isn’t required to consume food</i>
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<i>in order to survive. Though his</i> <i>relationship with Krabby Patties might </i>
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<i>suggest otherwise.</i>
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- But it’s good for you. - Good for you?
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- That thing is a heart attack on a bun! - No Squidward, I meant...
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Good for your soul.
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<i>But assuming that Spongebob doesn’t need to pay for his own Krabby Patties,</i>
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<i>we won’t factor that in.</i> <i>Someone</i> <i>who does need food to survive,</i>
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<i>is Spongebob’s beloved pet, Gary, the snail.</i>
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I have all the cans marked. A can in the morning and a can at night.
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<i>We can assume that Gary’s annual expenses</i> <i>are similar to the standard house snail.</i>
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<i>Which would equal about $200 for food costs, $250 for snail litter, </i>
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and $100 for medical expenses.
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- Yes, yes, it’s just as I thought. - What?
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This is definitely a snail.
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<i>And like fish need gills, the economy needs bills.</i>
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[laughing]
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<i>A gas bill for a one bedroom tropical plant would run about $900 per year.</i>
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<i>And an electricity bill? How about $700 per year.</i>
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Oh!
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[laughing]
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<i>Then of course, there’s boating school tuition.</i>
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Hi Mrs. Puff! Today is the day I’m gonna pass my boating exam.
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We’ll see about that Spongebob.
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<i>Driving lessons cost, on average, $500 per course.</i>
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<i>Most students only need to take driving lessons once or twice.</i>
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<i>But it’s apparent… But it’s apparent this</i> <i>has been a reoccurring expense.</i>
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[moans]
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Don’t worry Mrs. Puff. I’ll try harder next semester.
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<i>No!</i>
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<i>Those are the necessities but what about fun and amusement?</i>
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<i>Between the bubble blowing, trips to Glove World, </i>
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<i>and the occasional splurge at Weenie Hut Jr’s,</i>
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we can assume an additional $1,000 annual entertainment expense.
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I hope this doesn’t put a damper on things. But, I just checked,
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and well, it’s just that all my money is… gone!
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<i>So, where does that leave us after earnings and expenses?</i>
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Just over $400,000.
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- Alright! Give the money! - Will that be from your savings
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- or your checking account sir? - Uh, savings.
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<i>Finally. Question 3. What are Spongebob’s current assets?</i>
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Sir, we are showing a balance of zero dollars and zero cents
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- for both of your accounts. - Oh.
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<i>If Spongebob has no money in the bank,</i>
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then where has all of his earned income gone?
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<i>Well to answer that, let’s review the one major asset owned by Mr. Squarepants.</i>
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♪ Oh, who lives in a pineapple Under the sea ♪
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<i>That’s right. We know that Spongebob</i> <i>paid for his pineapple, in cash.</i>
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It’s beautiful. I’ll take it!
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<i>Now how much is that iconic, orange abode worth? </i>
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<i>Some financial experts have valued this residence at $18,000,000</i><i>?</i>
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Idyllic location, upscale features, and an architectural tour de force.
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This is an exceptional piece of real estate.
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<i>Others have valued this residence at</i> <i>$2.75 per pound. So, which is it?</i>
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Uh… I don’t know.
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<i>We can calculate the median listing</i> <i>price for homes in the region</i>
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<i>at $26.25 per square inch.</i>
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If Spongebob himself is 2 inches tall,
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<i>then we can estimate that this 3-story pineapple is about 942 square inches.</i>
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<i>A total worth of nearly $25,000.</i>
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Ooh!
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<i>But, let’s not forget the biggest</i> <i>variable in real estate.</i>
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<i>Location, location, location.</i>
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<i>Walking distance to all the best spots</i> <i>in Bikini Bottom. </i>
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Expensive views and a lush yard.
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<i>Spongebob’s estate easily</i> <i>floats the value of this property</i>
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<i>up to $600,000.</i>
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Aw! Good old pineapple! It's exactly like it used to be!
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<i>Now, let’s circle back to his savings.</i> <i>It’s clear that Spongebob has</i>
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<i>put all of his extraneous earnings</i> <i>into home renovations.</i>
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<i>If your expected rate of return is 80% of</i> <i>your investment, then a conservative</i>
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<i>estimate of Spongebob’s net worth</i> <i>is nearly $1,000,000!</i>
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- That’s right! - Yeah!
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<i>There you have it. The most expensive piece of fruit in the entire ocean</i>
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<i>is owned by the hardest working</i> <i>fry cook in Bikini Bottom.</i>
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<i>What other questions do you want answered?</i>
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<i>Like and subscribe and get your water wings ready for the next investigative</i>
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<i>deep dive with Inside Bikini Bottom.</i>
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[laughing]
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At first, we didn’t know what to do with all the money.
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We tried burying it,
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- shredding it, - Ah!
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and burning it!
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[screaming]
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But in the end we decided to just give it all away.
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- Come again, sir! - I’m gettin’ back in line!