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What is Mr. Krabs’ Net Worth? 🤑| Inside Bikini Bottom Episode 1 | s - YouTube
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What is Eugene H. Krabs'
net worth really?
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Money!
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With the help of an
accredited financial advisor,
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we sifted through the archived footage
and found out once and for all.
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How much is the Krab worth?
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To deduce this, we had to calculate
his revenues minus his costs
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to determine his lifetime net profits.
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Question one.
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What is Mr. Krabs' annual income
from The Krusty Krab?
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Mr. Krabs frequently exploits
his restaurant's popularity,
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engaging in price gouging
and even charging his employees
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for use of the building's services.
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According to SpongeBob
in Big Pink Loser,
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when he started working,
Mr. Krabs charged him $100 an hour.
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OK, the easiest way to tell how much
Mr. Krabs actually pays his employees
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is by looking at the Krusty Krabs' hours.
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All in all, SpongeBob and Squidward
work 82 hours per week.
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So Squidward and SpongeBob work
a total 4,264 hours a year,
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with no real breaks.
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No one's taken a break at The Krusty Krab
since the chum famine of '59!
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Squidward has admitted
that Mr. Krabs pays minimum wage.
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May I resume my minimum wage duties?
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So what does The Krusty Krab
make in a year?
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Well, we need to look at how many
customers The Krusty Krab has.
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There are 538 residents
of Bikini Bottom total.
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Since The Krusty Krab is the most popular
restaurant in Bikini Bottom,
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it's safe to say the residents
likely visit twice a week on average.
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That would equate to
1,076 customers a week,
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making about 180 customers per day.
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Now, let us observe The Krusty Krab menu,
otherwise known as The Galley Grub.
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A Krabby Meal is three dollars
and fifty cents.
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Our trusted accredited financial advisor
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says we should use that as
our average dollars spent per customer.
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Now let's have him
crunch the numbers for us...
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$630 dollars a day
in Krusty Krab revenue.
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I mean, that means The Krusty Krab
makes $3,780 a week.
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So $1,189 are spent
on employees a week.
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Therefore Mr. Krabs takes
$2,591 a week for himself.
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You heard it here first,
that's some pretty good earnings!
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Gee, thanks, Mr. Krabs!
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I thought you were a cheap, old tightwad!
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But how does this pan out annually?
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I'm going to assume that Mr. Krabs
gives SpongeBob and Squidward
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the lowest benefits package,
meaning no 401 K contributions.
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Healthcare, life insurance,
commuter benefits, supplemental pay,
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wellness program, paid leave, pension
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and, he absolutely does not pay overtime.
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With this info, we can calculate
their yearly salaries.
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Wow, that's more than I make in a year!
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SpongeBob and Squidward make
an annual income of about $30,000 a year.
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OK, question two.
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What are Mr. Krabs' other expenses?
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May I take your money?
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We can assume he does minimal shopping.
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He wears the same outfit every day.
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He also pays little to no taxes,
does not engage in philanthropy,
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has no marketing budget
and keeps his margins remarkably low.
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Even stealing wholesale goods
for The Krusty Krab!
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He also surprisingly
does not have any debt,
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but there are a few things
he does pay for...
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You're spoiling me, Mr. Krabs!
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Number one
His girlfriend, Mrs. Puff.
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Nothing's too good for you,
my prickly peach!
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On average, Mr. Krabs takes Mrs. Puff
out on a date once a week.
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He obviously likes to keep it cheap,
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spending no more than $60
on a date at a time.
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$60 a week multiplied by 52 weeks...
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That's $3,120 per year
spent on Mrs. Puff.
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Number two.
His house.
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Mr. Krabs' home is also
a valuable fixed asset of his.
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Mr. Krabs' house has an estimated
cash equivalent value of $120,000!
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Number three.
His daughter, Pearl.
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As mentioned earlier, Mr. Krabs
has very few financial weaknesses,
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but his daughter Pearl
is definitely one of them.
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The average individual spends
around $13,000 per year on a child.
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So it's safe to assume Mr. Krabs
spends around $10,000 a year on Pearl.
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Only $10,000!
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Question three.
Just how rich is Mr. Krabs today?
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It's safe to assume he started depositing
$10,000 in a money market account
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with a %2 annual interest rate.
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So, let's put all the numbers together.
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Cue our financial wizard!
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Mr. Krabs has a net worth of...
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[drum roll]
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$5,249,351!
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Huh!
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Who's his financial advisor?
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Would ya look at that?
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His millionaire status is
actually confirmed by the Krab himself!
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This is my one millionth dollar earned!
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So, you ask, is Mr. Krabs filthy rich?
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And I answer, undoubtedly, me boy!
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That's all for today, folks.
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Drop a comment below and let us know
what you want us to figure out
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in the next episode of
Inside Bikini Bottom.
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Show's over, cheapskate!
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