No, $2 million is median household lifetime earnings if they work for a typical 40 years which is way below the $40 million he's estimating.

Also, you just named two examples of outliers and suggested they were representative of your entire experience. Just glancing at estimates, most are between 10000 and 15000 miles per year as typical for Americans. Europeans are probably lower.

Also, Nick overestimated average driving speed which means he's even further overestimating the cost of not wearing a helmet. I calced it at around $50 per year; $.20 per hour.