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Conquest351
Conquest351 UltraDork
7/30/13 1:33 p.m.

Just a fun game. No, I'm not a billionaire suddenly. Say you become a billionaire, overnight, some unknown relative leaves you something like $4 Billion. What's the first 5 things you do?

Ready?

GO!!

Duke
Duke PowerDork
7/30/13 1:35 p.m.

Retire.
Retire.
Retire.
Retire.
Retire.

I'll figure out the rest once I'm retired.

Spinout007
Spinout007 GRM+ Memberand UltraDork
7/30/13 1:38 p.m.

Retire, buy island, buy mountain, buy amphibious aircraft to bounce between em, surprise a few random people a year with a years salary.

Wxdude10
Wxdude10 New Reader
7/30/13 1:38 p.m.

Well, I'd buy you a K-Car...

A nice reliant automobile....

tuna55
tuna55 PowerDork
7/30/13 1:38 p.m.
  1. Retire
  2. pay off debt for family (extended)
  3. Give away money in interesting and fun ways
  4. Enter $2013 Challenge 50 times
  5. Sleep
Adrian_Thompson
Adrian_Thompson UberDork
7/30/13 1:50 p.m.
  1. Hire team of accountants, investment advisors and legal team with double redundancy to make sure I’m not being ripped off by one of them and make sure money is safely stashed away and invested for generations and generations to come.
  2. Set up trust funds for family
  3. Take leave of absence
  4. Buy houses in Northern Mi, Colorado, Florida and England
  5. Return to work and quit.
  6. Pay off debts of extended family and friends and sprinkle gifts around at a kick ass party.
  7. Vanish (right after party) on extended trip before leeches come out of woodwork
  8. Start car collection centering around 60's-80's F1, sport prototypes and road cars, get planning permission for multi-use motorsports complex inc track, autocross, rally cross and maybe limited stage rally.
  9. Start influencing political campaigns
  10. I know you said 5, but I'm a billionaire now so I can do what the berkeley I like
Bobzilla
Bobzilla UberDork
7/30/13 1:51 p.m.
Wxdude10 wrote: Well, I'd buy you a K-Car... A nice reliant automobile....

Don't forget the green dress.... but not a real green dress, that's cruel.

Pay off everything I,my parents, inlaws and b-i-l's owe. Set up a trust fund for my nephews. Buy several nice vacation homes across the country/world. Give my boss 4 weeks notice and plan on taking 18 months off of work to do NOTHING. Build one massive garage/shop with every tool/equipment one could ever want then let any of my friends and family come use it.... and pay a crew to clean up when we/they are done.

Lastly.... I would buy the 258 acres for sale 5 miles from my house. I would pave it, install perimeter lights, a fence and 2 sets of restrooms along with a large covered area with electricity outlets. Then offer it to the local SCCA region to use as much as they want for $1 per event as long as they help maintain it. Half asphalt, half concrete.

Javelin
Javelin GRM+ Memberand MegaDork
7/30/13 1:51 p.m.

slowride
slowride Reader
7/30/13 1:53 p.m.
  1. Pay off debt
  2. Quit job
  3. Set up some kind of investment so I can live off the interest
  4. Move to the country
  5. Live
oldtin
oldtin UltraDork
7/30/13 1:56 p.m.
  1. start a race team or two
  2. buy/start resto/fab shop or series of them
  3. buy a couple healthcare businesses
  4. jet - falcons and gulfstreams are nice
  5. buy some land/farm
logdog
logdog GRM+ Memberand Dork
7/30/13 1:59 p.m.
  1. buy one of everything from the "Everythings $1" store.

  2. Pay the shipping everytime somebody says "I would buy that if you were not so far" on a random automotive forum.

  3. Start a magazine dedicated to bumper stickers

  4. Erect a Robocop 3 statue in Detroit

  5. Finally get that "Underwater Basket Weaving" degree I have heard so much about.

Javelin
Javelin GRM+ Memberand MegaDork
7/30/13 2:00 p.m.
  1. Start a business, probably a race track.
  2. Pay off debts for family & friends and anybody else I damn well feel like.
  3. Buy a plane with a pilot to cart me around where I want to go.
  4. All the cars. One of everything AMC, a bunch of sports cars and muscle cars, some Ferrari's, a bunch of vintage racers, and every cheap POS I see on craigslist for a year.
  5. Buy all my GRM buddies the car/project of their dreams and fly them to my new track for a delivery party.
logdog
logdog GRM+ Memberand Dork
7/30/13 2:00 p.m.
Wxdude10 wrote: Well, I'd buy you a K-Car... A nice reliant automobile....

This is the billionaire game, not the millionaire one

nderwater
nderwater UberDork
7/30/13 2:02 p.m.

You can spend a million pretty quickly, but billion with a B puts you in a whole different league.

My coworkers specialize in managing the money of the rich and super rich. First thing I'd do is hit one up to set me up with financial strategy that mitigates the worst of the tax liabilities.

Next up would be a rigorous financial plan, including setting up trusts to take care of the rest of my family.

Then would come the big family decisions to improve our quality of life - What's most important to us? What would we like to do with our lives? Where would we like to live?

The rest of the stuff - houses and cars and travel and events and memberships are details that come after the big decisions are made.

My personal dreams:
- Become a licensed club racer, complete at least a season of racing
- Secure a driving season with a team in a pro sprint series
- Secure a season with a team in a pro endurance series
- Eventually race at Le Mans

93EXCivic
93EXCivic MegaDork
7/30/13 2:02 p.m.
  1. Hire accounts and lawyers to protect my money and make it grow.
  2. Buy Newcastle United
  3. Find a different job (like working on old racecars or something).
  4. Build a house.
  5. Set up a scholarship fund.
  6. Collect some cars.
Bobzilla
Bobzilla UberDork
7/30/13 2:10 p.m.
logdog wrote:
Wxdude10 wrote: Well, I'd buy you a K-Car... A nice reliant automobile....
This is the billionaire game, not the millionaire one

Inflation. That song is getting old.

Ian F
Ian F PowerDork
7/30/13 2:17 p.m.
  1. pay for surgery to fix my effing shoulder
  2. buy a house with a nice 3-4 car garage
  3. have my house fix/renovated, then donate to Habitat for Humanity
  4. set up a trust fund for my favorite classical radio station so they can stop begging and go back to more live hosts.
  5. buy an RV with an trailer enclosed trailer; go find/buy the Group 44 GT6; set off on the vintage racing circuit.
Kenny_McCormic
Kenny_McCormic SuperDork
7/30/13 2:18 p.m.
  1. Secure my money, make it make me money.
  2. A lot of shenanigans(I would still drive my stock 1988 Yugo GV, just to name a single example).
  3. Take care of close friends/family(not many people there who both need it and aren't shiny happy people). 4-5, berkeley you, I'm rich, I'll make my list as short as I care to.
Apexcarver
Apexcarver PowerDork
7/30/13 2:21 p.m.

Hire Lawyers / Accountants

Purchase large swath of land in country

Pave it into a private track / build house/clubhouse/garage

Purchase a number of automotive toys (hello private formula ford fleet?)

Throw party for all of my friends (then another GRM board party)

fritzsch
fritzsch HalfDork
7/30/13 2:23 p.m.

Probably also hook all my friends and family up with 5mil, thats 50,000 for 100 years. A lot would be donated and then I would spend my life doing whatever I want

Appleseed
Appleseed UltimaDork
7/30/13 2:27 p.m.
  1. Offer everyone at work (Sam's Club) to quit for $20,000 each. Wait until busy day, like right before Thanks giving.

  2. Buy P-51. Fly daily.

  3. Buy Su-27. Fly daily. (Yes, they are for sale.)

  4. Invest. Stock options, bonds, etc... Mostly to pay for fuel for the Su-27.

  5. Two or three modest houses in Alaska, Montana and California, respectively.

Conquest351
Conquest351 UltraDork
7/30/13 2:29 p.m.

I see one common trait in all these posts which makes me love you guys even more. You all want to pay off family and friends debts and do good in the community. This is why I like you guys so damn much.

PHeller
PHeller UberDork
7/30/13 2:31 p.m.

I'd probably get married, fly the entire guest list to some amazing place. My bachelor party would be at an offroad park with every available offroad toy including rally cars. Honeymoon would be property shopping in the Caribbean aboard a yacht. I'd make my new wife director of a refugee resettlement non-profit, and I'd probably employ fair-wage ex-refugees in some sort of farm setting.

I'd start a mountain biking land trust, purchase a few mountains that would be mountain biking and hiking only and travel around to them to build trails employing disadvantage inner city youths and refugees.

PHeller
PHeller UberDork
7/30/13 2:33 p.m.

Oh and I wouldn't step foot in an aircraft for any reason, ever. Not worth the discomfort. I'd probably travel via boat and give people free rides to places they couldn't otherwise visit.

scardeal
scardeal Dork
7/30/13 2:47 p.m.
  1. Pay off debts (including taxes related to inheritance)
  2. Secure the funds for the future (investments, lawyers, oh my!)
  3. Donate 10% to the Church (split between my home parish, several dioceses and the Vatican directly)
  4. Probably donate another 10% to direct charities.
  5. Buy some stuff. Including the company I currently work for.
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