What would you do with $425M?

Jack21222

Most of it would be given away to family members and my favorite charities. I'd probably keep about $50m for myself. I'd take a few million and buy rental properties for some long-term steady income (if I were to buy 10 copies of the property I already own, and get the same amount in rent, that's ~8k per month after expenses). This will insure that if I ever did go crazy and spend all my cash, I still have income. I'd set aside ~10 million for me to buy whatever the heck I wanted with it (in an initial burst of spending), and another ~10 million to do weird things with.

What do I mean by weird things? I'm not quite sure. Maybe a million will go to opening an experimental business. A strip club bingo hall or something. Maybe I'll walk into a 7-11 and buy literally everything off of every shelf. Maybe I'll buy a dozen mattresses and completely fill a room in my house with them, making it a literal "bed room". I don't know, but that would be my money for fun.

Anything left over gets invested conservatively until I found a better use for it.

Yeah... maybe I'll throw 2 dollars on this power ball.

lisab

I'd give a lot away, but the takers would have to promise to never ask me for money again.

Then I'd have the nicest little farm you could imagine.

Borek

Bora Bora PF gathering, finally.

AbsoluteZer0

Donate $420M to Charity and invest the rest.
But who knows if the $420M would even find good use by the charity organizations... as the Joker once said, "When the chips are down, these civilized people, they'll eat themselves."

mheslep

The tax man cometh.

The keepings are a little more than a third of the advertised amount after federal/state/local taxes and and lump sum fractional payouts, so start with ~$150M of the $425M. Less than that when figuring in the sales taxes if purchases are made, say on Turbo's get away home. But hey, the rich, even the new or briefly rich, must pay "their fair share."

mheslep

Quote by Jobrag

$424,999,900 on fast cars, faster women and booze, I'd squander the rest.

Apparently a year of hookers, booze, and dancers costs exactly $76.5K.
http://www.dailymotion.com/video/xqv...ers_shortfilms (@1:30)

nitsuj

Quote by jack21222

maybe i'll buy a dozen mattresses and completely fill a room in my house with them, making it a literal "bed room".

This!

But for real, I'd love to try car racing, small plane flying.

lisab Mentor	I'd give a lot away, but the takers would have to promise to never ask me for money again. Then I'd have the nicest little farm you could imagine.

AbsoluteZer0	Donate $420M to Charity and invest the rest. But who knows if the $420M would even find good use by the charity organizations... as the Joker once said, "When the chips are down, these civilized people, they'll eat themselves."

mheslep Recognitions: Gold Member	The tax man cometh. The keepings are a little more than a third of the advertised amount after federal/state/local taxes and and lump sum fractional payouts, so start with ~$150M of the $425M. Less than that when figuring in the sales taxes if purchases are made, say on Turbo's get away home. But hey, the rich, even the new or briefly rich, must pay "their fair share."