£100,000,000

Posted by: Steve2701 on 20 January 2006

EuroMillions... next week estimated jackpot.

Is it me or is that a fairly obscene amount of money to win?

It would change your lifestyle somewhat, eh?

would it actually be fun or a severe burden to win THAT much money.

Surely that much money = power, not just wealth!
Posted on: 20 January 2006 by Tony Lockhart
I think I'd invest a mill and blow the rest!


Eventually.

I know what you mean though. I can imagine winning 1 million and spending/investing it. I'd smile a lot more, but I'd cope.
100 million? Well, a few friends, family and charities would be better off.... But the interest would be what? £5m per annum? Eeek.

Tony
Posted on: 20 January 2006 by Don Atkinson
quote:
But the interest would be what? £5m per annum? Eeek



so, not quite enough to set up a Formula 1 Team, but heading in the right direction eh?

Cheers

Don

PS bad luck about the recent job prospect, any parallel developments ?
Posted on: 20 January 2006 by Nime
There's always an overdraft?
Posted on: 20 January 2006 by Roy T
quote:
Originally posted by Steve2701:
EuroMillions... next week estimated jackpot.

Is it me or is that a fairly obscene amount of money to win?

It would change your lifestyle somewhat, eh?

would it actually be fun or a severe burden to win THAT much money.

Surely that much money = power, not just wealth!


I watched The World According to Google and the last few moments were about the two founders who are worth (since going public) at least USD 11B each. Now they don't go into the office all that much, they are a bit withdrawn and according to the talking head they are starting to feel the pressure caused by the USD 11B - they have more money and power than a king of old and it is starting to tell upon them. They are trying to keep both feet on the ground and not let the money whisk them away into La-La land, their bigger problem is that of making sure that the company does no evil. At this moment in time I think that their reach still exceeds their grasp but for how much longer will this still be true?
Posted on: 21 January 2006 by Tony Lockhart
"PS bad luck about the recent job prospect, any parallel developments ?"...

Nothing yet. There are a fair number of jobs on autosport.com, but nothing appropriate. I'll be keeping my eyes open, and I'll be shouting from the rooftops if I'm successful.

Tony
Posted on: 21 January 2006 by videocrew
put another way, with that amount of money you could put it in an ordinary savings account (about 3% interest here) and have a pre-tax income of 3 million pounds per year, and NEVER actually spend any money! or, with a qualified financial planner, you could be getting 12-14 million pounds fairly easily. that much money makes more money quite expediently.
Posted on: 21 January 2006 by JamieWednesday
Me, to misquote the infamous, I'd spend some on women, fast cars and booze and then waste the rest.
Posted on: 21 January 2006 by Polarbear
All in a weeks work lol
Posted on: 21 January 2006 by Rasher
Thing is, it wouldn't be much fun unless your friends had enough to retire and spend too, so my first thing would be to share it out to them. Then we could all party forever. Otherwise you could end up very lonely.
So....who wants to be my friend then? Winker
Posted on: 21 January 2006 by Nime
quote:
Originally posted by Rasher:

So....who wants to be my friend then? Winker


Show us the money first! Smile
Posted on: 21 January 2006 by Rasher
Frown You sure know how to hurt someone
Posted on: 21 January 2006 by Nime
Quite unintentionally I assure you. Smile

How does one cope with vast riches without losing the plot? Toys and more toys, see the world then give some away to ease the nagging conscience? Then what?

The world is full of grinding poverty and misery. Any attempt to redress the balance with such a small sum would be a mere drop in the ocean.
Where exactly could you inject a suitable amount to actually improve the world most per pound donated?

Ideas on a postacard to:
Posted on: 21 January 2006 by Roy T
You could if you wish use some of the cash to assuage your feelings of guilt at being made rich by an act of pure chance rather than the result of a days work (work ethic at work?). You could pay others to apply your cash in a direction of your choice much like Bill and Melinda have done with you doing the rounds of charity dinners meeting greeting and pressing the flesh whilst other (family members plus professionals) toil at distributing your largess as per your instructions. Sounds good to me or you could be a bit more active and fill your day with work not pleasure, both are good as long as the charity work gets done. Friends and family – put them on the payroll (not too bigger salary) as it is often better to have them on the inside pissing out rather than on the outside pissing in. One last choice and a hard one to follow is to do what Jane did.
Posted on: 21 January 2006 by Happy Chick
i'd probably take a months holiday (have not had one for about 4 years), and take time to think of what to do with all that dosh.

Buy my dad a house in Hungary (he is hungarian. Set a business up for my estranged oldest daughter so she can no longer drain me dry. Buy my fella a house so he can give up his job and lob him a load of money to start his own business up.

And me... i'd continue to work, but take a back seat maybe. I would not like to change too much. Money is not everything.
Posted on: 21 January 2006 by Happy Chick
There is a need for some kind of project for 10-18 year olds. There is a lot kiddies out there who have huge potential and just need someone to believe in them. Someone to get them motivated and give them new goals and possibly dreams that can become a reality.
Posted on: 21 January 2006 by Nime
Undoing the damage their education did to them?
Posted on: 23 January 2006 by erik scothron
The only real benefit to me in having that kind of money is that I could give it away. How does anyone every justify their 5th ferrari or a second yacht or living in a palace when so many children in the world are living in fear on the streets. Take your 100 million and build some orphanages in the philipppines or africa and see the faces of those you help and then you will truly feel like a rich man.
Posted on: 23 January 2006 by Bob McC
I would do all the philanthropic things that pop stars like Robbie, The Glimmer twins and Chris Martin have done. (when I found out what they were)
Posted on: 23 January 2006 by Spock
I'd give up cheap hookers - honest.

Spock
Posted on: 24 January 2006 by Nime
Why haven't we heard from the IFA's on this one? Cool
Posted on: 24 January 2006 by Nime
League of Gentlemen?
Posted on: 24 January 2006 by Steve O
I'd give up cheap hookers - honest. Spock

In favour of more expensive ones Spock?
Posted on: 25 January 2006 by JamieWednesday
I'm still waiting to see where Videocrew's adviser gets' 12 - 14% income from?!?!?

Any tips?
Posted on: 25 January 2006 by domfjbrown
quote:
Originally posted by Nime:
Where exactly could you inject a suitable amount to actually improve the world most per pound donated?


You could charter the RAF to wipe Plymouth off the map for a start (sorry Plymothians - it's a horrible place - was stuck there for 22 years).

Seriously, now - you could buy up a tonne of properties in places like Liverpool, do them up to a basic standard, and give them to homeless people, or give a tonne of it to WaterAid or similar...

Where do you get Eurolottery tickets from?
Posted on: 25 January 2006 by Rasher
You couldn't. You would create an imbalance in the local economy and property market and put people who have invested in starter homes in the situation where they couldn't sell. Negative equity in fact, so you just stuff the next deserving rung of the ladder.
Try another.