Keep it a secret until my kids finished school and became adults. Then travel for endless summer, or maybe autumn. have some investments as backup in case things go balls up
I'd immediately try to give away most of it to a good cause I carefully researched or pull up my own organization that tries to tackle problems that could be improved with that kind of money.
You can't be a billionaire and a good person as you decide to not share an outrageous amount of wealth you couldn't spend in multiple lifetimes without diving into more and more absurd forms of consumerism.
Build a high-speed train from Columbia, SC to Charleston, SC. In the grand scheme of things, it might seem like a waste of money. But man, for the few dozen years I’ve got left on this earth, it would be awesome to see & experience.
I hope I could have it pay out maybe $1 million a year for 1000 years. If not…
I would find a financial advisor how to save and invest properly so my money could make money. I would give a bunch to my parents and sibling so they don’t have to worry. I’d give a bunch to my extended family. I would give a bunch to my friends. I would restart a nonprofit I was a part of. I would build housing and a support system for unhoused people. I’d buy some medical debt on the market to forgive it. I would lobby a few politicians to do some good things. I would travel some.
Billion dollars invested in stocks pays on average 70 million dollars of interests every year and you get to keep the billion. It’s basically inifite money. That’s how the rich keep getting richer.
first thing I'd do is buy my mom a house and py off all our debt. It'd be nice to have some time alone as an adult without having to leave her homeless or whatever. Next I'd find a restoration shop for my truck, buy the shop and make them fix my truck. Why buy the shop? Why not I've always wanted to be an automotive restorer and now I've got whatever is left after taxes and fees. Then I'd probably have my own house built the way I want it. After that idk. I'd have more money then I'd ever know what to do with, have my own shop with the latest and greatest gear and the best mechanics around. I'd hav le my own house and my mom would be taken care of. I'd probably buy my best friend and her parents a house, afaik she still lives at home and her parents rent.so that'd be doing them a big favor.
Find a reputable institutional advisor who specializes in this sort of thing. Pay off debts. Quit my job. Eventually begin planning some charitable gifts, perhaps even a foundation or something. Make life meaningful that way.
I would use the entire $1 billion to buy company stocks and use them to try stop their bad behaviors/investments, like stopping Big Petrol from polluting more, Google from spying on their users, etc.
Add comment