How do you spend £143 Million?

How do you spend £143 Million?

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Discussion

numtumfutunch

Original Poster:

4,704 posts

137 months

Sunday 19th October 2014
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Ive just bought a ticket for the Euromillions and have killed a few minutes wondering about what would actually happen if I won
(Coke, hookers and waste the rest gags assumed)

Im a regular bloke with a young family
I could probably get away with a classic 911 without raising eyebrows

A house move across town and a fleet of new hypercars would generate more questions than I would care for

The main thing for me is the kids
The thought of bringing up little princes horrifies me, as would the suggestion of having to get in security when the inevitable happens
A constant in the 'real estate prawn" thread is that most ££££££ gaffs have "staff quarters" presumably for the hired muscle??

If I was single = easy peasy:
Several homes around the world with a selection of hot metal garaged in each
Id almost certainly follow a full GP season too just for fun

At this stage in my life Im seriously thinking a tenth of 143 Mill would be better
Id go part time and quietly slope off on early retirement with none of the concerns for my family and their security

A completely hypothetical post I admit, if anyone actually knows what happens to the big lottery winners Im curious

Cheers

Patch1875

4,893 posts

131 months

Sunday 19th October 2014
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A few things on my list.

Big boat in the med
Pilots licence
Visit all the major sporting finals around the world.


All the usual stuff big house,cars,friends and family looked after and chunk to charity.

scrubchub

1,844 posts

139 months

Sunday 19th October 2014
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I think the lottery provides a lot of support to winners in how to deal with the mountain of attention that their new found wealth will give to them.

No idea how I would behave if I'm honest. I'd like to say I'd buy a nice car or two, give a significant sum to charity, pay off the mortgages of friends and family etc etc, and then live a nice, quiet, comfortable life. But, I have a feeling it'd be Koenigseggs, Veyrons, yachts and generally 'living the life'. I've just started a teacher training course at uni, so I'd like to think that I would at least finish that. And then go on a Michelin starred restaurant world tour or something.



Edited by scrubchub on Sunday 19th October 16:00


Edited by scrubchub on Sunday 19th October 16:01

Mr Trophy

6,808 posts

202 months

Sunday 19th October 2014
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It's all relative I suppose. End of the day, you can only wear one pair of jeans and drive one car at a time.

The idea of having that much money that you could pretty much do anything is scary. I'd like to think your friends and family would still be the same, but I am not sure. Money chances people massively.

markmullen

15,877 posts

233 months

Sunday 19th October 2014
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For me boats, aircraft, cars and a highland estate to retreat to.

RobinBanks

17,540 posts

178 months

Sunday 19th October 2014
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I think I'd use it to just be able to relax a bit and upgrade the stuff I have.
Knackered Range Rover -> new one
Rolex Datejust -> Rolex Day-Date
Nicer house but in the same area - I like it here
I'd also get someone to clean, iron and cook as I hate all those things desperately

More time to socialise and relax rather than worrying about saving every penny
Better Christmas gifts for friends and family!

Obviously that isn't £143 million of stuff, but I think that's mostly the pattern I would follow. That said, I might find myself completely different when I actually got the money.

a311

5,789 posts

176 months

Sunday 19th October 2014
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I'd see my family right etc.

I really wouldn't want people outside my circle of friends and family to know but I guess it would be neigh on impossible to keep it quiet-maybe get away with saying you'd won a smaller amount?

I find it interesting people saying they'd give a wedge to charity-which charity? I'm sceptical how some charities spend money. I'd invest it in a local scheme(s) build a youth centre, give university scholarships to the local underprivileged.

However I seldom put a ticket on but might fancy a go at 143 million...........

JulianHJ

8,733 posts

261 months

Sunday 19th October 2014
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Make a number of friends and relatives millionaires
Buy/build an amazing house in the UK
Couple of holiday homes in my favourite destinations
Possibly consider emigrating
Warehouse/series of barns with all the cars I've ever lusted after
Set up a scholarship fund at my old school for a handful of kids per year who have a parent in my current line of work
Get my PPL, work my way up to some really nice aircraft. Maybe buy one or two, along with hangars or even an airfield

I reckon I might be able to do all of the above on ~£40M, leaving the bulk safely and securely invested, living off and re-investing the proceeds.

supertouring

2,228 posts

232 months

Sunday 19th October 2014
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A fleet of supercars and high performance cars.

Couple of car transporters and luxury mobile homes.

Take all the cars and my car mates to every circuit in the world to play.

Gargamel

14,958 posts

260 months

Sunday 19th October 2014
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First a buy an estate, not a nice house, or a farm, but a proper multi hectare estate. With tenanted farmers.

I'd make the estate as self sufficient in energy and food as I could, design in some zombie apocalypse survivalist features, ideally with a mill wheel and wind mills for electricity, animals, horses, self sewerage processing, fresh water, heating that kind of stuff. So lets say £30m - multi year project

Next I would set up an investment company, either a hedge fund or a small Private equity house, and invest start up money to people with ideas, seed capital and maybe one or two bigger chunks to get good businesses to scale.

Successful capitalism is "the ownership of the means of production" - so with agricultural produce, energy and some small business ventures, I reckon I have covered my bases.

Put about £20 m into a spread of investments, stock, propertys funds, bonds etc

Buy a decent chateau in South of France, and learn to fly.

Give away £43m - to family, friends and charity.

Easy to spend

TwigtheWonderkid

43,248 posts

149 months

Sunday 19th October 2014
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£143m.....£40m on cars, £40m on fabulous holidays, £40 on coke & hookers, and the final £23m I'd just blow on stupid stuff.

GALLARDOGUY

8,160 posts

218 months

Sunday 19th October 2014
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I'd buy Haymarket and improve this site.

Terminator X

14,921 posts

203 months

Sunday 19th October 2014
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You won't win.

TX.

Impasse

15,099 posts

240 months

Sunday 19th October 2014
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I might buy a pickled egg to go with my chips.

michael243

4,079 posts

174 months

Sunday 19th October 2014
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I have it all planned out, but it will just be a dream paperbag

Anyways...

7 Enzo's, one for each different day of the week obviously.

A couple of other cars... F50, F40, LaFerrari, 288 GTO, 959, GT3, 918, P1, Aventador, Miura, DB5, DB4, One-77, 458 Speciale, CGT, Vanquish, Zonda, Cinque, F1 and finally a nice S3 for those times I just want a normal car to drive around in.

A nice town house in London, apartment in Monaco and a villa in Spain.

A nice house for my parents in the countryside

Give a percentage of the money to the other people in my family, to pay off debts and for holidays etc

Put a bit in a bank account for me to drop back onto

Donate a bit, to the various charities and foundations

That's it really, probably would be bankrupt in 10 years but at least I would of had fun.



V8 Animal

5,914 posts

209 months

Sunday 19th October 2014
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You wouldn't like it. Ruin your life.

Chimune

3,163 posts

222 months

Sunday 19th October 2014
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I'd buy my local town centre, turf out all the pound and charity shops and pay interesting people with good ideas to make their businesses there.

MikeOxlong

3,112 posts

188 months

Sunday 19th October 2014
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I'd sort my family out, close mates and the lads at work out. I'd give a lot to charity, invest in some property and then build my dream house with attached dream workshop garage so I could spend my life tinkering with cars. I'd probably have enough left to fully restore my MX5. I'd also buy a really nice mountain bike and a mobile home to go trucking off to various mtb tracks.
I'm single with no kids so I don't need to worry about that side but if I ever had any I'd hide the wealth as best I could and make sure they understood the value of education and working for a living, when they were older I'd probably let them in on it.

michael243

4,079 posts

174 months

Sunday 19th October 2014
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V8 Animal said:
You wouldn't like it. Ruin your life.
I've heard that many times before getmecoat

BoRED S2upid

19,643 posts

239 months

Sunday 19th October 2014
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You couldn't spend the interest on that amount it would be like brewsters millions every day of your life.