How do you spend £143 Million?

How do you spend £143 Million?

Author
Discussion

R6VED

1,367 posts

140 months

Monday 20th October 2014
quotequote all
It's worth the £2 a ticket just to be able to dream about the possibilities.

I have two young children so would set up trust funds for both of them, releasing different sums at different ages to try and avoid raising money obsessed little st, whilst ensuring they were taken care of for life - certain conditions would need to be met to release said funds, including having completed an education and worked a job for a certain amount of time :-)

I would sort my parent and sister out with £5mill + each and pay off the mortgages of a large amount of friends and family + actual money to spend.

I would love to take my close friends car shopping and also book a nice jewellers for an evening to take friends watch shopping.

Houses, cars, holidays, build a house in a similar vein to Iron Man's :-) with a wicked underground garage.

I would also want to set up a charity where people could donate money knowing that 100% of the money donated would go to the good cause as I would cover the running/administration costs. The charity would help children adn animals.

you could do an awful lot of good with that sort of money and ultimately I think that would be far more rewarding than fast cars etc.

I would also have my 1981 W126 500 SEL completely rebuilt from start to finish using only the best.

The list goes on :-)

STW2010

5,727 posts

162 months

Monday 20th October 2014
quotequote all
I'd buy a football club and play football manager for real.

Greg_D

6,542 posts

246 months

Monday 20th October 2014
quotequote all
It's quite humbling to think that £143m wouldn't be enough to play at the 'top table' of superyachts and private jets, so you are still likely to be outgunned on a regular basis if you start with the international playboy lifestyle.

I genuinely get happiness from earning and making money, so although the aquisition of funds was not a priority, i would probably set myself modest income targets like 'doubling the pot in 10 years' by virtue of 'nice' investments, like buying up loads of property, doing them up beautifully and renting them for a bit below market rate so everyone indirectly gets a benefit of somewhere nice to live, i also see a return. the usual charity, family, cars, house , friends, hobbies stuff still applies, but i would make myself very busy making more and disseminating it into future investments.

I'd certainly need a couple of PAs to keep everything pointing in the right direction and to manage all the dispirate facets of my burgeoning empire - it'd be fun....

It'd be interesting to see if i could ever get to a billion.......

soad

32,877 posts

176 months

Monday 20th October 2014
quotequote all
STW2010 said:
I'd buy a football club and play football manager for real.
That's the way to do it. biggrin

The Hypno-Toad

12,274 posts

205 months

Monday 20th October 2014
quotequote all
STW2010 said:
I'd buy a football club and play football manager for real.
A really good way to LOSE £143 million and make yourself massively unpopular at the same time. hehe

5potTurbo

12,517 posts

168 months

Monday 20th October 2014
quotequote all
Having bought my (winning wink ) tickets for Tuesday, I'd go the same way as many have posted!
- get my Dad to be seen by some specialist Docs that know their stuff, not his monkey GP and some newly qualified muppet at Poole GH
- pay off families' mortgages
- pay off colleagues' mortgages (my team of 5)
- trust funds for my daughters and nephews
- buy some NetJet hours to go towards: WEC races, F1 & Paddock Club weekends, Tennis Grand Slam finals, etc. (the latter to keep my wife happy!)
- cars, cars, cars....
- I've an agreement to buy 2 mates a DBR9 each in Gulf colours, ready for LM 2015 attendance - and I'd want FULL AMR hospitality too! smile
- and the whole of this winter spent in various ski lodges around the northern hemisphere!


hollydog

1,108 posts

192 months

Monday 20th October 2014
quotequote all
1st class flight to LA. To ask Hugh Hefner for a apprenticeship. laugh
Joking aside . Modest house in its own grounds with workshops to feed my auto habits.
Wine sellers http://www.youtube.com/watch?v=LCcxbdmlV4I.

Edited by hollydog on Monday 20th October 13:38


Edited by hollydog on Monday 20th October 13:41

BluePurpleRed

1,137 posts

226 months

Monday 20th October 2014
quotequote all
I reckon it would be great!!!

Sort myself and family out first... then I think I would look to various charities.. One thing I'd maybe try to do is buy up parcels of land for really rare animals to have sanctuary in (obv the anti poaching guards will cost a fair amount)

This is one of the ways I amuse myself when driving. I can imagine needing a nice London flat.. Oops. 5mil (no point in going overly large in the centre as I'll have main base later ). Then something very nice in Surrey, I'm thinking Sunningdale etc with the full on 12 car garage as the main base. 10mil

Then probaly a lot of holidays and renting of places I'd want to properly explore but not convinced about living... so LA, SF, NY, Singapore / HK / Edinburgh / Geneva .. but eventually buying a place on Lake Como 5mil , Sydney 3mil and a chalet somewhere ... probably slightly quieter bits of 3 valleys than Meribel. 5mil.

It would soon add up! Oh and I imagine having a great game of making sure I had a practical-ish car and a mad car at each of those places. Try to pair it up to the location. Italian lakes... can't have a Tuscan as it was a 'mare around there with the long bonnet nearly getting taken off by other people. Perhaps a nice NSX, Abarth 500, 355. Something short at the front. Practical car can be bigger I guess.

Mad Twisted Edition defender for the ski chalet etc...

Also get a pilots license and a LOT of hiring out of instruction and track time at those provate tracks.

I can see myself getting through a fair amount of it but not running out as a lot will have been spent but most in decent assets etc!

RobinBanks

17,540 posts

179 months

Monday 20th October 2014
quotequote all
Major Fallout said:
We came from money it got thinned down to sod all one family member to another, we don't have any now so I would find going back to it quite easy.

Probably just do the same things we do now just better.

Bigger house.
Bigger garage.
Bigger stables.
Bigger boat.

More cars.
More horses.
More skiing.
More holidays.
(More work)

Better watch.
Better Whisky.
Better Wine.
Better mobile phone (one that works would be nice)

I would invest in art, cars, business property.

I quite fancy a nice pair of beretta shotguns, I always have a quick look in at jermyn street. I don't really like guns but the quality of work in them and the engineering has always attracted me. I wouldn't use them just look at them.
£143 million and you'd choose Beretta? Not Holland & Holland or Purdey etc?

RobinBanks

17,540 posts

179 months

Monday 20th October 2014
quotequote all
You could try a bit of corporate raiding. Although a couple of bad choices would lose everything....

zoom star

519 posts

151 months

Monday 20th October 2014
quotequote all
I would probably go back in time as in,country estate for shooting, and a big lake for my course fishing.
I would by some shire horses and clydesdales and breed them.
Also a big go kart track and pits and garages.
Would not go big on cars as I think the reason I like cars is I can't have most of them.
Off road course.
I don't like flying, so house in warmer country not far away.
My wife loves her weekends in London, so buy a nice house/ apartment
Obviously a donkey sanctuary.
No money to charities,people can come to my charity company and submit what they want, I would then supply direct, no middle man taking the biggest cut from my charity funds.
English Springer Spanial pack.
Jet engine model aeroplanes,
A massive tank, as in Challenger Abrahms, only if I could get a second hand one.
So basically toys..

fiatpower

3,021 posts

171 months

Monday 20th October 2014
quotequote all
The Hypno-Toad said:
STW2010 said:
I'd buy a football club and play football manager for real.
A really good way to LOSE £143 million and make yourself massively unpopular at the same time. hehe
That's why i'd do it for my team, an opportunity to build something from nothing really for a much lower cost than a league team. Plus you'd get the benefits of playing in good facilities!

malks222

1,853 posts

139 months

Monday 20th October 2014
quotequote all
apart from all the obvious stuff: cars, houses, holidays, helping family/friends.... i'd really like to set up a sports academy/charity type thing. I used to be involved in sport to a reasonable level and would love to try and help people achieve the most out of their own sport. I'd like it to be like a boarding school/communal house type set-up where they would still go to school, but would have access to training facilities/ coaches/ equipment/ physios...... as and when its needed. I know how expensive it is for parents to try and support kids when coming through sport, the lottery do a great deal in funding sports, but i'd love to be able to help.

DottyMR2

478 posts

127 months

Monday 20th October 2014
quotequote all
Greg_D said:
It's quite humbling to think that £143m wouldn't be enough to play at the 'top table' of superyachts and private jets, so you are still likely to be outgunned on a regular basis if you start with the international playboy lifestyle.
Well that all depends how long you want the playboy lifestyle to last but yes, one superyacht and you'd be bankrupt. Your rich but not filthy stinking rich.

Still, £143 million buys quite a lot of coke, hookers, cars, houses and holidays. I'm a simple boy, I don't want for much. A superyacht is too flashy for me, I'll just stick low key with my £10 million mansion and car collection.

Jasandjules

69,861 posts

229 months

Monday 20th October 2014
quotequote all
1. 40m split between friends and family
2. 10k pcm to my local animal rescue centre for the next 10 years
3. 1m by purchasing PS4s, TVs and games and giving them to childrens' hospices.
4. 2.5-5m by making the dreams of those in the hospices come true.
5. House for me - 2.5m (with lots of land for the dogs)
6. F458 Spider, F355 Spider, 348 GTB, F430 Spider, P1, Bowler Wildcat, DB7 Volante, DB9 Volante, V12 Vantage Volante, MR2 T-Bar, new Passat Estate 170 Sport for the dogs, Lotus Esprit V8, Lotus Elan.
7. Whatever Mercedes want for me to spend next season in their garage for every race weekend.
8. 5m to purchase a block of flats ooop North, then stock them with food and pay all the bills for the homeless people I would allow to live there rent free to get them back on their feet. Possibly doing the same again but for ex-forces people only.
9. Helicopter for me to use to fly to my Quinta in Portugal - say around 1.5m to buy and run and get PPL
10. 1m on a Quinta in Portugal.....
11. 500k on a holiday home in Tobago.



SWTH

3,816 posts

224 months

Monday 20th October 2014
quotequote all
House: Something nice in west Shropshire, 4-5 beds, a barn, outbuildings etc, but most importantly enough land to control my own sight lines. I'd probably end up buying a farm with a good few hectares around it, and renting out the fields. Really, I'd want to be able to build it up as the family homestead. Don't want a massive house, too much to maintain and in all honesty, wouldn't need it. Second home in Snowdonia, somewhere near Porthmadog.

The barn would be fitted out as a full engineering workshop, with lots of space for storage. Mahoosive man cave complex somewhere in the mix too.

Cars: Oh yes yes New Range Rover, a modernised Jensen Interceptor, an Eagle Speedster, an XJR, at least to begin with.

Boats: a nice sailing yacht, something ocean-capable.

Rest of the money? There's a few heritage railway projects I'd chip in to, as well as buying a steam loco or two for myself. The usual friends and family stuff, plus plenty stashed for the future. After a year or two of being semi-retired and messing around with mechanical stuff I'd probably try and find a way of doing it in such a way as to make it cost neutral, or preferably turn a profit.

One thing I wouldn't do? Have my picture taken with the usual bottle of champagne for the paper. I'm sure if they were desperate enough they would find a way of taking a pic, but I'm not going hunting for publicity.

Major Fallout

5,278 posts

231 months

Monday 20th October 2014
quotequote all
RobinBanks said:
£143 million and you'd choose Beretta? Not Holland & Holland or Purdey etc?
They have always been nice to me in the shop.

I would probably go to Holland & Holland and kit a Range Rover out, but as I don't shoot there isn't much point in a gun at all.

RobinBanks

17,540 posts

179 months

Monday 20th October 2014
quotequote all
Major Fallout said:
RobinBanks said:
£143 million and you'd choose Beretta? Not Holland & Holland or Purdey etc?
They have always been nice to me in the shop.

I would probably go to Holland & Holland and kit a Range Rover out, but as I don't shoot there isn't much point in a gun at all.
Maybe I'm just not a fan because the only Beretta I had was problematic. I switched to a Browning which I find much better smile

Joey Ramone

2,150 posts

125 months

Monday 20th October 2014
quotequote all

I'd buy a huge turnip in the country.