How do you spend £143 Million?
Discussion
- split a million between everyone in this thread.
- live in the savoy or somewhere for a few weeks.
- Sort friends and family out.
- get £100k ish in £20 notes and cause the peasants of widnes to go crazy as I drive round in my gold plated rolls dishing it out. id then hide some, say £50k somewhere in the town and make bets with my newly acquired millionaire friends on who finds it first. But once someone has found it they will realise thats its fake money and my friends and I would all share a hearty laugh at the poor person's expense.
- i'd still carry on working though because I wouldn't let the money change me.
- live in the savoy or somewhere for a few weeks.
- Sort friends and family out.
- get £100k ish in £20 notes and cause the peasants of widnes to go crazy as I drive round in my gold plated rolls dishing it out. id then hide some, say £50k somewhere in the town and make bets with my newly acquired millionaire friends on who finds it first. But once someone has found it they will realise thats its fake money and my friends and I would all share a hearty laugh at the poor person's expense.
- i'd still carry on working though because I wouldn't let the money change me.
I'd have an exact replica of the HMS Victory made, then I'd sail the world.
After, I'd use it as an educational tool, where schools could use it ie kids could go out and learn what it was like to sail back in the day.
Also, I'd like to buy several items- to be restored. But it would be documented by a professional TV crew - but it would be in extreme detail like Mark Evans did. Then I'd sell it to a tv company or stick it on youtube. I reckon the amount of hits would generate a little income - but I wouldn't really be doing it for financial investment.
List of examples:
Vulcan
Victor
Sopwith Camel
Zeppelin
Panther tank
Churchill tank
A7V
After, I'd use it as an educational tool, where schools could use it ie kids could go out and learn what it was like to sail back in the day.
Also, I'd like to buy several items- to be restored. But it would be documented by a professional TV crew - but it would be in extreme detail like Mark Evans did. Then I'd sell it to a tv company or stick it on youtube. I reckon the amount of hits would generate a little income - but I wouldn't really be doing it for financial investment.
List of examples:
Vulcan
Victor
Sopwith Camel
Zeppelin
Panther tank
Churchill tank
A7V
dtmpower said:
Davey S2 said:
Buying teams in either of these sports would be mental and a very easy way to burn through huge amounts of cash and probably make yourself very unpopular with lots of people at the same time.
Mike Ashley presently has this problem.Lord Sugar walked away from the problem by selling Spurs.
Unless you're a billionaire/in sport franchising buying a club is pointless.
Davey S2 said:
Why would anyone consider doing this?
Like football? then get an executive box at your favourite club and have fun there with your mates each game. Take them with you for any good away games.
Same thing with a racing team. If you like F1 travel the world in style to watch them or if you like racing buy a car and enter a suitable series.
Buying teams in either of these sports would be mental and a very easy way to burn through huge amounts of cash and probably make yourself very unpopular with lots of people at the same time.
Why not? It's £143 million. Realistically i'm never going to spend all of it so why not do something seemingly irrational and pointless. Like football? then get an executive box at your favourite club and have fun there with your mates each game. Take them with you for any good away games.
Same thing with a racing team. If you like F1 travel the world in style to watch them or if you like racing buy a car and enter a suitable series.
Buying teams in either of these sports would be mental and a very easy way to burn through huge amounts of cash and probably make yourself very unpopular with lots of people at the same time.
How many people can say they own a football club and a racing team? It doesn't matter if your liked or not, its doing something I want to do.
Ooh, that much is a lifechanger. It would certainly make it possible for me to do more of the things that I love doing.
I'd pay off the mortgages for my close friends, and donate a decent wedge of cash their way to enable them to fulfill their lifelong dreams. My parents would get a little cash, as would my uncles/cousins. Anonymously of course..
Houses/cars/toys/holidays, then non-selfish things.
I'd buy a few nice houses, in places that would enable me to further pursue my hobbies for longer and more often during the year..
One house would be built/bought in the French Alps, somewhere around Briancon. Good location to base in for kayaking during the kayaking season, it's close to some of the better ski resorts, and there's great walking/hiking within a few hours. Another house would be built on the south slopes of Gran Canaria. This area has the steadiest and darkest skies in southern Europe with lots more visibility of the southern skies than anywhere else in Europe - absolutely perfect for my stargazing hobby, with a large flat area suitable for holding a few decently large telescopes with the possibility of remote operation of those scopes. There'd be a few little domes built to protect those scopes as well. Another house built in Ireland, for when I want to visit my relatives and friends.
I'd buy a few vehicles for the garage in each house, appropriate to the area, and I'd have a few more collected like Leno. The French house would have a highly tuned American dually pickup for the offroad/snow driving and for the bike/kayak transport, a 4-seat convertible like an M6 or Brabus-tuned E-class convertible for the general summer driving. The Canary island would have another 4-seat convertible and a Brabus-tuned Merc GL with appropriate wheels/tires for both offroad and onroad. The average daily driver would have to be an AMG / Brabus E-class estate though, just as the perfect car for someone that regularly carries lots of real sports equipment. I'm sure I'd have a Ferrari FF in the garage as well to usefully scratch the prancing-horse itch I always have.
As for the collectibles I'd start with some of the old analogue icons, F40, F50, 450 SEL 6.9, Carerra GT, a few genuine Group B monsters, a Baja1000 truck, and both original and highly tuned versions of the 80's and 90's sportscar icons like the Celica, Supra, various Cosworth roadcars, and a nice e36 M3 convertible as I've always wanted one of those. I'd also get licenses for all vehicles including tanks and pilot licenses for various classes of aircraft. Eventually I'd get one of those large American camper buses to enjoy my older age pootling about Europe. It'd have a nice Caterham in the boot for hopping to the local shop..
I'd buy myself a few new bicycles, including a new Syndicate-prepped Santa Cruz V10 carbon downhill bike, a lightweight enduro bike, and a lightweight hardtail. I'd also secretly sponsor a few new bikes for my local university mountain bike club as well as getting some dirtjumps and other training areas built for the university. I'd also sponsor a replacement of the university kayak club's equipment and boats as well, as I know that would get put to good use teaching more people how to kayak.
A few kayaks would be bought and restored to modern comfort, and I'd ensure that I would have the nicest and most comfortable paddling gear I could get to keep me safe when dropping off 40 foot waterfalls or surfing a 20 foot face wave.
My computers would be interesting for sure! I'd probably end up with a desktop machine that could play the latest games to the highest level with multiple screens and loads of space. I like my PC gadgetry and it would be great to be able to get the bits I'd like!
I'd also have to build an engineering workshop with full-size and micro-versions of lathes, milling machines, presses, etc. That's something that I could easily spend weeks at a time building things for my hobbies.
As for foreign travel, there are a few places I have always loved to go to but I've never had the spare time or money. Yellowstone, Alaska, Peru, and the places that people backpack to. It's a longterm dream to do that as I missed the opportunity when I was younger.
I'd sponsor more foreign trips for the local university's Student Union Clubs&Socs to allow e.g. the kayak club to spend a month on the White Nile in the summer learning how to get kayaks to fly before the proposed dam ruins the area, for the mountain bikers to spend a month in Whistler or Utah to learn from the best. Other clubs and societies would benefit as well of course.
I've no kids yet at this point, but there would be a trust fund for any that would come along. I'd set it up to pay them e.g. 5x or 10x a regular salary, and nothing if they are not working, at least till 25 or so, to ensure they learn the value of working for a living. My friend's kids would also benefit from this idea. I wonder what my girlfriend would think of my ideas?
As for business investment, there are a few local businesses that are proven to be good ideas and the current owners would be perfectly placed to use a little direct investment to expand, and I'm fairly sure that the investment would repay eventually. I'm a bit more wary of stock market investment as that's a genuine crapshoot. Certainly would not have a directly-employed fund manager. May investigate a proper contracted agreement with the banks for low-risk low-benefit investments though.
I would continue to work in my current role for at least 6 months to a year after getting the cash until I could set up the retirement from daily work and leave without shafting my workmates. I would quietly disappear from the area I currently live trying to maintain the anonymity I would need to have with that cash. I definitely would not get bored with not working as I tend to work to live instead of living to work - especially with my medical close calls in the past decade. Life is there to be enjoyed, and I would certainly try my best to enjoy it and to bring a few close friends along for the ride whenever they could come along.
I'd pay off the mortgages for my close friends, and donate a decent wedge of cash their way to enable them to fulfill their lifelong dreams. My parents would get a little cash, as would my uncles/cousins. Anonymously of course..
Houses/cars/toys/holidays, then non-selfish things.
I'd buy a few nice houses, in places that would enable me to further pursue my hobbies for longer and more often during the year..
One house would be built/bought in the French Alps, somewhere around Briancon. Good location to base in for kayaking during the kayaking season, it's close to some of the better ski resorts, and there's great walking/hiking within a few hours. Another house would be built on the south slopes of Gran Canaria. This area has the steadiest and darkest skies in southern Europe with lots more visibility of the southern skies than anywhere else in Europe - absolutely perfect for my stargazing hobby, with a large flat area suitable for holding a few decently large telescopes with the possibility of remote operation of those scopes. There'd be a few little domes built to protect those scopes as well. Another house built in Ireland, for when I want to visit my relatives and friends.
I'd buy a few vehicles for the garage in each house, appropriate to the area, and I'd have a few more collected like Leno. The French house would have a highly tuned American dually pickup for the offroad/snow driving and for the bike/kayak transport, a 4-seat convertible like an M6 or Brabus-tuned E-class convertible for the general summer driving. The Canary island would have another 4-seat convertible and a Brabus-tuned Merc GL with appropriate wheels/tires for both offroad and onroad. The average daily driver would have to be an AMG / Brabus E-class estate though, just as the perfect car for someone that regularly carries lots of real sports equipment. I'm sure I'd have a Ferrari FF in the garage as well to usefully scratch the prancing-horse itch I always have.
As for the collectibles I'd start with some of the old analogue icons, F40, F50, 450 SEL 6.9, Carerra GT, a few genuine Group B monsters, a Baja1000 truck, and both original and highly tuned versions of the 80's and 90's sportscar icons like the Celica, Supra, various Cosworth roadcars, and a nice e36 M3 convertible as I've always wanted one of those. I'd also get licenses for all vehicles including tanks and pilot licenses for various classes of aircraft. Eventually I'd get one of those large American camper buses to enjoy my older age pootling about Europe. It'd have a nice Caterham in the boot for hopping to the local shop..
I'd buy myself a few new bicycles, including a new Syndicate-prepped Santa Cruz V10 carbon downhill bike, a lightweight enduro bike, and a lightweight hardtail. I'd also secretly sponsor a few new bikes for my local university mountain bike club as well as getting some dirtjumps and other training areas built for the university. I'd also sponsor a replacement of the university kayak club's equipment and boats as well, as I know that would get put to good use teaching more people how to kayak.
A few kayaks would be bought and restored to modern comfort, and I'd ensure that I would have the nicest and most comfortable paddling gear I could get to keep me safe when dropping off 40 foot waterfalls or surfing a 20 foot face wave.
My computers would be interesting for sure! I'd probably end up with a desktop machine that could play the latest games to the highest level with multiple screens and loads of space. I like my PC gadgetry and it would be great to be able to get the bits I'd like!
I'd also have to build an engineering workshop with full-size and micro-versions of lathes, milling machines, presses, etc. That's something that I could easily spend weeks at a time building things for my hobbies.
As for foreign travel, there are a few places I have always loved to go to but I've never had the spare time or money. Yellowstone, Alaska, Peru, and the places that people backpack to. It's a longterm dream to do that as I missed the opportunity when I was younger.
I'd sponsor more foreign trips for the local university's Student Union Clubs&Socs to allow e.g. the kayak club to spend a month on the White Nile in the summer learning how to get kayaks to fly before the proposed dam ruins the area, for the mountain bikers to spend a month in Whistler or Utah to learn from the best. Other clubs and societies would benefit as well of course.
I've no kids yet at this point, but there would be a trust fund for any that would come along. I'd set it up to pay them e.g. 5x or 10x a regular salary, and nothing if they are not working, at least till 25 or so, to ensure they learn the value of working for a living. My friend's kids would also benefit from this idea. I wonder what my girlfriend would think of my ideas?
As for business investment, there are a few local businesses that are proven to be good ideas and the current owners would be perfectly placed to use a little direct investment to expand, and I'm fairly sure that the investment would repay eventually. I'm a bit more wary of stock market investment as that's a genuine crapshoot. Certainly would not have a directly-employed fund manager. May investigate a proper contracted agreement with the banks for low-risk low-benefit investments though.
I would continue to work in my current role for at least 6 months to a year after getting the cash until I could set up the retirement from daily work and leave without shafting my workmates. I would quietly disappear from the area I currently live trying to maintain the anonymity I would need to have with that cash. I definitely would not get bored with not working as I tend to work to live instead of living to work - especially with my medical close calls in the past decade. Life is there to be enjoyed, and I would certainly try my best to enjoy it and to bring a few close friends along for the ride whenever they could come along.
1£25m in some sort of trust fund for my boy, but one he could only access when he was 30. So he could grow up properly and get a job, etc.
I would find a new housing estate with enough houses to house all my friends and family, ideally all houses between say £500k and £2m buy them all and make it a private gated estate. Then to my friends I would leave give the houses to their kids and to family I would give the houses. I would then open bank accounts for everyone and pay in a nice amount monthly say £15-20k so that would cover all living expences and no one would want for anything. A car of choice for everyone.Trust funds with say £1m in for the kids again not touchable until 30. Then I would go on a year long holiday around the world. After the first year I would go back to all my favorite places and buy property in those places.Cars would be my next biggest outlay, a lot of classsic american muscle and I'd like to build an ultima or such like. but thats it.
I would not give any to charity, as too many charities with hight earners in. I would go to the hospitals that have helped my mum survive cancer and ask them what equipment they needed to be the best they can, and then just buy it for them.
I'd also like to somehow help people i'd decide are deserving of a leg up so to speak. but no idea how. Just something to stop me getting bored and eating and drinking myself to death to be honest.
I would find a new housing estate with enough houses to house all my friends and family, ideally all houses between say £500k and £2m buy them all and make it a private gated estate. Then to my friends I would leave give the houses to their kids and to family I would give the houses. I would then open bank accounts for everyone and pay in a nice amount monthly say £15-20k so that would cover all living expences and no one would want for anything. A car of choice for everyone.Trust funds with say £1m in for the kids again not touchable until 30. Then I would go on a year long holiday around the world. After the first year I would go back to all my favorite places and buy property in those places.Cars would be my next biggest outlay, a lot of classsic american muscle and I'd like to build an ultima or such like. but thats it.
I would not give any to charity, as too many charities with hight earners in. I would go to the hospitals that have helped my mum survive cancer and ask them what equipment they needed to be the best they can, and then just buy it for them.
I'd also like to somehow help people i'd decide are deserving of a leg up so to speak. but no idea how. Just something to stop me getting bored and eating and drinking myself to death to be honest.
longblackcoat said:
RobinBanks said:
£143 million and you'd choose Beretta? Not Holland & Holland or Purdey etc?
I genuinely didn't get on with the Purdeys I tried.And a pair of Beretta SO10s or perhaps S06 EELL will cost you the thick end of £100l........serious money by any measure.
Knowing that I was sorted for life, and that no circumstance I'd ever find myself in need be permanent, I would put 'normal' life on hold along with pretty much all of the money and disappear with the missus for as long as possible - do the hermit kind of thing - think Tim Robbins at the end of Shawshank. After having taken care of all my family and closest friends, of course.
Some far flung, naturally beautiful sandy place by the ocean, and a very simple life with a rusty boat and lots of linen clothes, spending the days fishing and bartering - basically living a dream life that actually doesn't put much focus on money at all with no worries about the future at all.
I'd like to think that if I ever felt like coming back to reality, I'd have had the time to really think about what I could do with the money, and would have resisted the urge to rush out and 'treat' myself with too many expensive, metallic things.
I'd like to thing I'd stick to having the very best of only what I needed, and using the rest of my time and money trying to make somewhere a better place than it would be if I was only living and working away like a normal person, wherever that community may be - so I'm thinking of things like running my own charity/trust for something meaningful to me, or a non-for-profit attraction of some kind (ie, something to do with animal welfare or preservation - like those mentalists who collect big cats or bears).
I just can't picture the two of us in a mansion, and I'd look like a massive knob driving a supercar.
Some far flung, naturally beautiful sandy place by the ocean, and a very simple life with a rusty boat and lots of linen clothes, spending the days fishing and bartering - basically living a dream life that actually doesn't put much focus on money at all with no worries about the future at all.
I'd like to think that if I ever felt like coming back to reality, I'd have had the time to really think about what I could do with the money, and would have resisted the urge to rush out and 'treat' myself with too many expensive, metallic things.
I'd like to thing I'd stick to having the very best of only what I needed, and using the rest of my time and money trying to make somewhere a better place than it would be if I was only living and working away like a normal person, wherever that community may be - so I'm thinking of things like running my own charity/trust for something meaningful to me, or a non-for-profit attraction of some kind (ie, something to do with animal welfare or preservation - like those mentalists who collect big cats or bears).
I just can't picture the two of us in a mansion, and I'd look like a massive knob driving a supercar.
Wrathalanche said:
spending the days fishing and bartering.
With £143m in the bank you'd still barter? I'm assuming you live in Bradford.... 
It's easy to forget that this amount of money is nothing to some people, some of the Worlds richest from 2012 here:
https://uk.finance.yahoo.com/photos/the-richest-pe...
"Lakshmi Mittal, who lives in London, lost more money than anyone else in the world in the last year - £6.6bn"
Jesus Christ...
226bhp said:
With £143m in the bank you'd still barter? I'm assuming you live in Bradford....
Haha, no not like that. I mean trying to, for example, trade my catch for other goods, or turning my hand to something to help folk out in exchange for meals etc. Just go totally native.Although its possible that I have been too romantic in my imaginings of sleepy Costa Rican beach villages, and in fact maybe money talks as loud there as anywhere.
Talked about this with the wife last night after being prompted by this thread, just in case and all that
Mixed thoughts really, we both agreed we wouldn't tell anyone exactly how much we'd won. The story of "a few million" seems to be the most feasible as it can justify the gifts and purchases that would happen.
We agreed on the first steps, pay off the mortgage and go on holiday for a week or two for some space to think it all through and let it sink in.
House wise, we like the area we are in so would look for something bigger, but not too big with a decent size garden, 6/7 acres? Something like that. Then find a good architect and contractor and have it worked to dream spec. Garage is obviously essential, so I'd go for something big enough for 5/6 cars and a man cave.
I'd then want to sort out the self sufficiency plan. That much is enough to change lives forever and for generations. It needs to last and generate income. I guess set half aside perhaps?
Money would go aside to put the kids through school and university, their share would only be available after they have graduated, perhaps even longer off than that.
Car purchases wouldn't be rushed. Thats a process that I want to enjoy. There would be a couple of impulse purchases of course, I live quite close to Lamborghini Pangbourne and the Reading OPC so perhaps something from each depending what they have in stock. The wife loves our Cayenne Turbo so maybe a new one of those too.
I'd look into secure car storage options and then start to fill it! All the random stuff that I've always liked and the exotica that we'd all buy. Think Jay Leno, but on a smaller scale. The only definites on that list would be an F40, a 959, aDe Tomaso Pantera and a Zonda. Those have always been the "poster cars" for me. The Zonda purchase I'd want to savour though, a trip to italy to discuss it, spec it etc. Then another trip when it's done and a road trip home.
There would be a good amount to charities which are important to us. Gifts for family goes without saying. How much though, I don't really know! I'd rather buy them things than just give cash.
Mixed thoughts really, we both agreed we wouldn't tell anyone exactly how much we'd won. The story of "a few million" seems to be the most feasible as it can justify the gifts and purchases that would happen.
We agreed on the first steps, pay off the mortgage and go on holiday for a week or two for some space to think it all through and let it sink in.
House wise, we like the area we are in so would look for something bigger, but not too big with a decent size garden, 6/7 acres? Something like that. Then find a good architect and contractor and have it worked to dream spec. Garage is obviously essential, so I'd go for something big enough for 5/6 cars and a man cave.
I'd then want to sort out the self sufficiency plan. That much is enough to change lives forever and for generations. It needs to last and generate income. I guess set half aside perhaps?
Money would go aside to put the kids through school and university, their share would only be available after they have graduated, perhaps even longer off than that.
Car purchases wouldn't be rushed. Thats a process that I want to enjoy. There would be a couple of impulse purchases of course, I live quite close to Lamborghini Pangbourne and the Reading OPC so perhaps something from each depending what they have in stock. The wife loves our Cayenne Turbo so maybe a new one of those too.
I'd look into secure car storage options and then start to fill it! All the random stuff that I've always liked and the exotica that we'd all buy. Think Jay Leno, but on a smaller scale. The only definites on that list would be an F40, a 959, aDe Tomaso Pantera and a Zonda. Those have always been the "poster cars" for me. The Zonda purchase I'd want to savour though, a trip to italy to discuss it, spec it etc. Then another trip when it's done and a road trip home.
There would be a good amount to charities which are important to us. Gifts for family goes without saying. How much though, I don't really know! I'd rather buy them things than just give cash.
First would be sorting out all close friends and immediate families' mortgages, before moving on to the charity thing - from our own experience, this would likely be soemthing similar to the Ronald McDonald houses close to SCBU units. A nice place in the Cotswolds, with a shoot, a full compliment of LR products, as well as a handful of tasteful exotics and a couple of Old Empire bikes. Then that ex Goldman Sachs chaps island in Scotland, with an ice breaker type exploration vessel for a nice long diving holiday, flying friends and relatives out for breaks not dissimilar to that David Beckham / Haig Club advert. One other thing would be a full time personal trainer to rid me of my lardy a*** once and for all!
Gassing Station | The Lounge | Top of Page | What's New | My Stuff