How do you spend £143 Million?

How do you spend £143 Million?

Author
Discussion

Bullett

10,873 posts

183 months

Sunday 19th October 2014
quotequote all
How much is a hollowed out volcano?

GALLARDOGUY

8,160 posts

218 months

Sunday 19th October 2014
quotequote all
£144 million.

Sorry.

272BHP

4,960 posts

235 months

Sunday 19th October 2014
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Also, 143M is a lot of money but I would question if it was enough to own a mega yacht, maybe a little one but if you wanted one big enough to have its own crew then that 145M would dwindle pretty quickly after a few years!

Daston

6,074 posts

202 months

Sunday 19th October 2014
quotequote all
For me I would

1) pay off the mortgage but not move house
2) Buy my brother In Law a nice house
3) Buy my Mother In Law a nice house
4) Pay off my brothers mortgage and purchase him a new bike
5) Treat my parents to something they would like my Mum has always wanted an Aston Martin for example.
6) Get a new car for every day use, nothing flashy probably a new Yeti or something
7) Purchase a small collection of sports cars and super cars plus hire/rent somewhere to keep them (must be lock ups somewhere for this sort of thing)

7) enjoy the money, travel around the world probably follow F1 around the globe for a season and do volunteer work and the such like, learn new skills that I couldn't before get into motorsport etc etc

Sheepshanks

32,528 posts

118 months

Sunday 19th October 2014
quotequote all
I do Euromillions when it's a big amount but the threat to safety that a big win would bring does concern me - I'm aware of a couple of attacks on local lottery winners and now and again you see the odd mention in the press but it seems to be hushed up quickly.

Son of an early winner of the Australian lottery was kidnapped and murdered.
A local well-known wealthy guy had his front door smashed down by armed robbers and now lives in a new house with a safe room they can retreat to.

Mate of mine reckons he would say he won a few of million - adjust for where you live and your circle of friends - that would explain a nice house, new cars, holidays etc. But even a few million could attract the wrong sort of attention. I think it would be tough to keep it a secret, but the people who go public must be mental.

MLH

406 posts

122 months

Sunday 19th October 2014
quotequote all
Buy a moderate size house, no more than 4 bedrooms.

Buy either a Zonda or Huayra, cant see the need for both.

Play lots of golf.

Spend a lot making other people happy.

Not interested in the big houses with swimming pools, boats, planes, constant holidays etc.

That's about it for me. Im just a simple guy with simple needs.

Yamahadivvyrider

450 posts

117 months

Sunday 19th October 2014
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Simple for and the missis to.
Sort friends and family out
Buy a nice Welsh cottage with a few acres of land
2 x new cars Nissan gtr for me missis has always wNted a Audi TT
Mk2 escort rally car
Holiday cottage in Cornwall
Donations to mid Wales air ambulance dogs trust and the rnli
Don't really want or desire fancy houses and cars




nick heppinstall

8,054 posts

279 months

Sunday 19th October 2014
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I would buy an island somewhere with a lovely climate. It would need to be 2k miles away from land.

I would then have it turned into a replica of Tracy Island ....

russ_a

4,568 posts

210 months

Sunday 19th October 2014
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GALLARDOGUY said:
I'd go into space.
Snap!

AJS-

15,366 posts

235 months

Sunday 19th October 2014
quotequote all
Like the OP I've got a young family and it's changed my thinking on this. I don't think I would feel the need to spend it all.

I'd live in a nice house, have a nice holiday home, nice cars, maybe a private plane and a boat but not a Lear jet or a super yacht. I would keep myself busy with some projects, amateur motor racing, and a good bit of travel.

I reckon I could live a very nice life with £5 million, and pretty much all I would ever want for £10 million. The rest I'd stick in a safe trust fund that would be there for rainy days for future generations, but I wouldn't tell them about it until they were settled.

lukefreeman

1,492 posts

174 months

Sunday 19th October 2014
quotequote all
Pay my mum half to work out what charities deserve donations and let her pay them off.

Third goes into investments and a property portfolio to earn my income.

Rest gets spent on family and friends.

I'd travel a lot with the missus, volunteer and do a lot of training abroad (running and bikes).

Not bothered about boats, watches jewelry or houses.

Think she'd like a place in Paris, and I'd buy a house in adenau with a large enough garage.

CharlesdeGaulle

26,091 posts

179 months

Sunday 19th October 2014
quotequote all
Daston said:
For me I would

1) pay off the mortgage but not move house
2) Buy my brother In Law a nice house
3) Buy my Mother In Law a nice house
4) Pay off my brothers mortgage and purchase him a new bike
5) Treat my parents to something they would like my Mum has always wanted an Aston Martin for example.
6) Get a new car for every day use, nothing flashy probably a new Yeti or something
7) Purchase a small collection of sports cars and super cars plus hire/rent somewhere to keep them (must be lock ups somewhere for this sort of thing)

7) enjoy the money, travel around the world probably follow F1 around the globe for a season and do volunteer work and the such like, learn new skills that I couldn't before get into motorsport etc etc
Well you've got two sevens, so there's no chance of you winning anyway.

Sorry.

Xaero

4,060 posts

214 months

Sunday 19th October 2014
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I'd go to the cinema and get some toffee popcorn.

J4CKO

41,284 posts

199 months

Sunday 19th October 2014
quotequote all
Xaero said:
I'd go to the cinema and get some toffee popcorn.
Whoa, steady on !

spikey78

701 posts

180 months

Sunday 19th October 2014
quotequote all
I'd get a Spitfire (supermarine, not triumph..) amongst other things

Davie_GLA

6,521 posts

198 months

Sunday 19th October 2014
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This place is slipping. 3 pages and not one mention of coke and hookers.

I reckon i'd have a season ticket for rehab, i'd liken myself to jessie from breaking bad.

Hackney

6,810 posts

207 months

Sunday 19th October 2014
quotequote all
A house in The Derbyshire Dales; a flat in Glasgow and London and an architect designed bolt hole on Skye and one in NI
And somewhere in. Southern Italy

Relevant cars at each. RS6 and or Range Rover. Then stored somewhere would be the full garage.

Family would get a couple of million each.

I'd open a cycling cafe in the dales as a hobby / something to do after the usual world travelling.

Then I'd sponsor Mansfield Town Football Club, enough to make them financially secure for years.
I'd also give a few million to Nottingham Forest.

Cancer Research would get a decent chunk as well.

red_slr

17,122 posts

188 months

Sunday 19th October 2014
quotequote all
You could never spend it? Hm, you may have done your maths wrong.

Things like a £10m house don't run themselves. Even basic bills plus full time cleaner, gardener and perhaps a general driver / assistant is going to be £10k a month if you cheap out. 3 times that if you do it right.

And don't even look at the costs of running a decent boat - your £10k a month house will look cheap.

The sky is literally the limit and £143M could be spent very quickly indeed if you really wanted too.

There is a reason why rich people rent all this stuff....

cootuk

918 posts

122 months

Sunday 19th October 2014
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It's only really half that amount because of the divorce.

fiatpower

3,005 posts

170 months

Sunday 19th October 2014
quotequote all
Buy or pay off houses for family and friends

Give some to various charities

Build a nice 4/5 bed house with lots of land, a swimming pool and a large garage

Buy/lease a large warehouse to keep most of my cars in along with friends. Have a workshop there with full facilities (ramps, spray booths etc) so we can work on a few at the same time

Buy 2 f type coupes (one to be modified for track use)

Learn to do a load of stuff (fly helicopters and planes, scuba dive, Sky dive etc)

Few holidays around the world

Buy holiday homes in the south of France and the French Alps

I'd also buy and develop a plot of land for my football team with a premier league standard pitch plus good quality pitches for the reserve team. Would look at expanding the team into a top quality non league team

After a while start a property development business to keep me busy

Edited by fiatpower on Sunday 19th October 21:45