Is anyone here a billionaire?

[Anonymous]

Anonymous wrote:A billion is soooooo much money
You'd have to spend $100,000 every day for 25 years to spend a billion.

You’d still have almost 100 million left over

[Anonymous]

I know 2, they’re in DC. One is oil/gas money and other is media money (like succession). Both very nice people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have a friend who is a billionaire. She’s pretty normal. You’d never know it if you met her.

You wouldn’t know at all? This is fascinating.

Does she have an air of relief about her? Calm? Something else?

If I knew I could spend $100,000 every day, everyone would be able to feel the sense of relief coming off of me.

I would think this would come with a lot less than a billion.

I would love to see a study on the happiness of extremely wealthy people. I imagine it’s very very hard to trust people and to develop close relationships with people. That said, I would take a billion in a heartbeat!

lol
+100

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I have a friend who is a billionaire. She’s pretty normal. You’d never know it if you met her.

You wouldn’t know at all? This is fascinating.

Does she have an air of relief about her? Calm? Something else?

If I knew I could spend $100,000 every day, everyone would be able to feel the sense of relief coming off of me.

lol
+100

I would love to see a study on the happiness of extremely wealthy people. I imagine it’s very very hard to trust people and to develop close relationships with people. That said, I would take a billion in a heartbeat!

[Anonymous]

Anonymous wrote:

Anonymous wrote:A billion is soooooo much money
You'd have to spend $100,000 every day for 25 years to spend a billion.

That could make for a nice new thread;
what would you spend 100,000 on each day ?
LOL.

I couldn't do it. I'd have a hard time spending 5,000 a week for 25 years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:A billion is soooooo much money
You'd have to spend $100,000 every day for 25 years to spend a billion.

You’d still have almost 100 million left over

If you really want to blow your mind, this isn't really true. If you have a billion, you would have it invested somewhere and are seeing *at least* a 5% average return. 5% of 1b = $50mm. $50mm/365 = $136,986. That is, if you assumed a modest return of 5% average, you could spend $136k per day--and not eat into your principal.

Put differently, if you start with 1b, and then spent 100k/day for 25 years, you'd actually have way more than a billion at year 25.

[Anonymous]

I am.. in Japanese Yen.

[Anonymous]

My friend’s cousin married into a billionaire family. They’re very quiet - no social media, no flashy society pages. All properties in the names of various LLCs. Lots of travel.

[Anonymous]

Not me. I had a boyfriend who was. It was all family money -- has been in the family for three generations now, and the family business is basically investment banking of their own money. Their family name is on lots of stuff all over the world, a modest rec center and public pool here, a huge state-state-of-the-art fancy hospital there. He was sweet; very down to earth believe it or not.

[Anonymous]

Aside from philanthropy, the vast majority of billionaires do not want to attract attention at all.

Their security needs can easily run $10K per day.

[Anonymous]

Anonymous wrote:No, but I’ve met one of the Rales brothers, who founded the Danaher company and are billionaires.

His daughter went to Holton-Arms and was friends with my sister. He was fairly reserved the couple of times that I met him. Comically and stupidly, I somehow thought that billionaires would all have flamboyant personalities.

Like gay people?

[Anonymous]

Anonymous wrote:Aside from philanthropy, the vast majority of billionaires do not want to attract attention at all.

Their security needs can easily run $10K per day.

15 years ago, Amazon.com already spent $1M/yr of corporate money on Jeff Bezos security.

[Anonymous]

Anonymous wrote:

Anonymous wrote:No, but I’ve met one of the Rales brothers, who founded the Danaher company and are billionaires.

His daughter went to Holton-Arms and was friends with my sister. He was fairly reserved the couple of times that I met him. Comically and stupidly, I somehow thought that billionaires would all have flamboyant personalities.

Like gay people?

No, more like Trump. What can I say? I was a teenager at the time.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No, but I’ve met one of the Rales brothers, who founded the Danaher company and are billionaires.

His daughter went to Holton-Arms and was friends with my sister. He was fairly reserved the couple of times that I met him. Comically and stupidly, I somehow thought that billionaires would all have flamboyant personalities.

Like gay people?

No, more like Trump. What can I say? I was a teenager at the time.

I can see a teen thinking that -- like you have to be very extreme in personally to have such extreme wealth.

To answer your original question, I thought i would see a lot of quips from people saying, "everyone on DCUM is a bilionare"

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No, but I’ve met one of the Rales brothers, who founded the Danaher company and are billionaires.

His daughter went to Holton-Arms and was friends with my sister. He was fairly reserved the couple of times that I met him. Comically and stupidly, I somehow thought that billionaires would all have flamboyant personalities.

Like gay people?

No, more like Trump. What can I say? I was a teenager at the time.

I can see a teen thinking that -- like you have to be very extreme in personally to have such extreme wealth.

To answer your original question, I thought i would see a lot of quips from people saying, "everyone on DCUM is a bilionare"

I met Richard Branson once and he definitely had a lot of personality. Is he a billionaire these days?