Anonymous wrote:Anonymous wrote:A couple of years ago my husband got really carried away with deciding what he was going to do after he won the Powerball or the megamillions or whatever it is, and we found this website:
https://www.privateislandsonline.com/
We picked out a few. One was a house on a private island off of Florida. It was like 11 million dollars. I'm a very private person and would have no problem with having no neighbors and living a very quiet life.
Also we have one standard poodle but I would love to have a whole herd of them, like four or five.
But having to deal with your own island would be a huge pita - getting electricity, potable water and food there would be a nightmare. Also, intruders.
Anonymous wrote:Invest it, set up a family office and foundation. We’d keep working, trust funds for kids and grandkids, repair anything needed, get a better tax advisor.
Anonymous wrote:A couple of years ago my husband got really carried away with deciding what he was going to do after he won the Powerball or the megamillions or whatever it is, and we found this website:
https://www.privateislandsonline.com/
We picked out a few. One was a house on a private island off of Florida. It was like 11 million dollars. I'm a very private person and would have no problem with having no neighbors and living a very quiet life.
Also we have one standard poodle but I would love to have a whole herd of them, like four or five.
Anonymous wrote:Anonymous wrote:We have 20M and live like lower-middle class people because we can't be bothered changing our lifestyle from what it was before.
We are building generational wealth, and with a billion, we would need a trusted wealth advisor instead of doing it all ourselves as we've done so far. There are large banks with entire departments centered on teaching wealth management to the scions of the ultra-wealthy. We would contact them, because our kids are teens and young adults, and they would need a lot of education.
We would emphasize discretion, because with wealth comes danger. In my first world EU home country, cryptobillionaires and their families have been kidnapped and tortured for ransom. I would be very careful about privacy and security.
We don't want houses, or rail cars (?), or planes. We would just take more and more luxurious vacations. We would probably hire the services of travel agents that cater to our wealth range, for the discretion mentioned above. None of the travel expenses would be in our names directly.
We would probably help out multiple relatives, and have give more money to our favorite charities. We know not to create our own. Usually it's more efficient to fund an already existing and capable one.
And health wise, we would maybe go to medical professionals that cater to wealthy people, and have higher standards of examinations. I wouldn't mind getting myself regular full body MRIs, just to check for latent issues. I'd get a fitness trainer and dietician to keep me on the straight and narrow.
It doesn't sound like much, OP, but we don't have a lot of wants.
What on earth are you talking about. The question is what would you do if you had crazy money, not how much you have now. Stop being so self-absorbed.
Anonymous wrote:A couple of years ago my husband got really carried away with deciding what he was going to do after he won the Powerball or the megamillions or whatever it is, and we found this website:
https://www.privateislandsonline.com/
We picked out a few. One was a house on a private island off of Florida. It was like 11 million dollars. I'm a very private person and would have no problem with having no neighbors and living a very quiet life.
Also we have one standard poodle but I would love to have a whole herd of them, like four or five.
Anonymous wrote:My dream is to buy up land and convert to green spaces, particularly in random, unexpected places for everyone to enjoy.
Anonymous wrote:We have 20M and live like lower-middle class people because we can't be bothered changing our lifestyle from what it was before.
We are building generational wealth, and with a billion, we would need a trusted wealth advisor instead of doing it all ourselves as we've done so far. There are large banks with entire departments centered on teaching wealth management to the scions of the ultra-wealthy. We would contact them, because our kids are teens and young adults, and they would need a lot of education.
We would emphasize discretion, because with wealth comes danger. In my first world EU home country, cryptobillionaires and their families have been kidnapped and tortured for ransom. I would be very careful about privacy and security.
We don't want houses, or rail cars (?), or planes. We would just take more and more luxurious vacations. We would probably hire the services of travel agents that cater to our wealth range, for the discretion mentioned above. None of the travel expenses would be in our names directly.
We would probably help out multiple relatives, and have give more money to our favorite charities. We know not to create our own. Usually it's more efficient to fund an already existing and capable one.
And health wise, we would maybe go to medical professionals that cater to wealthy people, and have higher standards of examinations. I wouldn't mind getting myself regular full body MRIs, just to check for latent issues. I'd get a fitness trainer and dietician to keep me on the straight and narrow.
It doesn't sound like much, OP, but we don't have a lot of wants.
Anonymous wrote:1 Billion is not that much these days. It's like asking what 1 million would get you in 2000.