What if you were currently a billionaire?
In our present economic situation, what if you were a billionaire (not one that's known) but just standardly having a little over $1,000,000,000.00 total in your accounts and total equity - What would you do with your resources at hand? Would you help stimulate the economy in some way? Would you just want to live off of the interest? Would you donate a bunch of the money to charitable causes?
I'd love to hear your thoughts. =D
Let me teach you how it's done..
$1,000,000,000 in 2010
- Buy a mansion in Atlanta, California, New York, or Florida
$20,000,000
- Put $50,000,000 into certificate of deposits. Realistically speaking, factoring the interest in, plus that amount of cash.. if I take the money out during my alloted grace periods (depending upon the CD's interest) I could collect around $2.5 million dollars a year on the accumulated
interest alone.. never touching the original amount I put in.
$50,000,000
- Buy an LP640 murcielago lamborghini
http://img705.imageshack.us/img705/6...itionlambo.jpg
$350,000
- Spend 20,000,000 to buy shares in stock companies I like so that I own a piece of the company.
$20,000,000
Total Estimated Expenses - Little to none. The house is payed for, and there are no upkeep expenses on stocks, or CD's.
Funds left at the end of 2010 - $909,650,000
Cashflow Positive - $2.5 million dollars
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$909,650,000 in 2011
- I'd take another 100 million and open up about 20 corporate restaurants such as McDonald's, Sonic's etc. My FICO score and credit history is unaffected since I am paying for all of this without using the Banks aid. So in essence, I'm not using bank debt to amass wealth. Not necessarily a good thing but not necessarily a bad thing. I would profit about 10 grand a month per restaurant by having these and should see around 2.4 million every year.
$100,000,000
***Since I am not going into debt to make these purchases, I am cash flow positive. I have 20 cash generating assets plus my CD accounts at this point. Therefore, at this point, I now am up 4.9 million dollars every single year.***
- I would then take 200 million dollars and put a shopping mall down in Orlando Florida or San Fernando Valley California. The mall will be able to hold around 400 stores. Monthly rent for these stores will be around $10,000.00 per store.
$200,000,000
- I'd establish a limited liability company (Harper Investments LLC), hm.. perhaps several.. and spread my assets equally over them to minimize my liability and protect my investments. I'd also hire a board room team of about 10 people to handle the oversight and management of my investments. They would be the liaison between me and my investments. Not to say I would be totally hands off, but I would want to travel more at this time.
$10,000,000
Total Estimated Expenses - Mall utilities, corporate restaurant fees and labor = $20,000,000
Funds left at the end of 2011 - $769,650,000
Cashflow Positive - $32,900,000
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$769,650,000 in 2012
- I'd take $600,000,000 and build a hotel/resort in Dubai. The hotel will have 1,000 rooms. It will cost about 300 bucks a night to stay in a room. Dubai is the luxury capital of the world so it will not be hard to stay booked year 'round. I would simply hand this over to my investment company's board of directors to do about 95% of the managing as well.
$600,000,000
- I work hard so I play hard. I'd then buy a luxurious lear jet as well as another mansion in the fucking Hamptons. Yeah bitch, the Hamptons. Get on my level. I'd throw a welcome me to the neighborhood type party and the celebs would come welcome me. The attire will be all black but I will be the only person wearing white. ;-)
$50,000,000
- I'd buy a small island for approximately 20 million dollars. Me and Naiya will hang out there whenever we want to get away for a while. :rolllaugh:
$20,000,000
- I'd donate $10 million to setting up a charitable organization and spend the next 3 years traveling abroad, jet-setting all over the world. Taking a passive 5% time management role in my investments. I'd meet the Dali Lami, meet other world-renown figures, meditate on top of the Sphinx's head, amongst other things. ;-)
$10,000,000
Total Estimated Expenses - Mall utilities, corporate restaurant fees and labor, Dubai hotel and resort fees and labor = $50,000,000
Funds left at the end of 2011 - $49,650,000
Cashflow Positive - $90,000,000
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$322,350,000 in 2015 - Note: The billion dollars is now gone. I am now solely living off the passive income my assets yield me on a month to month basis.
- Fall in love and marry a female with superior intellect, beauty, and perfect genes.
- Take $200,000,000 and put a hotel/casino in Las Vegas. The hotel will be better than the Luxor. The hotel will have 1,000 rooms and a night in this hotel will cost roughly $200/ night. On average, the gaming floor makes around $30,000/ night.
$200,000,000
- I enlarge the board of directors from 10 to 30 and elect a chairman of the board. I move the company to New York and purchase a building more apt at accommodating the board and its members.
$20,000,000
It's been a damn good year.
Total Estimated Expenses - Mall utilities, corporate restaurant fees and labor, Dubai hotel and resort fees and labor, hotel + gaming fees in Las Vegas = $70,000,000
Cashflow Positive - $149,300,000/year
Funds left at the end of 2015 - $251,650,000
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$251,650,000 in 2016
- Buy a 200 ft. Yacht
http://yachts.monacoeye.com/files/ilvagabondoagain.jpg
$50,000,000
- Give 5,000,000 to my wife for her to start a business venture of her own.
$5,000,000
- Donate 30,000,000 to Oprah's Angel network, along with other charitable organizations.
$30,000,000
- Take 3 years, spending quality time with my wife and work on getting pregnant.
Total Estimated Expenses - Mall utilities, corporate restaurant fees and labor, Dubai hotel and resort fees and labor, hotel + gaming fees in Las Vegas = $70,000,000
Cashflow Positive - $149,300,000/year
Funds left at the end of 2016 - $245,950,000
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$693,850,000 in 2019
- Spend $300,000,000 on another Hotel in Dubai, adding a casino on the floor this time. Then spend another $300,000,000 on another Hotel/Casino in Las Vegas. This one, I call "The Grandeur". Each hotel has 1,000 rooms. $200/ night's stay. The floors' make $30,000/ night as well.
$600,000,000
- Take 5 years off, spending more time with family and allowing my finances to accrue before I make more power moves.
http://www.hp-lexicon.org/images/lmr...-350px-lmr.jpg
Total Estimated Expenses - Mall utilities, corporate restaurant fees and labor, Dubai hotel and resort fees and labor, hotel + gaming fees in Las Vegas = $111,000,000
Cashflow Positive - $297,150,000/year
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$1,485,750,000 in 2024 - Billionaire Status Regained
http://ksway.co.za/247/wp-content/up...orbes-2008.jpg
Quote:
According to an article on forbes.com, the Denver Broncos were valued at $975 million.
Quote:
The 2008 average evaluation for 32 NFL team owners annual earnings was $1.04 billion USD
- Purchase the Denver Broncos :cooler:
$975,000,000
Total Estimated Expenses - Mall utilities, corporate restaurant fees and labor, Dubai hotel and resort fees and labor, hotel + gaming fees in Las Vegas = $111,000,000
Cashflow Positive - $149,300,000/year
Funds left at the end of 2024 - $399,750,000
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$399,750,000 in 2025
- Put my 9 year old boy and 8 year old girl in the best private school America has to offer.
$35,000/ child. $70,000/ year.
- Since most of the time spent managing my plethora of investments have been handed to the board of directors of my companies, - I spend the majority of my time funding the necessary materials to help build schools in Africa. I'd also fund charities, non-profit organizations and occasionally give graduation speeches at universities.
Total Estimated Expenses - Mall utilities, corporate restaurant fees and labor, Dubai hotel and resort fees and labor, hotel + gaming fees in Las Vegas, children's tuition = $111,070,000
Cashflow Positive - $1,149,300,000/year
Funds left at the end of 2025 - $1,437,980,000.00
So as you can clearly see.. I made the billion back within 15 years, plus an extra 430 million to top it off. My future annual earnings will be roughly $1,149,300,000.
Definitely not clear cut set in stone scenarios here, especially seeing as I don't have 1 billion USD. But if I did.. the above is what I would do. The numbers may fluctuate a bit up or down but I tried to base them off realistic figures. Some figures I researched before applying them within here. Forbes, among other websites were sources I used.
My point is.. make your money make more money. Don't let it accumulate dust and certainly don't blow it like an idiot.
Quote:
“A fool and his money are soon parted.” - Thomas Tusser