this post was submitted on 10 Jul 2024
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What would you do if you won 5 Billion GBP? (6.415450 billion USD) (feddit.uk)
submitted 4 months ago by Flax_vert@feddit.uk to c/asklemmy@lemmy.world
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Just a wonder on how you'd spend it. I'd probably buy up some land and build a nice village or town kind of similar to Poundbury. I'd probably sell houses at a fair price but only to people who send in a CV and seem to be upstanding people who actually want to work and be a part of a community, as well as giving them a mortgage Then I'd have a nice mansion and pretend to be a Lord where I can look over my wonderful tenants and maybe buy them Christmas gifts and send them birthday cards. Help them out if they need it.

Basically what some Lords did centuries ago but probably more kinder. Oh, and the place will be built with nice old timey architecture as well. Probably cobble streets because screw cars lmao. I just want to give people a nice life I guess as well as LARP as nobility

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[–] kescusay@lemmy.world 30 points 4 months ago (1 children)
  1. Pay off the remainder on my mortgage.
  2. Pay off my parents' mortgage.
  3. Buy a new house that is large enough for my family to live comfortably in, without being ostentatious.
  4. Give my old home to my in-laws. They could use it.
  5. Set up a fund that produces enough interest for me and my family to live off of in perpetuity. $4 million in an account that produces 5.5% interest annually would be $220,000 (pre-tax) every year, which is plenty for our needs.
  6. Set up a foundation to help the poor, fund environmental projects, support social justice causes, and so on with all of the rest.

I do not need $6 billion. No one does. I don't want it. It would ruin me. The absolute best thing I could do with it is dedicate the overwhelming majority of it to causes I believe in, rather than hoarding it or buying a bunch of stupid shit.

[–] brenticus@lemmy.world 5 points 3 months ago (1 children)

I agree with all of this. Except I would probably buy all the stupid shit I want because I have no concept of how all the stupid shit I want could amount to more than a rounding error.

[–] kescusay@lemmy.world 4 points 3 months ago

I can easily afford all the stupid shit I'd actually want on $220K/year earnings from interest.