What would you do if you had U.S.$120,000,000 ?

Faramarz_Fateh
by Faramarz_Fateh
20-Oct-2009
 

Last night I found out that a Korean guy I knew back in the 90s had won a huge Mega Millions jack pot worth over $120M a couple of moths ago.  This guy had tried his hand at many different occupations: owning a Korean restaurant, wholesale used car dealer, and in the last 90s, a real estate "kar chagh kon"; he would bring Korean families to buy homes in S. California at the start of the real estate boom and charge a finder's fee from other Korean agents.  He said he was doing well when we talked back then.

I went through a quick series of emotions after hearing the news about this guy.  First I was happy for this guy and his family, then got depressed about why my tickets never win jack shit and then started thinking what I would do with $120M if that was my ticket that had won?

 
1) Buy homes for my 2 sons. 

2) Buy cars for my sons.

3) Buy a nicer home for me.

 
4) Take a 1 year around the world tour with the wife and kids. 

5) Open up a few schools in U.S., Mexico, Iran, and somewhere in Africa for poor kids.

Then I got stuck.  What the hell else would I want to do?  Couldn't really think of too many other things.  May be a few health clinics here and there......

There are 500 people worldwide who have over $1B in wealth.  Another 2,300 who have between $500M-900M

I am not sure but probably 5,000 more who have between $100M-$500M  (for the link-o-philes on i.com, NO I do not have a source or link for this....purely a guess for the sake of argument)

What the hell do these people do with their money?  Why do they even have that much money?

I think only a sick human being would want or need to have let say more than $500M.  What do you think?  Maybe if I had $500M I wouldn't be thinking this way.  Who knows.

Balatarin
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more from Faramarz_Fateh
 
maziar 58

arezoo.........

by maziar 58 on Tue Oct 20, 2009 05:30 PM PDT

I remember back in the 90's this mexican guy won $ 5 or$ 7 million in california lottery.......

And he said....... he is going to buy a good set of jumper cable and take the whole family in his old chevy van to Orlando!!!!

Back to the $ 120 millions, if I happen to get it I'll move to patagonia.            Maziar


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Mardom Mazloom

...

by Mardom Mazloom on Tue Oct 20, 2009 05:17 PM PDT

I would hire all Basejis twice the price that mullahs pay them to overthrow IRI.


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Kaveh Nouraee

If This Were To Happen To Me

by Kaveh Nouraee on Tue Oct 20, 2009 04:18 PM PDT

1) Retire any and all family debts (of course)

2) Establish trust accounts for my child's education and beyond

3) Set up a scholarship for academcially gifted students who otherwise can't afford higher education

4) Fund research that is proving to be effective in eradicating cancer and ALS

5) Finance a research project designed to discover why, more often than not, winners of lottery jackpots are Asian, Latino, Blacks, or some country bumpkin who is married to his sister, and to find out why the only lotto tickets that seem to win are the ones purchased in either the worst neighborhoods you can imagine, or out in the middle of nowhere.


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Darius Kadivar

I would give it All to the Iranian Opposition ;0))

by Darius Kadivar on Tue Oct 20, 2009 03:07 PM PDT

Just to Piss Off Trita Parsi and NIAC !

//iranian.com/main/news/2009/10/20/us-cuts-funding-iran-opposition

LOL


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NOT_AK69

$120 million doesn't go that far anymore

by NOT_AK69 on Tue Oct 20, 2009 02:42 PM PDT

Now say you move that decimal place a bit and made it $1.2 Billion....

I would procure the services of Blackwater for the sole purpose of Akhund removal.

AK69 WAS HERE


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default

delete

by sag koochooloo on Thu Dec 03, 2009 05:21 AM PST

delete


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capt_ayhab

scholarship endowment

by capt_ayhab on Tue Oct 20, 2009 01:56 PM PDT

Usually the people who win these amounts of cash end up wasting it all inside of 3 - 5 years.

But If I had that much money in one lump sum, First I would give an endowment to the university in the amount of 10 million, to be used for scholarship for disadvantaged but bright Iranian students.

One more project I love to do is to build a shelter for homeless, in which we can teach them some trade so they can earn a decent living.

Rest for my own family and future grand children.

 

-YT 


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Babak_SD

Elimination of extremes of wealth and poverty

by Babak_SD on Tue Oct 20, 2009 01:48 PM PDT

166 years ago, Baha'u'llah called for elimination of extremes of wealth and poverty as a means to end world's economic problems.

The way to fix the world's economic problems is through spiritual solutions as Baha'u'llah has declared; truely spiritual human beings will not have a need to amass billions of dollars while others live on a few cents a day because they would understand the meaning of justice.


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Maryam Hojjat

I would Spend it on IRAN

by Maryam Hojjat on Tue Oct 20, 2009 01:11 PM PDT

to help Iranians who are fighting against this monster Arab regime called IRI/IRR.

Payandeh IRAN & IRANIANS


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