- Pay off debts
- Sort family and friends out for life
- Build an utterly monstrous PC
- Park the rest in the highest interest account that'll have me and live off the interest without touching the principal as much as as I can, do whatever the fuck I want for the rest of my days.
this post was submitted on 23 Jun 2023
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One billion is an insane amount. You can literally buy everything you see and your bank account would still be increasing from the interest alone.
In order to spend one billion you need to think in extreme cases, like buying some kind of company that is hugely overvalued.
Personally I'd buy a lot of land and create a research facility of sorts.
buying some company that is hugely overvalued
One Twitter, please!
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FIRE. And maybe a pizza.
- I would spend a small amount on my immediate indulgences (things I have wanted to do or buy)
- Then I would towards making investments that will give me enough passive income to grow my wealth and take care of my expenditure
- A comfortable house
- Give a good amount regular to charitable and non-governmental organisations that I believe are doing a good. But never to leeching relatives.
Initially? Nothing. Unless my identity has been publicly tied to this amount of money, in which case a plane ticket to somewhere I'm not known, probably.
Dump it all in some low-risk diverse funds, live off only a portion of the returns, and otherwise try to forget about it.
I'd go to an electronic store and buy everything I want
Everyone's all "stuff to make world peace!" but I'm gonna be honest with y'all.
A lot of old video games. Like a catastrophic amount of them.
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Start a nonprofit open source IoT hardware company. Internet-connected smart devices and appliances are cool, but not the way they are implemented now. I'd base everything on common hobby chips like ESP32, AVR, and STM32. Every single device would have a completely unlocked firmware upload port.
Controlling shares in smaller mining, green energy, & electric component(motors, solenoids, etc) stocks, and merging them together for vertical integration. Machinery, logistics, & other production stocks, merging into a separate conglomerate for vertical integration. Cargo boat manufacturing companies who specialize in low emissions. Politicians to get more subsidies in those areas, and promote my business practices while penalizing others.
Supply, production setup, logistics, I might throw in marketing just so they REALLY don’t have to go to anyone else. Any business who doesn’t want to worry about the dirty work will go to me. And they will listen to me..
I'd do all the things that most people would do. Pay off debts, help out family/friends, invest, donate, etc.
Other than that, I'd buy a castle. Something like this. Living in such an old place like that with all the history associated with it seems really cool to me.