That means Bill Gates has officially given more money to charity than any human. As in, how about buying one of every single book, ever made? Musk, who is based in California, has since been overtaken by Amazon boss Jeff Bezos, but still sits in third place on Bloomberg's billionaires index. No way, that's another terrible investment. His latest book, "Storm Proof Your Money", was published by John Wiley & Co. Visit a quote page and your recently viewed tickers will be displayed here. With a million dollars, you could have that first issue comic book you've been dreaming about, or you could feed a small village for a number of years. Donald Trump is living proof. ). I'm the Money Wizard, a 20-something who started this blog after I saved $100,000 by age 25. Start small. That kind of money can make a difference. Reporting on what you care about. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. Which new hobby would you most likely see yourself taking up? A free game challenges players to try their luck at spending the kooky Tesla boss's $166billion (£116billion) fortune in just 30 seconds. Here is a list of our partners. So what do you buy when you get that kind of money — assuming you want to spend it? Of course you do. Will you be hiring others to work with you? The national average price of a home, say the feds, is $525,000. While Musk has some of his billions invested in real estate and other ventures, the vast majority of his net worth is tied to his roughly 20% stake in Tesla. I'll probably integrate that into my plans somehow. You might not be the type to buy a yacht, but you might splash out on something you've always wanted. Have your receipt at the end! “Our Flag Means Death” is a good show, though. Here is a list of our partners and here's how we make money. A 23 car garage, which houses a luxury car collection. If someone gives you grief, call it irony. Get in touch with us. Heck, buy houses for all your friends. Plus, in addition to the house, Gates owns a massive real estate portfolio, including: Car and real estate collections aside, Bill’s still keeping the philanthropy strong. I may start a charity, but probably not a business. The game assumes you have $90 billion to spend. He built a game (it’s really just a website) that lets you pretend to be Bill Gates for a minute. No, it’s not quite the same as the challenge facing “Monty” Brewster, hero of the novel and multiple “Brewster’s Millions” movies. These things don’t drive themselves. What started as a financial blog to hold herself accountable while she paid off debt of over $32,000, transformed into a self-development journey allowing her to create a life by design and not by default. Here's how I would spend one billion dollars. What do you make of the game? I may direct my charity to make certain investments. Something for everyone interested in hair, makeup, style, and body positivity. (Trust me, just search for “lottery horror stories.”). Our partners cannot pay us to guarantee favorable reviews of their products or services. Perhaps I will try to do it now. Nerdy tip: If you want to buy a house whether you win the lottery or not, check out our fancy mortgage calculator. (That’s on top of Bill’s serious art collection, including a $36 million Winslow Homer painting bought in 1988.). You need the Apple fortune. Do you have a story for The Sun Online Tech & Science team? If you get bored with the view out your window, and you want something beautiful to hang on the wall, one of Monet’s Water Lilies paintings is up for sale shortly in New York. I could use that for a number of things. It's all about leverage. You just won $1,000,000,000. Your Tax Dollars at Work: Ukrainian Officials Blew $100 Billion in US Uniparty Dollars on Sports Cars, Mansions, Luxury Vacations, etc. Pumpkin Key includes a “dock master office and 20-slip marina able to accommodate a mega-yacht.”. He likely wants to figure out if he has the mindset and mental capability required to earn one billion dollars. FindaPilot.com is a service matching pilots to job postings. I will bring back loads of gifts for family and friends from my travels. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. OK92033) Property & Casualty Licenses, NerdWallet™ | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105, Mega Millions: 5 Ways to Spend a Billion-Dollar Jackpot. The money was collected as part of a one-cent sales tax after county voters approved . I'm traveling all over the world until the funds run out. If you had $1 billion, by my calculations, you could buy about 1,900 average houses. The property taxes alone will run to about $100,000 a month, or four days'. Buy a house. Read all I'm going to buy a lot more clothes from all the places I'm going to visit. Endless, soul-sucking legal proceedings! Once your 30 seconds is up, you're presented with a set of results that show what you bought and how much of Elon's balance is remaining. In January, he became the wealthiest man on the planet after Tesla’s unrelenting shares surged almost 750 per cent. Do you think your eating habits might change? Collected billions of dollars in the game and cannot buy anything with it, what is the point? That’s the question facing the unknown winner of that record Mega Millions jackpot. If you were to spend $1,000 every day, it would take you 2,740 years to spend a billion dollars. Do I have to pay taxes? To see all content on The Sun, please use the Site Map. It will go pretty fast. That sounds fun. For other inquiries, Contact Us. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. How likely are you to get the newest gadgets on the market? I Spent 1 TRILLION Dollars On This HOUSE! It was updated Jan. 11 2023, to reflect a new lottery jackpot. One of each, please. Think you could do it? Do not sell or share my personal information. And as long as you have to wait anyway, why not just order two? Will you make any upgrades to your current home? In fact, there’s only 29 teams in all of Major League Baseball, so if I’m Bill Gates, why not buy the whole league!? Statista assumes no I’m not going to look up the math this time, just assume it’s a lot. “Our Flag Means Death” is a good show, though. Touche, Bill. Right? Not at all. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. US residents can opt out of "sales" of personal data. I’ll lay out my own prejudices: Rich people with a private jet want to project a ruthless corporate-raider image, rich people with a gigantic yacht are inherently partiers who fell into a lot of money, and rich people who own both are corporate raiders who want to pretend they have fun sometimes. I’d be willing to buy a life or power up or whatever it’s called for each of them for one month. Also, an indefensible carbon footprint. Also, movie costs cited in the press (and above) are typically just the production costs and don’t include marketing and distribution, which can run into tens of millions of dollars. I might bid on some trips or adventures at a charity event. A Division of NBC Universal. I will mostly be interested in classic cars that hold their value well. I may support an artist, but I don't have any artistic plans for myself. These things don’t drive themselves. Have your receipt at the end! And if we don’t, that $2 was worth the daydreams it spawned. Twitter loves this story. All of it. Do you have any artistic projects in mind for the money? I found a 2020 Gulfstream G600 — the only G600 currently for sale, according to the ad — for just under $53 million. Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday (January 23) which is expected to ease congestion at the country's ports and help it become an African hub for transshipment, handling cargoes in transit for other destinations. He even argued that no one could easily spend one billion dollars without wasting money. I’ll weave the reality check right into the item here. Don’t buy a jet, seriously. The total bill would only be around $100 million. I may do a bit of traveling, but it's not my top priority. Well guys, I’m not a very good billionaire, because I failed to spend my last few billions. (Just kidding. But you don't actually get all that money if you win. I'll keep eating the way I do. Players start with a total of $166 billion (Bloomberg's latest estimate for the Tesla and SpaceX CEO's net worth is $161 billion, as of Wednesday). I may collaborate with others, but I don't see hiring people. Bespoke suits from Savile Row in London will cost you about $5,000. If you think earning one million is impossible and earning one billion is impossible, then figuring out how to earn either one requires roughly the same mental effort, correct? (Bill is a huge Porsche fan), A 4.5 acre lot with a 12,000 square foot mansion in Wellington, Florida. How much do I really get? The game assumes you have $90 billion to spend. Also, sea-level rise is swallowing the Keys, thanks in part to people in private jets and superyachts. Somebody’s going to win that jackpot, so why not us? The most expensive movie ever made was “Pirates of the Caribbean: On Stranger Tides,” at an estimated $379 million. How to Earn $101,200 per year and pay ZERO taxes. Demystifying the Magic of Financial Freedom, March 31, 2020 By The Money Wizard 7 Comments. So lean into it. Pumpkin Key is 28 acres and will set you back $95 million. I don't plan to be home very often. I bought about 51575333 video games and spend about$90,000,000,000 in total so I would say that I’m a pretty good billionaire. But that will allow you to add your own private touches, the particulars of which we don't need to hear about, frankly. I disagree. Superyachts also come in handy should you decide to become a supervillain. I think I could spend one billion. Could You Spend 1 Billion Dollars? Nevada, where this home is located, has no state income tax. You totally could totally.). I think there are much better things I could do with my money. In other news, Musk recently claimed that his company SpaceX could land astronauts on the Moon within the next three years. Pre-qualified offers are not binding. You haven't spent a single dollar! The conditions: I have to spend it on myself. (Gates built it after buying the whole block for $27 million.). Meta Will Restore President Trump's Facebook and Instagram Accounts After 2 Years - Spokesman Clegg Lies and Says Facebook Believes in Open Debate Spend Bill Gates' Money is an online game that you can play in modern browsers for free. I bought a lifetime supply of Big Macs cheeseburgers. How would you spend $1 billion dollars if you had 24 hours to do it, or lose all of it?! Roughly half of all Americans buy at least one lottery ticket per year, despite the nearly impossible odds of winning. My fiancé and I agreed that it is not about the money. Talk to most veteran rich people and they’ll tell you the two happiest days in their life were the day they bought their yacht and the day they sold it. If you choose a lump sum, you get a little more than half of that: $707.9 million. This would not be a focus of my spending. We're simply going to observe the choices you make and try to figure you out a little. The latest jackpot, though bound to rise in the coming days, is at this writing estimated at $1.35 billion. So apparently, there’s this guy Neal (better known as Neal Fun from his clever url, https://Neal.Fun) who decided to put Bill Gates’ staggering wealth into perspective. The way you spend your money is completely up to you. Are you interested in riding a rocket into space as a tourist? If it makes sense for the work I have planned, sure. What Is a Credit Score, and What Are the Credit Score Ranges? That might be fun. I track my net worth and spending every month, and I share all the details (even when they're not pretty) here: Check out the legit tool I use to track my net worth and spending for free: Your email address will not be published. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. A billion dollars should last a while if you play it right. ¿What would you spend it on? Except nobody wants to drink alone, so might as well make it 73,000 lifetime cups. Nerdy tip: If you really want a boat, lottery be damned, you can get a personal loan for that. Pirate movies are never coming back. I'll probably spruce it up and get it ready to sell for a profit. Ten minutes to Miami by private helicopter (note to self: buy helicopter). I want to see sports all over the world. You can even share your results on social media and compare them with your pals'. I don't think much will change, but I do hope to make friendships with those I help. “Avengers: Endgame” spent $200 million on worldwide marketing — and seriously, do you want to compete with Disney? The 228 acre Rancho Paseana in California, which he bought for $18 million. And some of the stories about it are wild…. That was in 1978. Interesting fact: Billionaires, on average, take up no more physical space than non-billionaires, yet require much larger boats. Jeff Bezos decided he wanted the biggest yacht in the world (naturally), and it has been under construction in Rotterdam, Netherlands. The world is ready again. I've always been interested in making jewelry. Spent is an interactive game created by McKinney that challenges you to manage your money, raise a child and make it through the month getting paid minimum wage after a stretch of unemployment. Over $80,000 of computer screens within the house, not counting the $150K digital displays that rotate paintings. LaTisha is the founder of Young Finances, which teaches simple finance for millennials. We’ve already established that no one really needs one billion dollars. It was edited by Jeanette Woods. In the interview, he mentions his financial goal. How likely are you to start a new business? Do you think you can do it? It’s pretty finite.”, He thought about leaving his fortune for his kids, but according to other interviews, he eventually decided to take the Warren Buffett approach. Find your information in our database containing over 20,000 reports, video gaming is a billion-dollar juggernaut with an annual industry value, biggest revenue segment in the video games market, generated via microtransactions and downloadable content, subscriptions, and other means, monetizing their titles via live services, most of their revenue from in-app purchases, most popular cloud gaming and gaming subscription services. (Down slightly from an estimated net worth of $107.1 billion in November 2019.). Towergate Insurance, a maritime insurance company, estimates the annual operating cost for a luxury yacht to be 10% of its initial value. Yeah. For added incentive, if you fail the challenge the money goes to an organization dedicated to kicking kittens- and 1 billion will buy a lot of innocent kittens to kick, so you better not fail. I might actually increase my debts. A free game challenges players to try their luck at spending the kooky Tesla boss's $166billion (£116billion) fortune in just 30 seconds. Copyright © 2023 MarketWatch, Inc. All rights reserved. Now, I'm sharing everything on my journey towards early retirement in my 30s. Many or all of the products featured here are from our partners who compensate us. For as long as you expect to live, and then some. If you’re going to go crazy for real estate, you may be better off buying this $75 million palace on Lake Tahoe, where you’ll be free from the three disasters — the madding crowds, state taxes, and the dangers of global warming.
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