Total Posts:53|Showing Posts:1-30|Last Page
Jump to topic:

If you were LOADED...

Danielle
Posts: 21,330
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 9:40:47 AM
Posted: 5 years ago
Suppose you were Carlos Slim (74 b) or Bill Gates (56 b). Just how generous do you think you would be? I know that the Gates are very involved in charity and whatnot, but how far would you personally go to be of assistance to others?

I'd like to think that I would give at least half of that away to several causes. For one thing, how much money do you really need?! Anything I could want: luxurious homes (or several), a yacht, expensive travel, fancy cars, fine dining, lots of gadgets, etc., would probably only total tops about 1 b a year, right? Think about it: 1 billion is 1,000 millions. At best I could see myself going overboard with 2 b a year, and suppose treating my friends and family even turned that up to 5 billion a year. Well what about the other 51--69 billion dollars?!

I would clearly like to invest some money, but even that much is a bit unnecessary. You need wealth to generate wealth, so they're already way ahead of the game. You don't need THAT much money. I feel like with ~ 20 extra billion dollars lying around I could vastly make some positive changes in the world.

It's ludicrous to think that hard work alone is what makes someone wealthy. It's primarily luck, and more often birthright. So why do rich people feel inherently entitled to all of that money? They certainly don't need it, and why would they even want it? It's not like you can take any of your possessions with you when you leave this place, so I genuinely don't understand their POV. I also don't know why even passing SO much money onto their children is important (a really nice safety net - I mean a few billion even, sure - but that much?!) or even beneficial.

Considering most people here are incredibly self-centered, I figured I'd ask around.
President of DDO
PARADIGM_L0ST
Posts: 6,958
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 10:12:29 AM
Posted: 5 years ago
At 7/20/2011 9:40:47 AM, Danielle wrote:
Suppose you were Carlos Slim (74 b) or Bill Gates (56 b). Just how generous do you think you would be? I know that the Gates are very involved in charity and whatnot, but how far would you personally go to be of assistance to others?:

I have a ton of admiration for people such as Bill Gates and Warren Buffet; people who are so wealthy that they couldn't possibly even hope to spend the bulk of their wealth in their lifetime.

If I was in such a situation, I have no doubt in my mind that I would give large amounts of money to reputable charities and/or personally deliver the funds to ensure there is no misappropriation.

It's ludicrous to think that hard work alone is what makes someone wealthy. It's primarily luck, and more often birthright.:

Neither Warren Buffet or Bill Gates assumed wealth, like the Hilton brats did. They just created innovative commodities that people wanted and are incredibly business savvy.

So why do rich people feel inherently entitled to all of that money?:

Because it's their money. If they choose to be generous with it, that's their right and their choice. I don't believe people should be penalized for success.
"Have you ever considered suicide? If not, please do." -- Mouthwash (to Inferno)
Danielle
Posts: 21,330
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 10:16:56 AM
Posted: 5 years ago
At 7/20/2011 10:12:29 AM, PARADIGM_L0ST wrote:
I have a ton of admiration for people such as Bill Gates and Warren Buffet; people who are so wealthy that they couldn't possibly even hope to spend the bulk of their wealth in their lifetime.

You admire them because they're wealthy? Or you admire them because they realize they couldn't possibly spend the bulk of their wealth? Interesting values ;)

If I was in such a situation, I have no doubt in my mind that I would give large amounts of money to reputable charities and/or personally deliver the funds to ensure there is no misappropriation.

Haha good. Because what else are they gonna do with it?! That's kinda what I'm asking. Of course it's their choice. I just don't see the POINT of all that money.

Neither Warren Buffet or Bill Gates assumed wealth, like the Hilton brats did. They just created innovative commodities that people wanted and are incredibly business savvy.

That doesn't mean it wasn't luck. Where and when they were born, their experiences, etc. all contributed (none of which they had anything to do with). Even people who put in A LOT of effort get by with a lot of luck. That's why not everyone who puts in A LOT of effort becomes that wealthy.

Because it's their money. If they choose to be generous with it, that's their right and their choice. I don't believe people should be penalized for success.

How are they being penalized for success? Judgment is not a penalty.
President of DDO
Ore_Ele
Posts: 25,980
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 10:30:08 AM
Posted: 5 years ago
Honestly, I'd invest all the money, and give away most of the interest (maybe keep a few million a year for myself, but even then, I don't know if I could spend a few million a year every year, after my home and barn are purchased, I'd probably be living off a hundred or two thousand). That way, money flows to charities and what nots year after year after year. And in the end, this will yield more money to them.
"Wanting Red Rhino Pill to have gender"
PARADIGM_L0ST
Posts: 6,958
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 10:33:05 AM
Posted: 5 years ago
At 7/20/2011 10:16:56 AM, Danielle wrote:
At 7/20/2011 10:12:29 AM, PARADIGM_L0ST wrote:
I have a ton of admiration for people such as Bill Gates and Warren Buffet; people who are so wealthy that they couldn't possibly even hope to spend the bulk of their wealth in their lifetime.

You admire them because they're wealthy? Or you admire them because they realize they couldn't possibly spend the bulk of their wealth? Interesting values ;):

I admire them for giving so much away, and not being so greedy to the point of absurdity.

That doesn't mean it wasn't luck. Where and when they were born, their experiences, etc. all contributed (none of which they had anything to do with).:

To some degree you're right. The timing of when a business comes out can greatly improve its chances (luck) of success. Obviously Microsoft came out right on the cusp of the technology boom. They happened to get their quicker than the competition. Had they not, there most likely would have been someone besides Bill Gates with the money under a different name than Microsoft. But it required an incredible amount of effort. No one would honestly believe that they could have amassed their fortune without taking calculated steps that required massive amounts of time to achieve. If it were not so, people would get rich for sitting on their couch, watching Maury, and eating bon-bons.

How are they being penalized for success? Judgment is not a penalty.:

The notion that people who have less are inherently entitled to people who have more.
"Have you ever considered suicide? If not, please do." -- Mouthwash (to Inferno)
brian_eggleston
Posts: 3,347
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 10:45:01 AM
Posted: 5 years ago
With that sort of money I could manipulate an entire government.

I'd buy up lots of media companies including international news broadcasters and the most popular and influential newspapers and impose my editorial will on them.

Then I'd meet with the ruling politicians and tell them that unless they implemented some of my own chosen policies, not only would I instruct my media empire to support their political opponents, but I'd also get my journalists to hack into his party members' private telephone conversations and to pay off public officials in order to dig up dirt on them, which I would then publish prominently.

If the politicians told me that such actions would be illegal, I'd agree with them but then tell them that they could do nothing about it because I have all the most senior policemen in the country in my pocket.

With this being the case, they may as well accept my invitation to come to my house for Christmas dinner, join me on exclusive sporting events as my guest and, if needs be, employ one of my disgraced journalists as their party's chief public relations officer.

I would do that if I were the over-privileged son of an evil, corrupt, grasping, extreme right-wing multi-billionaire media mogul, but I'm not.
Visit the burglars' bulletin board: http://www.break-in-news.com...
PARADIGM_L0ST
Posts: 6,958
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 10:49:00 AM
Posted: 5 years ago
At 7/20/2011 10:45:01 AM, brian_eggleston wrote:
With that sort of money I could manipulate an entire government.:

Or have the government manipulate you.
"Have you ever considered suicide? If not, please do." -- Mouthwash (to Inferno)
innomen
Posts: 10,052
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 1:15:45 PM
Posted: 5 years ago
I give a fair amount away now, but if i had that kind of money i would have to employ a completely different strategy, and i would need to make sure it's not just an ego feeding proposition.
el-badgero
Posts: 1,045
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 1:38:22 PM
Posted: 5 years ago
build stuff and blow stuff up. feed the africans. have parties with africans. have sex with africans. cure myself of aids. have more sex with africans and cure myself of aids again. have sex with monkeys and cure myself of subsequent diseases. do it again. zombify somebody. blow his head off with a shotgun. fight exotic animals. i'd eat a few elephants. create my own state. corrupt other states. go to war with other states. have a million children and raise them on my children raising island. we'll see what way i am about the molesting... joke! ammmm, what wouldn't i do...
DATCMOTO's moustache makes him look like an eejit...

edit: nah, i'm jealous... God's an eejit definitely though!
el-badgero
Posts: 1,045
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 1:39:12 PM
Posted: 5 years ago
or i might just die of a drug overdose...
DATCMOTO's moustache makes him look like an eejit...

edit: nah, i'm jealous... God's an eejit definitely though!
Ragnar_Rahl
Posts: 19,297
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 1:40:16 PM
Posted: 5 years ago
Invest in private army.

Conquer some little socialist hellhole.

???

Freedom!
It came to be at its height. It was commanded to command. It was a capital before its first stone was laid. It was a monument to the spirit of man.
el-badgero
Posts: 1,045
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 1:57:18 PM
Posted: 5 years ago
go to war with ragnar's state if it existed.
DATCMOTO's moustache makes him look like an eejit...

edit: nah, i'm jealous... God's an eejit definitely though!
MarquisX
Posts: 925
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 3:11:10 PM
Posted: 5 years ago
I'd invest a lot of money. I'd want the wealth to last generations. With the rest of it, I'd buy the state of Rhode Island and walk around its streets dressed like Dr.Doom
Sophisticated ignorance, write my curses in cursive
el-badgero
Posts: 1,045
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 3:20:53 PM
Posted: 5 years ago
i'd become a masked superhero and kill dr. doom!
DATCMOTO's moustache makes him look like an eejit...

edit: nah, i'm jealous... God's an eejit definitely though!
Thaddeus
Posts: 6,985
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 3:29:33 PM
Posted: 5 years ago
At 7/20/2011 3:20:53 PM, el-badgero wrote:
i'd become a masked superhero and kill dr. doom!

Way ahead of you. Don't believe me? Well have you seen Dr. Doom walking around lately? I didn't think so.
el-badgero
Posts: 1,045
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 3:41:33 PM
Posted: 5 years ago
At 7/20/2011 3:29:33 PM, Thaddeus wrote:
At 7/20/2011 3:20:53 PM, el-badgero wrote:
i'd become a masked superhero and kill dr. doom!

Way ahead of you. Don't believe me? Well have you seen Dr. Doom walking around lately? I didn't think so.

he's actually right outside my window right now strimming the lawn at the parts my father couldn't get at with the lawnmower for him. i wasn't really gonna kill dr. doom, i was just on about marquisx.. but since you're already after him...
DATCMOTO's moustache makes him look like an eejit...

edit: nah, i'm jealous... God's an eejit definitely though!
Veridas
Posts: 733
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 5:55:15 PM
Posted: 5 years ago
If I knew full well I had enough to last me, and I had a method of ensuring that the money I had was self-perpetuating. (stocks, investments, whatever) then I'd probably isolate a particular surplus sum each year and split it in half. One half would go towards a variety of causes, but in particular I'd like to see an end to AIDS, diabetes, breast and testicular cancer, and throw the rest towards Help for Heroes because I'll be god damned if they don't deserve it.

The second half I would use to lobby the government or form lobbyist groups, because frankly I figure having a politician or two in my pocket might help with other beneficial causes. (stem cell research, an end to our overseas conflicts, and so on) WHile I have no doubt it's not as simple as waving a wodge of money at number 10, I figure I can probably start up a tabloid or two, you know, give it an interesting name, I hear there are a lot of journalists out of work recently...

While I won't pretend I wouldn't have an agenda, mine would be geared more towards. "Let people do more" than the "let people who aren't us do less" which seems to be the current trend, and to be perfectly honest, f*ck that noise with a garden hose.
What fresh dickery is the internet up to today?
Phoenix_Reaper
Posts: 318
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 6:41:37 PM
Posted: 5 years ago
Buy Africa and fund the rebels.
Phoenix Reaper - To rise from the ashes of defeat and claim your soul.

: At 3/15/2011 4:23:07 PM, J.Kenyon wrote:
: Taste is for pussïes. Be a nihilist. Drink vodka.
PARADIGM_L0ST
Posts: 6,958
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 6:43:56 PM
Posted: 5 years ago
At 7/20/2011 6:41:37 PM, Phoenix_Reaper wrote:
Buy Africa and fund the rebels.:

Purchase a C-130; purchase a neutron bomb... Deploy said neutron bomb on Juggle headquarters. :)
"Have you ever considered suicide? If not, please do." -- Mouthwash (to Inferno)
Ragnar_Rahl
Posts: 19,297
Add as Friend
Challenge to a Debate
Send a Message
7/20/2011 11:45:29 PM
Posted: 5 years ago
At 7/20/2011 6:01:29 PM, FREEDO wrote:
If I was loaded, I wouldn't be.

If you was loaded, you was had paid it to teachers to abolish the subjunctive.
It came to be at its height. It was commanded to command. It was a capital before its first stone was laid. It was a monument to the spirit of man.
jat93
Posts: 1,440
Add as Friend
Challenge to a Debate
Send a Message
7/21/2011 12:49:11 AM
Posted: 5 years ago
If I were loaded right now... For myself: I'd donate a heck of a lot to Ron Paul's campaign, I'd buy a sh*tload of books from Barnes and Noble and set up my own personal library, I'd somehow use the money to publish some books and set up a popular blog, and I'd buy some more standard materialistic stuff like the best computers and tvs available, and a new house (mine right now is pretty small) with a nice backyard and a pool. Oh yeah, and a record player with every vinyl rock record ever made. That's about all I need, ever.

For selfless stuff, obviously I'd give billions to charities and causes I support, but I'd also get some personal satisfaction by physically giving money/helping out people in need myself, not just through organized charities. Other than that I'd go on living life as normal. I mean if not, I'd just sit around wondering what to do with all that money after a while, aside from giving it all away...
Mirza
Posts: 16,992
Add as Friend
Challenge to a Debate
Send a Message
7/21/2011 1:19:53 AM
Posted: 5 years ago
At 7/20/2011 10:16:56 AM, Danielle wrote:
At 7/20/2011 10:12:29 AM, PARADIGM_L0ST wrote:
I have a ton of admiration for people such as Bill Gates and Warren Buffet; people who are so wealthy that they couldn't possibly even hope to spend the bulk of their wealth in their lifetime.

You admire them because they're wealthy? Or you admire them because they realize they couldn't possibly spend the bulk of their wealth? Interesting values ;)
Bill Gates has spend a huge measurement of the money he had. He could be far wealthier if he never gave money away to charity. Also, Bill and Melinda Gates both plan on giving away all their money until they have 1% left for themselves.
Rockylightning
Posts: 2,862
Add as Friend
Challenge to a Debate
Send a Message
7/21/2011 3:06:06 AM
Posted: 5 years ago
At 7/20/2011 11:45:29 PM, Ragnar_Rahl wrote:
At 7/20/2011 6:01:29 PM, FREEDO wrote:
If I was loaded, I wouldn't be.

If you was loaded, you was had paid it to teachers to abolish the subjunctive.

Win
MarquisX
Posts: 925
Add as Friend
Challenge to a Debate
Send a Message
7/21/2011 3:23:34 AM
Posted: 5 years ago
At 7/21/2011 1:45:08 AM, Rockylightning wrote:
If I were loaded, I'd burn it all.

What? You Dick.
Sophisticated ignorance, write my curses in cursive
Rockylightning
Posts: 2,862
Add as Friend
Challenge to a Debate
Send a Message
7/21/2011 3:41:24 AM
Posted: 5 years ago
At 7/21/2011 3:23:34 AM, MarquisX wrote:
At 7/21/2011 1:45:08 AM, Rockylightning wrote:
If I were loaded, I'd burn it all.

What? You Dick.

Making life take the lemons back, you should know.