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Topic: Rankings ... ugh

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MikeDeTiger

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Re: Rankings ... ugh
« Reply #4256 on: June 13, 2025, 11:08:47 AM »
Quote from: FearlessF on June 13, 2025, 09:26:21 AM



Haven't heard of several of those.  I thought Oprah would be on there, but after looking her up, her $3 bil makes her a pauper relative to these gals.  
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betarhoalphadelta

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Re: Rankings ... ugh
« Reply #4257 on: June 13, 2025, 11:31:54 AM »
Quote from: MikeDeTiger on June 13, 2025, 11:08:47 AM

Haven't heard of several of those.  I thought Oprah would be on there, but after looking her up, her $3 bil makes her a pauper relative to these gals. 
Well, Oprah has a distinction most of them do not... She earned that ish herself. 

I don't recognize all those names, but most of those I do are either the widows of rich dudes or the divorcees of rich dudes. 
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MikeDeTiger

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Re: Rankings ... ugh
« Reply #4258 on: June 13, 2025, 11:44:01 AM »
Yep.  Oprah hustled her way to wealth.  Frankly, from my vantage point, it's hard for me to distinguish the material different between $3 bil and $50 bil.  The obvious snarky answer is $47 bil, but I can't envision how my life my might any different between the two.  
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betarhoalphadelta

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Re: Rankings ... ugh
« Reply #4259 on: June 13, 2025, 11:53:33 AM »
Quote from: MikeDeTiger on June 13, 2025, 11:44:01 AM
Yep.  Oprah hustled her way to wealth.  Frankly, from my vantage point, it's hard for me to distinguish the material different between $3 bil and $50 bil.  The obvious snarky answer is $47 bil, but I can't envision how my life my might any different between the two. 
Yep. Despite the reputation I like to maintain around here as an elite, I don't REALLY have tastes that are all that expensive. 

$3-10M for a nice big house on Lake Mission Viejo, whatever I need to spend for a membership at a country club, and a HELL of a lot of airline flights and hotels to see the world, and I'm pretty well set. I don't even need $1B to fund that for the rest of my life and have a crapload left over to pass down to kids. 
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utee94

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Re: Rankings ... ugh
« Reply #4260 on: June 13, 2025, 11:57:35 AM »
Agree.  A paltry $500m would probably get me where I'd like to be and still have plenty leftover.

Lakehouse with a couple of modestly priced boats, and then flights and hotels all over the world for a couple dozen years.  
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MikeDeTiger

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Re: Rankings ... ugh
« Reply #4261 on: June 13, 2025, 12:37:45 PM »
I think $500 mil would allow me to do pretty much anything I wanted for the rest of my life, plus give generously to some charities and religious organizations.
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Cincydawg

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Re: Rankings ... ugh
« Reply #4262 on: June 13, 2025, 12:54:46 PM »
A few decades back, a friend of mine and I figured $20 million would do it.  With that we could do pretty much anything "we" really wanted to do, not counting silliness.

I don't have $20 million today, but I can do whatever we really want to do, so long as I don't go crazy.  If I had more, I'd be looking at giving more away.

I think buying a plane is worse than a boat.  I had shared owndership once and was the Treasurer, so I know how much they cost, even little ones.
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betarhoalphadelta

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Re: Rankings ... ugh
« Reply #4263 on: June 13, 2025, 01:14:22 PM »
Yeah, but if I only had $20M, it would make it hard to justify more than about $3M for the house... That's kinda entry level for lakefront :57:
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Cincydawg

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Re: Rankings ... ugh
« Reply #4264 on: June 13, 2025, 01:45:56 PM »
We figured $20 million in addition to having a place to live, it was "play money", not capital money.

It's probably double that today.  Let's say $50 million in the "bank" and you need say $2 million a year in expenses.  One can get over 3% today on high quality municipal bonds.  Berkshare has an average 11% return.  Maybe split the difference.

Borrow against Berkshire if you need money.  Zero taxes.
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FearlessF

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Re: Rankings ... ugh
« Reply #4265 on: June 13, 2025, 10:54:20 PM »
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"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."

FearlessF

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Re: Rankings ... ugh
« Reply #4266 on: June 13, 2025, 11:09:12 PM »
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"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."

847badgerfan

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Re: Rankings ... ugh
« Reply #4267 on: June 14, 2025, 06:52:23 AM »
Sleepin' on RBU. Love it.
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Cincydawg

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Re: Rankings ... ugh
« Reply #4268 on: June 14, 2025, 10:15:10 AM »
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847badgerfan

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Re: Rankings ... ugh
« Reply #4269 on: June 14, 2025, 10:17:01 AM »
That list is missing Ross.
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U RAH RAH! WIS CON SIN!
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