this post was submitted on 10 Jul 2024
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What would you do if you won 5 Billion GBP? (6.415450 billion USD) (feddit.uk)
submitted 4 months ago by Flax_vert@feddit.uk to c/asklemmy@lemmy.world
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Just a wonder on how you'd spend it. I'd probably buy up some land and build a nice village or town kind of similar to Poundbury. I'd probably sell houses at a fair price but only to people who send in a CV and seem to be upstanding people who actually want to work and be a part of a community, as well as giving them a mortgage Then I'd have a nice mansion and pretend to be a Lord where I can look over my wonderful tenants and maybe buy them Christmas gifts and send them birthday cards. Help them out if they need it.

Basically what some Lords did centuries ago but probably more kinder. Oh, and the place will be built with nice old timey architecture as well. Probably cobble streets because screw cars lmao. I just want to give people a nice life I guess as well as LARP as nobility

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[โ€“] slazer2au@lemmy.world 4 points 4 months ago (1 children)

Call a national account and law firm to set the money up in a way that minimises the amount of tax owed for ongoing years.

Call some wholesale investment fund managers and invest a several hundred mill in each.

Trust funds for the family with liveable stipends. Gets replenished by the wholesale fund dividends.

Finally get my drivers licence sorted and see where the wife wants to visit.

[โ€“] Tazerface@sh.itjust.works 1 points 4 months ago

A Foundation is how the rich keep their money tax free.