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which archipelago would you buy?
I would create my own archipelago in the shape of an "M"
Dont you mean a T for trillionaire?
I like your thinking on this one.
bruh imagine a $2B super mega yacht
It’s very interesting to see people like Musk and Bezos still working even after making that type of money. Like even after $219 MM or $21.9M I would have retired permanently. What exactly is the end goal for billionaires who continue the grind?
Did you ever play Call of Duty Modern Warfare 2 or any of the games in that series? Google it if not. After you unlock all of the guns, perks, attachments, etc. you have basically won the game. You're as deadly as you can possibly be and you can focus your entire time on dominating other players / winning matches.
However, the game offers you an option to "Prestige". Basically resets your account back to zero. Now you have very few usable guns, perks, attachments etc. But next to your name, there is a little icon that shows how many times you've "Prestiged". Sounds stupid, yet so many players did it.
Why? Because leveling up is fun. The grind is fun. It gives you a purpose in the game outside of just owning newbs and winning matches. And to top it all off, everyone knows you're a serious gamer because you've got that little icon that says you've prestiged x times.
I have to imagine billionaires think similar to this. They are incredibly bored just being rich and relaxing. So they keep grinding, keep making that little number associated with their name go higher and higher. Because it's fun and they want to be #1.
^^^^Genius. Well done.
this is amazing
solid take
My perspective on this has changed since I have retired plus interacted with a lot of other people who have retired. For people who have made a ridiculous amount of money in life (I don’t fall into this category), the work environment is a very different place. When the founder of the company walks into a room, (s)he is the absolute boss and everybody grovels at his feet. Whatever he says goes — he can override pretty much any decision. If he doesn’t want to attend a meeting or even go into the office that day — screw it, nobody can say anything. In this environment, going to work can be incredibly fun and empowering. You cannot replicate that feeling at home, in a fancy restaurant, or even sailing around on a yacht with your family. Basically, when you’re the big dawg and winning, work suddenly becomes a really positive environment. This is true not only for people like Elon Musk but also investment banking MDs, PE partners, lawyers, etc.
What age did you retire?
36
Lmao you think that's a lot? The House of Saud and the Japanese Imperial family has tens of trillions slushing between their dozen or so most prominent members.
Didn't know the Imperial Japanese Family had that high of a net worth. Knowing them though and the sheer reverence they command from the populace, I'd believe it.
I think the concept of money gets very weird when we start talking about heads of state, royal families, etc. Would they even be allowed to go broke by their respective countries and governments?
the grind and fun is in the winning and in the process
money is just a byproduct that affirms your position
219 billion would be a problem due to what the market has been looking like, there is a limit to how many mansions, jets, yachts one can buy
so the money eventually needs to go back to the market
20 billion dollars is a glass ceiling in which you can buy the best art, chateaus in France, sports franchises, and a lot of domestic help.
so at the crux, it comes down to philanthropy and making more money
You'd have your local boat: $100K, your 1 Bedroom maybe for $1M, your mid distance yacht $50M, your mega yacht $600M. You don't really need any more boats than this. Maybe a cigarette boat but that's it.
The main concept here is that $219 billion dollars is pretty hard to comprehend. It's insane.
I don’t have to imagine bro. I’m going into banking 😏
Honestly it's amazing to see this in action. I don't subscribe to 'worshiping Elon' as some people do, but it is genuinely amazing what happens when a man with amazing vision grinds his way to the absolute top & now has the power to buy entire companies worth tens of billions of dollars -- as a personal side project!
IMO this is the true beauty of capitalism
2 chicks
at the same time
Honestly I'd use that to kick-start my own country. Only accept high-skilled laborers allowed, low taxes, extremely clean streets, high degrees of automation. It would be benevolent dictatorship. I guess you could say I'd want to create the next Singapore
What region of the world would you consider purchasing the land from?
Bonaire. Total GDP ~$500MM. With $200 billion you could you do your own sort of hostile takeover.
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