Social Question

shpadoinkle_sue's avatar

What would you do if you were a billionaire for five hours?

Asked by shpadoinkle_sue (7188points) April 1st, 2010

I read in the Wall Street Journal that a man had chekced his bank account on a friday night and found a balance of almost 89 billion dollars. The technical error was quickly fixed saturday morning. Very interesting. Tell me how and what you’d spend it on, if at all. Would you alert the bank?

Observing members: 0 Composing members: 0

58 Answers

jazmina88's avatar

I would pay off my house and credit cards, put some in savings…....

The bank would find their own error….they always do.

Captain_Fantasy's avatar

The bank would notice their error and expect you to pay back the money you spent.
I’d take a picture of my balance for sure.

DeanV's avatar

Invest it quick. Then I could be rich for a little more than 5 hours.

TexasDude's avatar

Buy some precious metals. Buy some nice toys. Build my dream home and pay off my family and friends’ debts, as well as give a big hunk to a charity or two.

HTDC's avatar

Give it to Africa. The bank would never take back money from such a poor country.

jerv's avatar

As much as I would like to go wild, @Captain_Fantasy has a point. Given the problems I am having with unemployment right now, I really don’t need to dig myself any further in the hole, especially not as deep a hole as I could dig with that sort of cabbage!

slick44's avatar

@Captain_Fantasy… you are right. you could do nothing. their mistake but you would have to pay.

RealEyesRealizeRealLies's avatar

I’d donate 10% to charity and then alert the bank to the error.

Though I might buy Sarah Palin a reality check before returning the rest of the money.

gorillapaws's avatar

I’d pump-and-dump the hell out of a stock to try to generate as much profit I could before the bank took their money back.

RealEyesRealizeRealLies's avatar

I’d buy GM and sell it to Honda, quick!

Ltryptophan's avatar

I’d buy and smelt as many pennys as I could, and then have them thrown in a volcano.

Jayy's avatar

i’d buyout lockheed martin and make them go bankrupt. somehow…

Ltryptophan's avatar

I’d go on a shopping spree at T.J. Maxx!

VohuManah's avatar

I would use it to bribe bank executives so they wouldn’t fix the error. From there, I would threaten blackmail and take over the bank. Using these less than legal underpinnings, I would embezzle most of the bank’s finances, donate a significant part of them to charity, and move to a giant mansion on my own private island.
@Fiddle_Playing_Creole_Bastard I think I would prefer this

Kismet's avatar

I’d probably help my parents out with some of their bills, and pay for my mom’s trip to attend her mother’s funeral.

The rest I’d probably save to buy a cute little house in Florida with my lover, and I may throw in a couple little things to spoil him. :)

Zen_Again's avatar

I would sit around and watch tv and wait for the error to be discovered.

Ltryptophan's avatar

Immediately wire that shit to a country with a non extradition treaty. Time limit gone. Already have passport ready. Max out credit card on the way to said country. On arrival hire the goons that took out Tony Montana at the end of Scar Face. Um, the rest would likely involve, radar, stingers, finger print removal, plastic surgery, diversification of assets.

Jayy's avatar

Actually on second thoughts I would buyout google and get them to change back youtube’s horrific new layout.

Ltryptophan's avatar

I would have sex with the frozen cave man they found a while back…first and foremost

TexasDude's avatar

@VohuManah, nah, not for me. I prefer Victorians to the midwestern manse look.

Ltryptophan's avatar

Buy a money vault and swim in it a la scrooge.

lilikoi's avatar

Hah! I’d withdraw all of it, and move out of country.

shpadoinkle_sue's avatar

@Ltryptophan might I just say, you’re making my day night so much lovelier.

MayBear's avatar

Give my loved ones money so they can get whatever they need or want, go buy a few cars, go get a house and than get some new clothes. Selfish…maybe. But im honest.

Ltryptophan's avatar

lil old me!

Ltryptophan's avatar

I would so buy fluther and let myself ask more questions daily.

Ltryptophan's avatar

I would pay someone to get a scale tattoo of me on them.

Ltryptophan's avatar

@py_sue my back, on their front…

shpadoinkle_sue's avatar

@Ltryptophan That is an image I will never forget.

Ltryptophan's avatar

I would do what everyone else who doesn’t “really” have billions of dollars but thinks they do does, shoot a rap video!

gorillapaws's avatar

I’d play monopoly with real properties.

DarkScribe's avatar

I’d shave the top of my head and then get myself a really cool “comb-over” type hair-do so that I’d look the part.

Nullo's avatar

I would alert the bank first thing, and hope that they leave me the gold and/or silver axes alongside my normal one.

If I actually had 89 billion clams?
Tithes would take up 8.9 billion. Then a few million for a scholarship fund with unusual requirements. I’d give an annual donation to the ol’ alma mater.
I’d take up university as a hobby.
I’d buy newer, better stuff (like a TV that turns on the right way, and a bike with disk brakes).
The rest I would invest or else lock away for emergencies both personal and familial, and then give myself an allowance. Suddenly getting too much money can mess a person up.

TexasDude's avatar

Smart thinking, @Nullo

gorillapaws's avatar

I’d pay someone to calculate π to it’s very last digit and settle the matter once-and-for-all.

Arisztid's avatar

First, I could not do much having found this at night… everything is closed. If I had found it in the morning, the following is what I would do. Bear in mind that I would have assistance in this from my wife, her sister, her sister’s husband, and her sister’s adult daughter. What I did not have to do directly the others could help with so we could do as much of it as possible.

First off, I would contact the bank to make sure it is mine because I certainly do not want to spend all of this money only to have it, and a lawsuit,coming down on me later. Assuming that all of it is mine:

1) I would ask a savvy friend where to invest, ask him to set up any meetings for me after he has decided, and invest the most intelligent way possible, paying the friend for helping (and just plain giving him or her a bunch of it to be nice). I would call him first off so s/he could be working while I am doing the rest. While my friend was working on this I would continue:
2) pay off all of mine and my wife’s medical bills. We are never going to get free of these unless such a windfall were to occur
3) pay off all of our other outstanding debts
4) pay off all of my sister in law and brother in law’s medical bills and other debts.
5) ask my doctor’s office and my wife’s doctor’s office if I could deposit a significant amount of money for future treatment, as in 10s of thousands, because we do not have medical insurance. See if I can pay in advance for my sister in law and brother in laws copays… they have insurance but the copays are brutal and they often have to go without due to it.
6) look into any health insurance that would have my wife and I despite pre-existing conditions and, if there is one that would take either of us, pay up front for as long as possible.
7) look into paying for my utilities for as far in advance as humanly possible… if that is allowed.
8) pay our car insurance up as far in advance as they would take, changing it to full coverage.

I am certain that within business hours I could achieve that with the help of my wife, in laws, and friend. If I could manage this in 24 hours, I would then:

1) purchase a home that I could afford to maintain when I become poor again (if I could do this in 24 hours). I suspect that a realtor would be willing to work after hours for a sale. If that is not possible, pay my rent up front for as long as humanly possible.
2) if I have the time, purchase a new car, one that I shall be able to maintain and afford gas for after I am poor again.

shpadoinkle_sue's avatar

@Arisztid Very, very well done. Very smart. :)

Arisztid's avatar

@py_sue Thankyou very much, :)

OperativeQ's avatar

I’d buy a lap top, a nice tv, a new camera, and pay off my parent’s house/vehicles and pay off my sister’s debts.

OpryLeigh's avatar

I would pay some bills and pay of my debts (overdraft and credit card). They aren’t large debts but they are enough to make me wish that they weren’t there!

Back in the real word though, I agree with @Captain_Fantasy. The bank would expect you to pay back any money spent so it would prbably be best that I informed the bank and hope for some kind of reward for my honesty!!!!

Just_Justine's avatar

Well of course I’d alert the bank as they find out anyway, and I’d be in huge debt. But if I did receive it and it was mine, I’d give millions away to charity then invest the rest. (That way the shopping spree lasts more than five hours!).

XOIIO's avatar

Set up offshore bank accounts and start transfering koney. Lucky, yet poor guy though.

Violet's avatar

Pay of the debt of, and give money to all of my family, my boyfriend, all of my boyfriend’s family. Buy a house, buy my parents a new house, buy my boyfriend’s parents a new house, buy my boyfriend’s sister a new house. New cars for all as well.
Give to ASPCA, ARF, WWF, Defenders of Wildlife, Red Cross, Humane Society, and animal shelters, etc.

mrentropy's avatar

@Violet The World Wrestling Federation could use a few bucks.

XOIIO's avatar

I meant money.

Violet's avatar

@Violet I can’t think of a funny joke to respond : (

Pandora's avatar

Report it to the bank and insist on a sign letter from the president of the bank to cover me on next years taxes. The last thing I would need is to be held responsible for taxes on billions.

jerv's avatar

@Pandora Why not? I mean, we already pay the taxes on other’s billions….

slick44's avatar

@XOIIO… I like the koney better.lol

Fenris's avatar

@jerv : if you spend and invest it all in under five hours, you could write a book about it and make a documentary later on and probably get off scott-free due to the sheer ludicrousness of the debacle.

One word: laundering. You could buy a country’s mafia with that scratch. First hour would go to finding people to launder it, next three would be for transferring it, and the final hour would be to erase the traces of activity and shut down the bank account.

mrentropy's avatar

I would give it all to this Nigerian prince that’s been asking for my help.

Fenris's avatar

@Violet : poor violet, has your rapier-wit been parried by the bluntness of the issue at hand?

Violet's avatar

@Fenris when I would write out my comment, it sounded mean/rude, toward @mrentropy, so I didn’t bother

Fenris's avatar

@Violet : ah, so it got tangled in a web of awkward.

mrentropy's avatar

@Violet It was worthy of a mean and rude response. Anyway, it took me a while to figure out why a bunch of wrestler’s were so interested in panda bears.

jerv's avatar

@Fenris My luck is such that the person I found to help launder the $$$ would be undercover FBI. Historically, I have never really gotten away with anything so I don’t see how that trend would end just because of a few dollars.

Answer this question

Login

or

Join

to answer.
Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
or
Knowledge Networking @ Fluther