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What Would You Do If You Inherited $1Billion

I’m interested to see what y’all would do if you inherited $1Billion. First I would donate $20Million to the Salvation Army every Christmas and buy my family their dream cars and pay most of in not all on the dream house of their choosing. I would put my self absolutely last and just get me a car I like and upgrade it a little and get me a nice MotorCoach so I could travel but I would still work where I am as security for a mall because it truly brings me happiness to be right there for those who need help/assistance.

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exexec · 61-69, C

That's a thousand million, and I would go crazy trying to find 999 deserving charities to give $1 million each. I could do fine with the last million that's left over.

TexChik · F

@exexec Then less than 3% would actually be used for its intended purpose. Keep it, fund charities from the interest or earnings from your investments

exexec · 61-69, C

@TexChik No. I would want it to start working in as many deserving places as soon as possible, not gradually through interest only.

TexChik · F

@exexec Then 97% would go to salaries of those charitable foundations. 🤷‍♀️

exexec · 61-69, C

@TexChik Not if I choose wisely. I am quite careful about where I donate money.

Stillwaiting · M

@exexec best set aside some for taxes upfront

FCNantes · 22-25, M

@TexChik Not all charities are the same.

exexec · 61-69, C

@Stillwaiting True. I suppose that's 40% these days, so I'll only have 599 millions to donate.

exexec · 61-69, C

@FCNantes I would check all charities for efficient use of donations before I would give them any money. That's why I refuse to donate to most charities these days.

FCNantes · 22-25, M

@exexec That's fantastic! 👍