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-   -   If you were a billionaire... (http://forums.pelicanparts.com/off-topic-discussions/1108758-if-you-were-billionaire.html)

biosurfer1 12-15-2021 01:01 PM

Quote:

Originally Posted by masraum (Post 11547659)

A bunch would go into investments.

Not sure I get this one...one usually invests to increase their wealth...what exactly will $2 billion get you that 1 won't to making investing make sense?

ckissick 12-15-2021 01:08 PM

In my OP, I was was only thinking of myself. Shame! I would also donate millions to children's hospitals.

aschen 12-15-2021 01:09 PM

I think a net worth over about 10-15 million would be wasted on me, my personal net worth is much less and I really don't want for much.

1st class tickets whenever/wherever without shopping for bargains is good enough for the girls I go out with. Galavanting around the world in a personal jet would be hard on my conscience

Jims5543 12-15-2021 01:14 PM

Quote:

Originally Posted by scotricker (Post 11547615)
I'm just not as quick as this guy ! One Minute !

It was the perfect response, it had to be made, it had to be made fast and first.

It also had to have no words, if you know, you know, that is all there is to it.

I am too sober to type up my fantasy. I see 2 responses here that resonate with me.

herr_oberst 12-15-2021 01:15 PM

I'd set up a lair and buy the top floor of a high rise apartment and live like Bruce Wayne, but without the crimefighting.

varmint 12-15-2021 01:16 PM

Quote:

Originally Posted by biosurfer1 (Post 11547681)
Not sure I get this one...one usually invests to increase their wealth...what exactly will $2 billion get you that 1 won't to making investing make sense?


Properly invested money helps other people build things and grow their own wealth. And makes you money too.

Money just sitting in a Scrooge mcduck vault is nice but not living up to its potential.

masraum 12-15-2021 01:18 PM

Quote:

Originally Posted by biosurfer1 (Post 11547681)
Not sure I get this one...one usually invests to increase their wealth...what exactly will $2 billion get you that 1 won't to making investing make sense?

It would be completely possible to think that the money train was never ending. Although, I suspect it wouldn't be that hard to go through a billion dollars over 25-50 years.

You start out traveling, staying at decent hotels and eating at decent restaurants. You could easily end up staying places that cost thousands per night and eating meals that aren't cheap. That could be the start. When money is no object because you feel like you could never spend it all, it would be easy to slowly escalate to more and more expensive purchases.

There are lots of actors and sports figures that have made obscene amounts of money, and are essentially broke because they over spend.

I'd like to invest a big portion, and use the returns for living expenses, and then be able to leave a bunch to our kids. I'd like to make my mom more comfortable and secure.

rcooled 12-15-2021 01:20 PM

http://forums.pelicanparts.com/uploa...1639606792.jpg

masraum 12-15-2021 01:30 PM

Charlie's thread from not that long ago which is about a ranch that went up for sale in Texas.
http://forums.pelicanparts.com/off-topic-discussions/1104830-i-think-ill-go-into-ranching.html?highlight=turkey+track+ranch

Quote:

An iconic ranch in the northern Texas Panhandle is up for sale for the first time in 120 years, and the sellers are seeking a once-in-a-century price: $200 million.

Turkey Track Ranch includes 80,000 acres under one fence. It boasts 26 miles of Canadian River frontage, seven creeks and multiple reservoirs, springs and lakes. It's home to bountiful grasslands, scenic mesas and two historic battle sites.

The Hutchinson County ranch's headquarters are located 27 miles northeast of Stinnett, Texas. The ranch has been owned by the Coble and Whittenburg family for more than a century.

"It is with careful consideration and great emotion that we announce that, after 120 years of stewardship by our family, we have decided to sell our historic Turkey Track Ranch in the Texas Panhandle," the family said in a press release. "For over a century this American landmark has been an integral element of our heritage. Generations of Cobles and Whittenburgs have created lifetimes of memories on the Turkey Track. Due to our family's increasing numbers and geographical distances, we recognize that it is time to find a new steward for this historic holding."

According to Icon Global, which is managing the sale, the ranch has a carrying capacity of 2,200 animal units and has the capacity to run an additional 2,000 head of stocker cattle. In 2016, it won the National Cattlemen's Beef Association Environmental Stewardship Award in 2016. The ranch has an extensive network of dams to capture rainfall runoff and control erosion.

Turkey Track is known for its wide variety of grasses, which includes little bluestem, big bluestem, sand bluestem, switchgrass, silver bluestem, side oats gramma, hairy gramma, blue gramma, buffalo grass, shin oak, sand plum and sagebrush.

"Turkey Track has an outstanding record for their environmental stewardship practices, water management programs and excellent grass diversity," said Pete Bonds, former president of the Texas and Southwestern Cattle Raisers Association, in a news release. The land is currently leased by Adobe Walls Cattle Company.

It has 1,200 acres of cropland, including 830 acres under irrigation, and its sale includes 40% of the mineral rights underlying the property. Currently, there are more than 20 oil and gas wells on the ranch, and while there are no solar or wind installations, whomever purchases the property will also receive 100% of those rights.

Icon Global owner, Bernard Uechtriz, said the price reflects the virtue of "it's one-time opportunity, its singular and unique attributes, and its scarcity, along with the add value factors as many other ranches cannot do."

One of those reasons is its history. Two battles of Adobe Walls were fought on the property in 1864 and 1874, which took place between the United States Army and the Kiowa, Comanche and Plains Apache tribes. A six-acre tract of ground was given to the Panhandle Plains Historical Society in 1924 to commemorate the 50th anniversary of the second battle, and a monument dedicated to the Native Americans who fought and died in the battle was erected in 1941. It still stands on the property.

"History is not something you can buy off the shelf and bolt on. You either have it or you don't," Uechtriz said.
Sounds impressive. I was curious, so I did a search to see if I could find the largest ranches in Texas. ^That one^ isn't even remotely in the top 10.

https://www.wideopencountry.com/10-biggest-texas-ranches/

Quote:

Cowboys and ranchers are alive and well here in Texas, if somewhat less visible to the masses. 95% of land in Texas is privately owned, and it's on some of the largest plots of privately owned land that cattle ranching is still a source of income for many, many people. Agribusiness is actually a very lucrative business for billionaires all over the state.

Though most native Texans have at least visited small, subsistence ranches at some point in their lives, we're not talking about your grandfather's 40 acres here. The ranches on this list are fulling functioning, profitable livestock and oil operations that span hundreds of thousands of acres. From San Antonio to Houston, the Texas Hill Country to Fort Worth, incredible ranches dot the expansive Texas landscape. The combined square footage of the 10 biggest Texas ranches reaches over four million acres or nearly 7,000 square miles.

Check out the list of the largest ranches in the Lone Star State to see how many you know.
Sources: Modern Farmer, Republic Ranches

10. Jones Family Ranch - 255,000 acres
Located on the South Texas coast near Corpus Christi, the Jones family ranches were founded by W. W. Jones in 1897 on land that had been part of the Las Animas Spanish Land Grant. The working ranch's real estate still holds structures dating back to the Spanish/Mexican colonial era. The ranches produce oil and welcome guests to stay on the lands' main ranch house, still run by the Jones Family after six generations.

9. The Four Sixes Ranch - 275,000 acres

Formerly owned by Anne Marion, the great-granddaughter of the four sixes hunting ranch founder Samuel "Burk" Burnett, the Burnett ranches have been operational since 1868. The ranch has three locations across West Texas and in the panhandle, growing from 100 head of cattle into one of the biggest ranches in the state. The massive property was recently purchased by Yellowstone creator Taylor Sheridan who plans on using his new land as the filming location and subject of his upcoming Yellowstone spinoff series.

8. Kokernot Heirs (06 Ranch) - 278,000 acres

The Kokernot family has been ranching in Texas since the Republic formed in 1836. The 06 brand was registered the subsequent year, and the Kokernot heirs are still running the operation today. Located in West Texas near Alpine and Fort Davis, the 06 Ranch runs a cow-calf operation as well as offering hunting leases and excursion services. The ranch has also served as a filming location over the years for various westerns and commercials.

7. Nunley Brothers - 301,500 acres

Headquartered near Sabinal, Texas, the Nunley brothers ranch lands span from South Texas up to the Hill Country, and out West toward Alpine. The brothers run a large cow-calf operation of the Santa Gertrudis breed. The Nunley brothers' grandfather, Red Nunley, started the operation over 70 years ago and partnered with Dolph Briscoe Senior to breed his herd.

6. Longfellow Ranch - 350,000 acres

Owned by SandRidge Energy founder Malone Mitchell III, the legendary but ailing Longfellow ranches have been transformed into a hunting paradise. Hunters can venture out to the Big Bend region to hunt elk and mule deer, which roam free on the over three hundred thousand acres ranch.

5. Hughes Ranch - 390,000 acres

While much of the Hughes ranch is kept for personal use, the family also sells cattle and hunting leases. The Hughes fortune was made in oil and gas by Dan Allen Hughes Senior. His son, Dan Allen Hughes Junior, has served the state of Texas as a commissioner and later a chairman of the Texas Parks and Wildlife Commission.

4. O'Connor Family Ranches - 500,000 acres

Irishman Tom O'Connor showed up in Texas flat broke and died a multimillionaire. Based in the South Texas coastal region, the O'Connor Ranch is home to the Tom O'Connor field, an oil field that has made its owners wealthier than even their forebears could imagine. The O'Connor family has been very civically involved in South Texas. One heir, T. Michael O'Connor, is currently serving as the Sheriff for Victoria County.

3. Waggoner Ranch - 535,000 acres

Though the legendary North Texas ranch recently sold to LA Rams owner Stan Kroenke, it still ranks as number three on our list for its sheer size, as well as its thriving cattle and oil operations. The W.T. Waggoner Ranch is a part of Texas heritage. In an interview with the Dallas Morning News, a representative for the Waggoner family stated in part, "We are confident that Stan will be a great steward of the Waggoner legacy going forward." Kroenke also owns a ranch in Montana.

2. Briscoe Ranches - 640,000 acres

What would eventually become one of Texas's largest and most storied ranches began in 1910 when Dolph Briscoe Senior founded the Briscoe Ranch out near Uvalde, Texas. His son and heir Dolph Briscoe Jr. would go on to not only expand the wealth of the ranch itself, but eventually hold office first as a Representative in the Texas Legislature, and then as the Governor of the state of Texas from 1973 to 1979.

1. King Ranch - 825,000 acres

As is implied in the oh-so-appropriate name, the King ranch reigns as the indisputable king of Texas ranches. If you aren't already familiar with Kingsville, and King Ranch Chicken Casserole, the highly recognizable running W brand has even been granted its own line of Ford pickup trucks. With its over nine hundred thousand acres, the King ranch spans across much of South Texas from Corpus Christi to Brownsville. Founded only eight years after Texas was admitted to the Union by Richard King, the ranch is still thriving today.

ckelly78z 12-15-2021 01:41 PM

I would probably build a 100 acre+ country retreat in Southern Kentucky over looking a big lake, or river, have many barns, including my own fire tower lounge. I would have a few classic sportscars, and muscle cars, and my wife would most likely have a large hosre facilty, with an indoor riding arena.

I would help out friends, and family, and possibly help them build a house on our acreage. We would travel also, but probably check out all 50 states, and the Canadian Provinces. I wouldn't have multiple vacation homes, I would just rent for a month, or two.

I would invest half of the $$, and live off the interest, so this would be generational money.

tabs 12-15-2021 01:41 PM

I have done exactly nothing for over 30 years..

I had thought about opening my own private buffet...but I realize that would hasten my demise..so I deferred on that idea...besides it is so much cheaper just to pay the freight and hit the already established buffets..let them do all the work..

There is no such thing as unlimited funds..

Wealth does not increase by 40% a year in a rational universe...something has to be seriously wrong for that to happen? And you had better find out what that is.

I know the greatest thing that you can posse is an inner peace of mind. That when your head hits the pillow at night you can sleep like a baby and not be plagued by your own inner turmoil. now that is not to say you won't have existential problems to solve as that is all part of the struggle of life..that is why they say RIP..cause that is when that is all over. Until then party on...

Bill Douglas 12-15-2021 01:45 PM

I'd like to feed the world's poor.

stevej37 12-15-2021 01:54 PM

I'd feed my turtles...shrimp every day. :)

Crowbob 12-15-2021 02:00 PM

I’d have 3 or 4 modest but very comfortable homes each situated on substantial acreage. If the land was arable, I’d have more of it. One in Italy, one in the SW, one in Northern Michigan and maybe one somewhere tropical. Completely paid for (including present and future taxes, repairs, and improvements) in perpetuity. Fully stocked and furnished with plenty of room to entertain. Each having an excellent, fully-stocked shop, caretaker’s quarters and whatever vehicles are appropriate for the various climates.

I have no idea what I’d do with the other $900 million.

tabs 12-15-2021 02:04 PM

A rich and famous actor once said, "He would like to be rich without being famous." There is something to be said for being anonymous . That is why I gave up the RR..it attracted too much attention...where ever you went... a nice Ford F150 suffices...no body notices..

tabs 12-15-2021 02:05 PM

Quote:

Originally Posted by Crowbob (Post 11547768)
I’d have 3 or 4 modest but very comfortable homes each situated on substantial acreage. If the land was arable, I’d have more of it. One in Italy, one in the SW, one in Northern Michigan and maybe one somewhere tropical. Completely paid for (including present and future taxes, repairs, and improvements) in perpetuity. Fully stocked and furnished with plenty of room to entertain. Each having an excellent, fully-stocked shop, caretaker’s quarters and whatever vehicles are appropriate for the various climates.

I have no idea what I’d do with the other $900 million.

You can only be in one place at a time...

tabs 12-15-2021 02:06 PM

Quote:

Originally Posted by Bill Douglas (Post 11547747)
I'd like to feed the world's poor.

and you would be broke tomorrow.

herr_oberst 12-15-2021 02:08 PM

Quote:

Originally Posted by Crowbob (Post 11547768)
I’d have 3 or 4 modest but very comfortable homes each situated on substantial acreage. If the land was arable, I’d have more of it. One in Italy, one in the SW, one in Northern Michigan and maybe one somewhere tropical. Completely paid for (including present and future taxes, repairs, and improvements) in perpetuity. Fully stocked and furnished with plenty of room to entertain. Each having an excellent, fully-stocked shop, caretaker’s quarters and whatever vehicles are appropriate for the various climates.

I have no idea what I’d do with the other $900 million.




Exactly. A billion dollars is an incomprehensible amount.

pwd72s 12-15-2021 02:08 PM

change my name...

Crowbob 12-15-2021 02:09 PM

Quote:

Originally Posted by tabs (Post 11547777)
You can only be in one place at a time...

Yep. Options, my friend. Options.


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