LogFAQs > #976333064

This is why you need to teach financial literacy to people. That amount of money is life-changing, but unless you're able to make it equitable, you're going to go bankrupt within 5 years. I couldn't live in a mansion. It would be too much for me, both in cost and lifestyle. I'd be more apt to purchase a penthouse. I'd also put the vast majority of it away in bonds and investment savings.

I couldn't even fathom having 1.6 billion dollars. I get anxious over $500 payments, never mind buying a massive mansion.

Ok. After reading the rest of the article, he can probably make $968 million work for him as long as he doesn't get stupid and or get murdered. Houses are a good investment, but all they are are land banks for the most part.