What a question. My answer? Ball so hard muhf****k@s wanna fine me.
With the current multi-state Powerball topping a whopping $500million or more payday for the lucky lottery player(s), I began to wonder if one were to win $500million tonight, what all can be done with $500million?
Buy everything in the Neiman Marcus 2012 Christmas book
With items ranging from a special edition McLaren 12C Spider for $354,000, His & Hers fantasy gift in the form of Van Cleef & Arpels “Poetic Wish” watches and trip(to Geneva) costing $1,090,000, $150,000 woody tailgate trailer complete with a sound system and stocked bar, a $250,000 private dinner for 10 featuring four famous chefs and a $70,000 piece of art by Robert Wilson that features a video portrait of a snow owl; you will surely h ave plenty leftover.
Bottega Veneta Suite at Park Hyatt
With the room rates at about an average of $4,500 per night you could make this your home away from home indefinitely and anything you want from NoMI kitchen and the wonderful creations of chef Ryan LaRoche would be at your disposal.
We’re not talking the stuff from World Market or prints from Art.com. Imagine investing in works by Damien Hirst, Basquiat, Jeff Koons, Warhol, Cy Twombly, the best part, get all these in your collection then you can lend it out to Art museums with your name next to the info plaque while it appreciates in value, that’s ballin!
A trip to France
In your Tomas Maier tricked out private Boeing 767 with 25 of your closest friends, rent out the Abbey of Hautvillers and have a weeklong private session with Richard Geoffroy, Creator and Chef de Cave of Dom Pérignon with food catered by French Laundry’s Thomas Keller whom you flew in along with his staff for the occasion and bought out French Laundry just for that week. What?! $500mil son!
No not to stay, but buy it out. You are now sitting on $500million so getting a meeting with THE Ian Schrager should not be problem. Over neat Johnnie Walker(because that’s what you would drink for such an occasion) you lean in close, not creepy, and tell him you are buying his hotel and he’s invited to the celebration party, aptly titled studio500, BOOM!
So many non-profit organizations could use the help as government funding wanes and they rely more on private/individual giving. Ken and Anne Griffin have several wings and buildings named after them, so does Sam Zell and many other, now it’s your turn.
Donate $50million to your alma mater and you get a building named after you (win win).
Establish a foundation and you get to impact a ton of smaller organizations. Take a meeting with Dean Harrison(CEO) and Holly Gibout (Dir. Philanthropy) of Northwestern Memorial Hospital and discuss how your contribution can get you a plaque on the platinum donors list.
If none of these sound appealing, you could look to #investinaStartup *cough* this one *cough* SLC or you know have a Northern Trust wealth management team help you take care of it.
If you’re the gambling type, get your Powerball tickets and hopefully your lucky numbers are pulled later on tonight.
I’m curious, what would you do with $500million?
*images: architectural digest,Neiman Marcus