[Events] What would you do if you were a billionaire?

Tiger_AU
2022-11-10
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Forbes has released its annual ranking of the world’s richest people, with 2,668 people on the list (which is 87 less than just 12 months ago).

The world’s richest billionaires comprise many well-known names - Elon Musk has been crowned in first place for the first time with his $2.9 billion fortune. Jeff Bezos, Bill Gates, and Warren Buffett all also make the top 10 in third, fifth, and sixth place respectively.Forbes’ real-time data shows that 41 Australian billionaires have made the list of the world’s richest billionaires. Billionaires in the mining, software and manufacturing industries feature heavily, but also retail, casino, investment, construction, and real estate.

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Please leave a comment on this post. We would like to invite you to participate in a discussion about what you would do if you were a billionaire.

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⏰Activity Duration

10 November, 2022-17 November, 2022 AEST

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Comments

  • CndzRed
    2022-11-12
    CndzRed
    Win 100 Tiger-coins
    I‘m already working towards becoming a billionnaire and have plans ready when I become one. I would go into food business, starting from raw material production (farming & livestocks) up to marketing.
    • CndzRedReplyCndzRed: 
      And yeah, I’d aim to maintain a low profile as being flashy doesnt really suit me. [Cool]
    • CndzRedReplyCndzRed: 
      <span class="s1">I’d also set up scholarship programs, give regularly to my favorite charities, and travel the world with my family, friends and derserving employees.
    • CndzRedReplyCndzRed: 
      I’d also set up scholarship programs, give regularly to my favorite charities, and travel the world with my family, friends and derserving employees.
    • CndzRed: 
      Organic of course, to promote healthy lifestyle as well as to nurture mother earth. This way, id create jobs esp for the less fortunate ones and help people become financially independent.
  • Mccoy
    2022-11-12
    Mccoy
    Win 100 Tiger-coins
    I will use the money to invest wisely and conservatively, use the returns to start a Foundation and donate to charity, start a scholarship for students for less fortunate background. My lifestyle remains the same as I have enough.
  • DesertFox88
    2022-11-12
    DesertFox88
    Win 100 Tiger-coins
    With inflation as it is, we'll need to be a multi-billionaire to be able to make a big difference in the world. Things that I would do to alleviate poverty:
    1) Set up micro-loans in under developed countries with coaches to help advice the poor on the best ways to invest their money...in effect teaching them to fish well;

    2) Educate the young-create self-sustaining schools that are able to provide good education in poor areas using proven educational techniques. at same time, using these schools to identify high potential students for more focused grooming to become future philanthropists to help their community - a virtuous cycle;

    3) Develop a way to reach out to young parents on key knowledge in raising children successfully, including ways to help them in terms of funding for their children's nutrition and education even;

    the list goes on...

  • ShengSoon
    2022-11-13
    ShengSoon
    Win 100 Tiger-coins
    If I were a billionaire, I'll immediately pay off all my property  loans to create positive cash flow on a monthly basis (from rental collection). Next, I'll build a financial institution which educates the people on how to make proper investments so that they won't let their hard-earned money go to waste. Then, another portion of the money will be used to invest in startups or researches because I'd love to the see dreams that help to make this world a better place materialise [Cool]
  • RDPD富爸穷爸
    2022-11-13
    RDPD富爸穷爸
    Win 100 Tiger-coins
    If I'm a billionaire, wealth is just a number. It means I have all the money and time to spend for the rest of my life without working. This is a luxury that working adults don't have. So what will I do? I will set up philanthropy funds to build school and free education in the 3rd world countries. I will set up hospital and provide free medical for the poor that are living in poverty. When one pass away, you can't bring your wealth to the grave, leaving behind a legacy for the future generations are more worthy than wasting your time away retiring doing nothing.
  • Furore
    2022-11-13
    Furore
    Win 100 Tiger-coins
    I would set up a fund and put 50% of my wealth there. This fund will make regular donations to various charities around the world leaning towards people with disabilities, food and sanitation for the needy
    I will use the other 25% to invest in green companies, half of the returns to be reinvested in the same and the other half for wildlife conservation
    The rest (25%) I would keep for my family
    That's if I become a billionaire which I doubt I would

    On a more practical aspect, I aim to donate 1% of my income to charitable causes
    I'm not able to follow the same plan, donate half of my wealth, invest 25% into green companies and keep the rest, because I'll have problems meeting my basic needs if I follow the same plan
    It's easier for the wealthy to donate huge amounts, as they are able to do so and still have no problems meeting their basic necessities
    However, I believe everyone should still practice charity and giving back to the society
    It's the thought that counts, not the amount

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