How the hell can you blow nearly £10 million in a decade?

[Mckenzie]

10 million really isn't that much. Some houses in London cost 1.5-2 million if bought outright. That's already a fifth of his money gone. A lot of the Sports cars he would have driven are over 200k, a fifth of a million. 5 of them would cost a million.

5k a night hotels, in clubs and bars the bill can easily reach 50k, escorts charging 2k per hour. You can probably do this on a rinse and repeat basis every week and travel to the States and do the same thing. All your money will go under 2 years without doubt.

 

[NotMyL]

Most lottery winners are poor people who don’t know how to manage money in the first place, if you ever win the lottery your first step should be to get a good financial advisor and lawyer. If you are not disciplined, it’s better to take the payment option instead of the the lump sum.

 

[Muji]

This is a story of self-sabotage and having anpoor mindest
The first thing you would do with ten million is to seek a financial advisor.

 

[Muji]

10 million really isn't that much. Some houses in London cost 1.5-2 million if bought outright. That's already a fifth of his money gone. A lot of the Sports cars he would have driven are over 200k, a fifth of a million. 5 of them would cost a million.

5k a night hotels, in clubs and bars the bill can easily reach 50k, escorts charging 2k per hour. You can probably do this on a rinse and repeat basis every week and travel to the States and do the same thing. All your money will go under 2 years without doubt.

It’s mostly spent on loans and holidays for family and friends

 

[Macalin M]

Poor people have a higher Marginal propensity to consume. He may have gotten 10 mill but he was still a poor boy at heart

 

[Mr.Haggis]

10 million really isn't that much. Some houses in London cost 1.5-2 million if bought outright. That's already a fifth of his money gone. A lot of the Sports cars he would have driven are over 200k, a fifth of a million. 5 of them would cost a million.

5k a night hotels, in clubs and bars the bill can easily reach 50k, escorts charging 2k per hour. You can probably do this on a rinse and repeat basis every week and travel to the States and do the same thing. All your money will go under 2 years without doubt.

high class escorts in kensington charge max £600 an hour.

 

[bluebird]

rich people are on drugs all the time, no depression involved, they take it to have a good time and experience the feeling

If you do it all the time your depressed especially first thing in the morning I love ice cream but if I were to eat it every day let alone for breakfast that goes beyond simple enjoyment and shows your life is spiraling out of control

 

[bluebird]

£10M isn't what I would call wealthy. That's Middle-class in most places. You can blow that amount of money in a few years.

The true elite can't spend their money fast enough e.g. Bill Gates, Jeff Bezos, Michael Bloomberg etc. They will never stop being billionaires, let alone go bankrupt. They didn't earn it, the stole it. Nobody earns a billion dollars, that's physically impossible.

10 million is middle class? Thats 12 mil usd with that amount in the US in most places besides the ridiculously expensive ones you could spend 1 or 2 million on a mini mansion/mansion , 1 million on a car, put 5 million away for savings and still have 5 million to invest into whatever business if you wanted. How expensive is London???

 

[Tukraq]

They didn't earn it, the stole it. Nobody earns a billion dollars, that's physically impossible.

totally incorrect but I could expect these false points from a marxist

 

[Tukraq]

10 million is middle class? Thats 12 mil usd with that amount in the US in most places besides the ridiculously expensive ones you could spend 1 or 2 million on a mini mansion/mansion , 1 million on a car, put 5 million away for savings and still have 5 million to invest into whatever business if you wanted. How expensive is London???

where are mansions 1 million lol, maybe some lame tuulo in middle America, most are going to a more desirable location like LA/Miami/newyork, and spending 7 mill on their mansions, and the dude lost it in 10 years even by your story it would be burnt up that quick due to the maintenance on the 1 mil car and 2 mil mansion(taxes) over 10 years

 

[KobeBryant]

10 million is considered working class in Palo Alto Bay Area.

 

[Tukraq]

10 million is considered working class in Palo Alto Bay Area.

a broken down shack cost 2 mill over there lol, good problem to have

 

[KobeBryant]

where are mansions 1 million lol, maybe some lame tuulo in middle America, most are going to a more desirable location like LA/Miami/newyork, and spending 7 mill on their mansions, and the dude lost it in 10 years even by your story it would be burnt up that quick due to the maintenance on the 1 mil car and 2 mil mansion(taxes) over 10 years

Screw you coastal elitist niggas, Middle America is heart and soul of this country.

 

[Tukraq]

Screw you coastal elitist niggas, Middle America is heart and soul of this country.

dont cap if you got 12 mill your not living in Ohio or Iowa lol, your moving to Calabasas

 

[KobeBryant]

dont cap if you got 12 mill your not living in Ohio or Iowa lol, your moving to Calabasas

On god nigga my ass leavin this negative 40 degrees Fahrenheit shit is outta control.

 

[Tukraq]

On god nigga my ass leavin this negative 40 degrees Fahrenheit shit is outta control.

thats what I'm saying man, at 12 mil your moving to a city catering to you like LA, where the weather, women, events/social life, food and lifestyle are built for you, at the same time these types of place cost crazy amounts to buy a house so blowing it all isn't really that crazy lol

 

[bluebird]

where are mansions 1 million lol, maybe some lame tuulo in middle America, most are going to a more desirable location like LA/Miami/newyork, and spending 7 mill on their mansions, and the dude lost it in 10 years even by your story it would be burnt up that quick due to the maintenance on the 1 mil car and 2 mil mansion(taxes) over 10 years

only and idiot would burn through 12 million quickly. And I’m happy being in lame middle America where we don’t over pay for housing.

Sucks for you living in expensive but still lame Washington. No wonder your view of the world is warped:/ no offense

 

[Waaqo of Punt]

rich people are on drugs all the time, no depression involved, they take it to have a good time and experience the feeling

Nice, fun movie but I doubt that's how most of the rich live it up

 

[bluebird]

I think somali habro would burn through 10 million quickly though, they would spend it all on furniture and diracs from dubai

 

[Prince Abubu]

10 million is middle class? Thats 12 mil usd with that amount in the US in most places besides the ridiculously expensive ones you could spend 1 or 2 million on a mini mansion/mansion , 1 million on a car, put 5 million away for savings and still have 5 million to invest into whatever business if you wanted. How expensive is London???

"Middle-class" is a large bracket. Doctors and dentists earn millions in America. Software engineers and research scientist earn salaries that go from $100-250k. Successful lawyers and accountants for big firms earn $300-400k/year. It is actually quite easy to become a millionaire in America/UK if you're on a big salary.

P.S. I don't actually believe there is such a thing as "middle-class". It's a nebulous made-up concept used by politicians and capitalists because it serves a purpose in dividing people and stopping class-consciousness.

I think a more accurate term would be "PMC", meaning 'Professional Managerial Class".

Btw London is expensive. It's the UK equivalent of the Bay Area in the US.