I think I’d also like to have a radio station, or an independent TV station. Howard Hughes did. I’d set the schedule to only stuff I want to watch. Were it a radio station, talk with amadeus! It would be like Larry King’s old series minus the politicians.
Wouldn't it be better to fund a candidate you support?Retire. Travel. Slowly spend the money on political attack ads.
Oh, that's a good one. Same as @warpus, I'd make sure everyone I like gets something good and long lasting. Most people I know have student loans, so I'd pay those off. I'd probably do one long-term thing and one immediate thing, like student loans plus a new car or a vacation or something.
Unless they ask. Then they get nothing. (Well, maybe. Depending on how it's asked.) Anyone coming out of the woodwork also get nothing.
I'd set up a trust fund for my niece as well. Maybe my nephew; I don't have contact with him and was only around for the first year or two of his life, but he's disabled and his mother is neglecting his care. I'm not sure how I'd help him in a way that she couldn't abuse that wouldn't require my constant micromanagement.
Then, I'm going full meta. I'm going to start an organization focused on figuring out counterintuitive or otherwise clever ways to improve things. The first thing the organization will do once established is probably to solicit ideas from the public, and "winning" ideas earn winners $1K. Bill Gates already does high-resource good. Elon Musk already does clever-engineering good. I want to initiate think-way-outside-the-box good.
Yes it is possible. Trusts can be constructed such that they are very, very hard to break and the money is locked into very specific uses and distributions.I think it's possible to set up a trust fund that's locked down in a way that would prevent someone from taking advantage of it. If not, you could just hire a PI to keep tabs on the situation or something. With $1B there seem to be plenty of options that would cost relatively little.
I'd set up a trust fund for my niece as well. Maybe my nephew; I don't have contact with him and was only around for the first year or two of his life, but he's disabled and his mother is neglecting his care. I'm not sure how I'd help him in a way that she couldn't abuse that wouldn't require my constant micromanagement.
2. Hire me and my wife personal assistants. They'd live on site in a guest house or something and basically do whatever the heck we told them (within reason of course). Like yes, not working I'd like to bathe my children, play and read with them, feed them and do all the daddy stuff, but some days I can imagine needing help for sure with the extra kids. And laundry, who wants to do that ever? I love cooking but some days I just want dinner already made for me. I also like grocery shopping but not all the time. So my assistant would do all that crap for me. And baby sit on date nights. So come to think of it, we might just need a full time maid/cook who cleans and does all the laundry and shopping and cooking when we need it in addition to our assistants. And I'd pay them well over market rates, plus tons of benefits. I'd probably need to incorporate and hire them as employees.