The very first thing is thank God, and then call all of my lawyers (personal injury, wills and estates, criminal, and tax), and my colleagues who know the ins and outs of investing (you have to be careful where you put money these days). I'm putting money up the right way. Next I would have a family meeting at The Outback Steakhouse. Sure we could go to Morton's or The Capital Grill, but I really don't want to over do it. We'll all eat good and I'll lay down some ground rules for us not to loose focus (everyone will get a fair and generous share). Next, order of events (not in chronological or numerical; it'll just happen when it happens):
...Donate to a few precincts/municipalities in major cities.
...Contact some old associates from The Hood, and put them on the payroll just in case (got to have people around to guard this and that).
...Donate to some churches that I am fond of.
...Donate to a few recreational centers for under-privileged inner city youth.
...Donate to AIDS/HIV research, herpes research, and cancer research.
...Buy my mom (even though she's irritating, she's still mom) a Lexus LS 460 and a house.
...Buy me a house (5 beds, 3.5 bath, 18 car garage (Rowed 6 x 3)), and a few other flats in the States. Also, buy some property to rent out. "..."a life like Grand Theft Auto, ***** PSP..." So what... That's part of my personality.
...Travel.
...Finish school ending up with a MBA from Wharton and a Master's in Engineering from Cal Tech. I'd also take some classes at Cornell and MIT; definitely not forgetting about Penn State and Howard University.
...Begin networking to help finance my own car manufacturing company. It may take a whole lot of loans, but we'll get there.
...Car List (all approximate spending values): It may change from time to time. BLUE = Stays in collection. YELLOW = May upgrade to new design model when it comes out.
1. 1941 Willy's Coupe w/ a Blown Chevy 502. = $75,000.
2. 1966 Chevy II w/ a worked 350 for street/strip. = $15,000.
3. 1967 Ford Mustang (Shelby GT 500). = $25,000.
4. 1969 Chevy Camaro SS (Pro Touring) w/ a fuel injected 427 (probably a LS7). = $25,000.
5. 1993 Honda Accord Coupe EX or SE, manual (decked out). = $10,000 = DAILY DRIVER (M, W, F).
6. 1995 Mazda RX-7. = $20,000.
7. 1995 Acura Legend LS Coupe, 6 speed. = $10,000 = DAILY DRIVER (T, TH).
8. 1996 Chevy Impala SS (if only you could see it now, you'd be impressed). X 3 (1 Black, 1 DGGM, and 1 DCM) = $50,000 = WEEKEND DRIVERS.
9. 2002 BMW M5. = $15,000.
10. 2003 BMW 330 Ci w/ sports package. = $15,000.
11. 2005 Ferrari 360 Modena, 6 speed. = $100,000.
12. 2005 Ferrari 360 Spider, 6 speed. = $100,000.
13. 2005 Ferrari 360 Challenge Stradale, F1 Shifting = $100,000.
14. 2006 Aston Martin Vanquish S. = $75,000.
15. 2007 Ford F-350 Super Duty. = $30,000.
16. 2010 Lamborghini Murcielago. = $150,000 or so (might go new ).
17. 2010 CLS 63 AMG. = $75,000.
18. 2011 Dodge Challenger SRT-8, manual. = $45,000.
19. 2011 GMC Yukon Denali XL. = Retail value (might lease).
20. 2011 Land Rover, Range Rover Sport. = Retail value (might lease) .
21. 2011 Chevy Express 2500 Cargo Van. = Retail vlaue (might lease).
OOPS: Forgot two of the most important cars of all (The Vettes), and a few others. I will buy them in their last year of production. Current years are posted.
22. 2011 Chevy Corvette Z06. = Retail value (buying).
23. 2011 Chevy Corvette ZR1. = Retail value (buying).
24. 2011 Volvo V50 = Retail value (might lease) = Because my uncle who passed really loved Volvo's, and I need a wagon in my collection.
25. 1999 Audi A4 2.8 Quattro, manual. = $15,000.
26. 2011 Lexus LS460 L AWD or LS600h L = Retail value (might lease).
I'd do other positive things too.
My son will be very well taken care of. *** VERY IMPORTANT***
Spending budget will follow soon to show that I can buy all of this, and still be very comfortable.
Budget:
Assuming taxes have been paid. If not, take out $5,000,000, and set aside for taxes (we will have a lot of tax write offs as well).
Cars, Yacht, and Motorcycles = $2,000,000.
Family = $7,000,000/15 people (I'm not sure who get's what chunks yet).
Totaling all donations = $6,000,000 (10% to the church(es), ummmmm).
Other non-included spending incidentals (lawyers, shopping, travel, other spending) = $2,000,000.
Homes and real estate (investments properties as well) = $5,000,000.
My Home (my design) = $500,000.
My fall back spots, 1 in each city (New York, Philadelphia, Miami, Los Angeles, Detriot, Chicago) = $1,500,000.
Homes in the nicer parts of certain big cities for rent = $3,000,000.
(Property taxes will be paid using rent collected, and I'll pocket whatever is left over. I'll just be glad having the equity/capital under my belt).
Other (travel, school, other expenses not counted for yet) = $3,000,000.
Invest properly = $20,000,000.
...Donate to a few precincts/municipalities in major cities.
...Contact some old associates from The Hood, and put them on the payroll just in case (got to have people around to guard this and that).
...Donate to some churches that I am fond of.
...Donate to a few recreational centers for under-privileged inner city youth.
...Donate to AIDS/HIV research, herpes research, and cancer research.
...Buy my mom (even though she's irritating, she's still mom) a Lexus LS 460 and a house.
...Buy me a house (5 beds, 3.5 bath, 18 car garage (Rowed 6 x 3)), and a few other flats in the States. Also, buy some property to rent out. "..."a life like Grand Theft Auto, ***** PSP..." So what... That's part of my personality.
...Travel.
...Finish school ending up with a MBA from Wharton and a Master's in Engineering from Cal Tech. I'd also take some classes at Cornell and MIT; definitely not forgetting about Penn State and Howard University.
...Begin networking to help finance my own car manufacturing company. It may take a whole lot of loans, but we'll get there.
...Car List (all approximate spending values): It may change from time to time. BLUE = Stays in collection. YELLOW = May upgrade to new design model when it comes out.
1. 1941 Willy's Coupe w/ a Blown Chevy 502. = $75,000.
2. 1966 Chevy II w/ a worked 350 for street/strip. = $15,000.
3. 1967 Ford Mustang (Shelby GT 500). = $25,000.
4. 1969 Chevy Camaro SS (Pro Touring) w/ a fuel injected 427 (probably a LS7). = $25,000.
5. 1993 Honda Accord Coupe EX or SE, manual (decked out). = $10,000 = DAILY DRIVER (M, W, F).
6. 1995 Mazda RX-7. = $20,000.
7. 1995 Acura Legend LS Coupe, 6 speed. = $10,000 = DAILY DRIVER (T, TH).
8. 1996 Chevy Impala SS (if only you could see it now, you'd be impressed). X 3 (1 Black, 1 DGGM, and 1 DCM) = $50,000 = WEEKEND DRIVERS.
9. 2002 BMW M5. = $15,000.
10. 2003 BMW 330 Ci w/ sports package. = $15,000.
11. 2005 Ferrari 360 Modena, 6 speed. = $100,000.
12. 2005 Ferrari 360 Spider, 6 speed. = $100,000.
13. 2005 Ferrari 360 Challenge Stradale, F1 Shifting = $100,000.
14. 2006 Aston Martin Vanquish S. = $75,000.
15. 2007 Ford F-350 Super Duty. = $30,000.
16. 2010 Lamborghini Murcielago. = $150,000 or so (might go new ).
17. 2010 CLS 63 AMG. = $75,000.
18. 2011 Dodge Challenger SRT-8, manual. = $45,000.
19. 2011 GMC Yukon Denali XL. = Retail value (might lease).
20. 2011 Land Rover, Range Rover Sport. = Retail value (might lease) .
21. 2011 Chevy Express 2500 Cargo Van. = Retail vlaue (might lease).
OOPS: Forgot two of the most important cars of all (The Vettes), and a few others. I will buy them in their last year of production. Current years are posted.
22. 2011 Chevy Corvette Z06. = Retail value (buying).
23. 2011 Chevy Corvette ZR1. = Retail value (buying).
24. 2011 Volvo V50 = Retail value (might lease) = Because my uncle who passed really loved Volvo's, and I need a wagon in my collection.
25. 1999 Audi A4 2.8 Quattro, manual. = $15,000.
26. 2011 Lexus LS460 L AWD or LS600h L = Retail value (might lease).
I'd do other positive things too.
My son will be very well taken care of. *** VERY IMPORTANT***
Spending budget will follow soon to show that I can buy all of this, and still be very comfortable.
Budget:
Assuming taxes have been paid. If not, take out $5,000,000, and set aside for taxes (we will have a lot of tax write offs as well).
Cars, Yacht, and Motorcycles = $2,000,000.
Family = $7,000,000/15 people (I'm not sure who get's what chunks yet).
Totaling all donations = $6,000,000 (10% to the church(es), ummmmm).
Other non-included spending incidentals (lawyers, shopping, travel, other spending) = $2,000,000.
Homes and real estate (investments properties as well) = $5,000,000.
My Home (my design) = $500,000.
My fall back spots, 1 in each city (New York, Philadelphia, Miami, Los Angeles, Detriot, Chicago) = $1,500,000.
Homes in the nicer parts of certain big cities for rent = $3,000,000.
(Property taxes will be paid using rent collected, and I'll pocket whatever is left over. I'll just be glad having the equity/capital under my belt).
Other (travel, school, other expenses not counted for yet) = $3,000,000.
Invest properly = $20,000,000.
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