Sunday, March 11, 2007

Wonderballs


The stereotypical lottery winner is a redneck type who fritters away the cash and blows it on gold-plated owls and the like. Here in the UK, we have Michael Carroll as our archetype.

That makes the story of Brad Duke more interesting. This guy worked at a gym, and when he won $85 million, he assembled a team to help him invest his money with the aim of becoming a billionaire. Other than setting up a family foundation, he seems to have only spent just over $200,000 on himself, and still takes classes at his old workplace. You've got to respect a guy who can be so level-headed.

Via Kottke.

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2 Comments:

Blogger Nev 360 said...

I'm sure I could handle $85m sensibly.

2:49 pm  
Blogger Jenny said...

When I was working in the hospital last summer as a chaplain, I met this one guy who was in because he had some sort of medical problem (obviously); I really forget what it was. I think it had something to do with having this horrible rash on his skin because he is homeless or something. I bring this up because while I was talking to him, he was telling me his life story, including that he once was a lottery winner - $4 Million US Dollars. Not as big as some of the pots now-a-days, but certainly not a meager amount. Anyhow, after he had received this money, he started dating this girl and he actually gave her $2 Million of it! She (obviously) was dating him only for his money, so once she received the money, she split. Meanwhile, he squandered the other $2 million of it in record time and ended up being in even worse shape financially and socially than he was in the first place.

Needless to say, I don't play the lottery, especially after that story. I still cannot believe that he gave that woman $2 million.

9:07 pm  

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