You get to keep only enough to maintain a very modest lifestyle in a low-cost-of-living area, the rest of it has to go towards improving the world in some way.
Edit: Given the previous rules that you must maintain a very modest lifestyle in a low-cost-of-living area, would you rather choose to opt out and not have the money at all?
Assassins
I like where your mind is at, truly the best decision.
Invest the money, and use the after-inflation income to do the work.
That way, you have a constant and near-permanent resource stream with which to do the work. It’s only if the markets crash as a whole that you need to worry, and nothing says you cannot build additional revenue streams along side that wealth.
I would start with the most pressing issues for Canada - housing, and the homeless crisis that arises from shitty wages combined with exploding costs. Buy large tracts of land within each city, then economically force the cities to approve large arcologies that blend residential with business spaces. Make it super-attractive for even the wealthy to want to rent homes there, but turn around and then make assisted living units available in those same areas to low-income families and homeless people who want to get off the street. Have those communities to be tightly integrated across all social strata, so everyone benefits. Plus, actual social support that helps those traumatized by homelessness to get their lives together and return to being contributing members of society.
In the US, so free health insurance for those making under 100k for 6 months (or likely less - whenever the money runs out). Maybe that would give enough people a taste of universal healthcare that they would start voting for policies that get us closer to that.
I would develop some city neighborhoods and set up some community land trusts to run them.
I would fund community-led projects that align with my values such as:
- mutual aid collectives
- community-run gardens, libraries, and clinics
- labor and tenant unions / cooperatives
- intentional communities
- food pantries / soup kitchens
- parks and other 3rd spaces
- art collectives
- sustainability initiatives (rooftop solar, heat pumps, microgrids, rewilding, permaculture / indigenous farming practices, etc.)
- public multimodal transportation infrastructure
My focus would be on empowering people to help each other even after the money runs out.
I always wanted to see if I could ‘fix’ the Berkley Pit mine. It’s a superfund site with some of the most acidic water in the world. It was a cooper mine for decade that went bust. When the owners walked away, it started filling up with rain water. But, because of the way mines work, that water became VERY acidic. So now there’s this lake of acid out in Montana that no one wants to deal with.
Wikipedia: https://en.wikipedia.org/wiki/Berkeley_Pit
Inter-mountain Histories: https://www.intermountainhistories.org/items/show/376
ChemAnalyst News - Pit might have rare earth minerals: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/montana-toxic-legacy-could-become-america-rare-earth-savior-36626
Invest it, assuming 5% return, spend the interest money of 250 million per year on feeding the hungry, educating kids, and helping animals. Somewhere along the way, buy a couple of beers for myself.
A 100 bed (or so, idk what number it would actually come out to) hostel / shelter / halfway house for chronically institutionalized people who don’t know how to function in normal transitional housing. Instead of a larger number of beds they might also be split into multiple smaller buildings.
Each unit would have one small room with
- a twin bed
- a closet with a storage compartment on the bottom that takes a standard lock
- a desk
- a few of those bars on the wall you can slide posters and papers into to hang
- a single-unit sink-toilet-shower stall with groutless faux tile and a detachable shower head (so that to clean it you just cover it in bleach and use the showerhead to hose it down).
- an electric kettle
- WiFi
- a locking door that the staff have a copy of the key to but have received specialized education on renters rights and education on what specifically constitutes a safety concern.
Public facilities include:
- cafeteria that provides 3 hot meals as well as a vending machine with reconstitutable MRE style meals that can be made with hot water
- laundry
- library / public access computers
- meeting rooms that are reservable but also host supportive and educational group therapies
- a large public chalkboard wall with 7 sections that are wiped down one at a time in sequence throughout the week with additional discretion of the staff to erase hatespeech
- a non-denominational / non-religion-specific “chapel” that any religious leader may rent for one hour a week in exchange for some minimum monetary donation. They also receive a listing on an updatable placard posted just outside or near the entrance on the inside listing their contributions publicly in addition to being listed on the monthly accounting posting. It is designed so that vestments can be interchangeably hung and they may also rent a closet to store them in.
Residents do pay rent but it’s only enough to keep the facility running and the accounting books are publicly available on a monthly basis. If the model does well enough and receives enough outside support, rent may be a symbolic amount like $5-10 just to legally maintain the facility as a transitional public service as opposed to a long term housing solution (although that would be another great thing to donate this money to, but my personal focus would be the people that would struggle to function in that environment without some sort of actual rehabilitation).
They can get a discount by performing tasks to run, clean, and maintain the facilities including both the public areas and turning over rooms between residents or maintaining the rooms of disabled residents (while those residents are elsewhere for the day). Their names are not listed on the public books, just the number of people contributing in this manner. Any money they make for tasks performed outside the facility is theirs to keep.
There are no drug tests but no drugs (or weapons) are allowed on the premises. Any paid staff are background checked and any 24-hr safety staff (so not kitchen / EVS) who do not already have a license or advanced degree in health and human services receive somewhere between a 2-week to 1-month 8hr per day classroom education on human rights, nonviolent crisis deescalation, CPR, safety and sanitation, and policy training on how to assess and what to do if they suspect drugs or weapons have been brought on the premises (probably some other stuff too but idk. I’d make the class longer if I thought it would be financially possible / likely to get enough people to attend). Would also probably help to have 1 hour of monthly continuing education on a bunch of those topics but also to help them contextualize their experiences with this population.
The floors are sex segregated with the exception of one floor (or a smaller proportion) that is co-ed and allows persons of any gender presentation provided they have no history of sex or gender targeted charges.
If I think of anything else I’ll add it, but these are my thoughts having worked with this population and wishing there were more services focused on helping them reenter society.
Also tbph I’d probably actually live there myself, eat in the cafeteria, have a weekly movie night in one of the public meeting rooms, etc, the only thing I’d be missing is a workshop, but I could do with maybe a slightly larger permanent suite in the basement or on the roof or something. The tradeoff would be dealing with the bullshit that would necessarily arise on a 24/7 basis, LOL. I might also want a bigger bed if my husband wanted to live there with me, which he might because his 5b idea is almost definitely a free or low cost cafeteria (I’m a nurse, he’s a cook) but he’s also much more misanthropic than me and might want more privacy / emotional distance.
Buy the US House and Senate.
$5 B / 435 = 11,494,252 per person. Sounds do-able. Shit, Bob Menendez sold out for $480,000. 11 mil. would go a LOOONG way.
I have an ok lifestyle with the people in my house all working now, so would put all of it to use, that’s fine. If I am allowed to keep this in my community and city, I would put it in a trust that could only be used to extend the trolley system here back to at least what it was in the 1940s, and as much farther as practical with that $ and make it free to ride. An endowment that could generate enough money to keep that going and to modernize it.
If it must be global, how many people are there? 8,9 billion ? That’s not even a dollar each, I’m not sure. Maybe plant 5 billion trees, or buy up land & rewild it.
Wholesale murder of my fellow billionaires
Great idea! But what happens then? There’d be some fear, but more importantly, a certain vacuum of power. How could you make sure another power-hungry, sociopathic populist wouldn’t rise? Or, again more importantly, make sure people cannot fall into these traps again, which only happens due to a lack of ideology, generalized ignorance and a belief in ‘moral relativism’ (among other issues)?
Btw, Frank Herbert explored this in Dune… it requires a virtually immortal prophet! 😅
People who seek power being more scared that being exploitative has consequences, so they limit exploitation.
It took hundreds of years of revolts to get from absolute monarchies to representative systems in most European countries. You could argue the French revolution failed because it was succeeded by Napoleon. You could also understand it as an important step forward.
Take another example in Europe. Initial plans were to create an US style capitalism in Western Germany after WW2. However it was understood this would create a large class of disenfranchised and poor people. This would have given communism a chance to become the dominating ideology in Europe. So instead capitalism had to be coated with social security, access to opportunities by education, access to home ownership… Structures that were subsequently damaged and destroyed after the collapse of the Soviet Union as now the ruling class thought themselves to be able to exploit people with impunity. Something that will fail eventually, but get much worse until then.
It is like brushing your teeth. Yes they will get dirty again. But not having the perfect solution to keep them clean forever cannot dissuade you from brushing them regularly. On the contrary it makes it all the more important to keep brushing them.
People who seek power being more scared that being exploitative has consequences, so they limit exploitation.
Or you just bias the power vacuum to be filled with even more paranoid and ruthless nutjobs, because the more sensible psychopaths choose to avoid the consequences you are proposing. We see this fairly consistently when authoritarian governments get coup’d - the person most likely to take the place of a bloodthirsty dictator who knows he could get assassinated at any moment is an even more bloodthirsty future dictator.
When authoritarian governments get coup’d and there is external influence seeking to further destabilize. Also every authoritarian dictator needs a class of people loyal to the regime, who fall into the category of people wanting power but also staying alive.
We also see many dictators that got more paranoid over time as they ruled too long, because there was no opposition to keep them in check until things exploded fully.
Top tier reply
Great idea! But what happens then?
Not my problem because I would have to die too.
You don’t need to be a billionaire to eat the rich, but it definitely helps to insulate you from the legal ramifications thereof.
Move to an undisclosed remote location and start posting massive crypto bounties on the heads of the shittiest people in the world. Like, $100M a pop. Pay a digital sweatshop to spam social media with AI generated posts and memes about it until the whole world is aware. Then wait. See if anyone is able to collect.
Best that I can think of would be to create an endowed institute of political scientists, psychologists, neuroscientists, linguists, et cetera, dedicated to studying and developing ways to counter right-wing populism, and de-program people who fall under its sway.
Let’s congratulate you for being the only poster that did not want to go on a killing spree. If you want to change the world, you can do that by killing people. If you want to improve the world and start that with killing people you will never succeed. Thanks for that.
Leftist fascism killing people is not better than right wing fascism killing people. In the end everybody is dead and nothing is better. People after the second world war understood that. We have forgotten that and start looking for blood again, just to learn that expensive and painful lesson again.
Thought about this before. I’d build out the high-speed internet structure to encompass all the populated parts of the world (omitting coverage across large swaths of open sea) and provide free, no-questions-asked WiFi internet service to absolutely everyone.
(Yes, a lot of places don’t have devices, but parallel programs already exist to get people enabled on cheap devices)
The obstruction would be legal battles with current stakeholders that have regional monopolies and are very addicted to making odious profit. (Looking at you, Comcast, AT&T, Verizon, etc.)
Robots that sow kelp and kill zombie urchins
