How much is infinite money?

The discussion started out with my friend P saying that a billion dollar is enough for a lifetime and even if a person tried he would not be able to exhaust it. I am a skeptic and hence have a problem accepting bold statements like this. So we set out to prove or disprove his theory. Before setting out on our quest we made some assumptions.

1. Our guy is rich enough that he has 1 billion dollar in liquid cash at his disposal any time.
2. He will not be keeping any of the money in the bank and hence earns no interest.
3. He will not make any investments (He cannot buy property and then sell it; he cannot buy shares; he cannot build a corporation).
4. He has no kids but could be married.
5. He is a sporty guy and an art freak and generous at heart.
6. He is 30 years old and will die when he is 80.

• H bought 10 houses with an average price of 15 million dollars ( Fact: Lakshmi N Mittal, Chairman and CEO, of the LNM Group bought a single house in ballooners row in London for 125 million $ ; he also owns 5 other houses) [15x10=150 million dollars].
• Our guy loves cars and swears by his Ferrari FXX (price upward of one million dollars), and others like Bugatti Veyron, Saileen among his 10 exquisite car collection. 10 cars may look overkill but just do a google on the number of cars the Sultan has this number starts looking reasonable. So 10 cars for one million dollar each. [10x1=10 million $]
• He has to own planes and helicopters. No brain scratching on this. [3x10=30 million $]
• Our guy likes sailing infact he never misses Formula 1 grand prix in Monaco sipping cocktails on his expensive yachts. 5 yachts. [5 x 10=50 million $]
• He likes to do some exciting and exclusive stuff sometimes. He want his own moon ride. [100 million $]
• He likes charity both for rubbing shoulders with the elite and for helping in a genuine way. In his 50 years of life time it costs him [50 million $]
• He has to eat and drink and party ofcourse. For his pocket money he spends 2 million dollars annually that's 5500 dollars everyday. [2x50 years=100 million $]
• Now ofcourse since he owns 10 houses there are people required to maintain them. There are 15 people working round the clock to make his stay comfortable (I know his house is really big and he needs cooks, Gardner, cleaners, chauffeur). He gives 30,000 $ to each of them for 50 years. [15 people x 50years x 10 houses x 30, 000= 225 million $]
• He likes to spend time in water and own an island for 20 million dollars. [20 million dollars]

That is what we could come up with. If you add everything up you still can't get to 1 billion. Looks like it is an infinite amount of money.

Welcome Post

Reading so many posts over the past year has made me wonder whether there is any need to add one more to the list. After thinking for 10 full seconds I decided to go for it, come-on atleast it could fill my idle time. This blog would hover around my heterogeneous life, B-school ramblings and my arguable in-sanity. So wait till I dish out my first real post.