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Could You Survive on $186,000 per Day?
06-14-2013, 06:12 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Jun 2007
Location: near Canadian border and near Mexican border
Posts: 1,142
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Could You Survive on $186,000 per Day?
Murdoch is getting divorced again. His first divorce cost him $1.7B in 1999. At his present net worth of $9.4B, this divorce will also be costly. If he pays the same as in 1999, and she were to follow a 4% SWR, that would an income to $68M/year, or $186,000/day. Okay, there will be some expenses that will trim the figure a bit. Just 1 week of support would trash by retirement savings.
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Pigs get fat, hogs get slaughtered. That's my story and I am sticking to it.
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06-14-2013, 06:29 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Jul 2011
Location: Bernalillo, NM
Posts: 2,717
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Since everyone knows nothing is free, and I imagine his spouse Wendi feels like she earned every penny. Just saying 
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"We live the lives we lead because of the thoughts we think" ...Michael O’Neill
"We can cannot compel others to do our will" ....Norman Goldman
"There never is shortage of the gullible to accept the illogical"...Anonymous
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06-14-2013, 07:26 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2006
Posts: 7,733
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Hot damn Wendi Murdoch will soon be single and even richer. Any woman that keeps me from being hit in the face with a pie is a keeper.
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06-14-2013, 08:06 PM
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#4
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,263
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As long as I can get near the speed of light, I would be happy with that amount.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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06-14-2013, 08:10 PM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2012
Posts: 11,702
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A few suggestions:
- she needs to run the numbers through firecalc
- has she considered paying for health insurance?
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06-14-2013, 08:12 PM
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#6
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Dryer sheet aficionado
Join Date: May 2013
Posts: 43
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I think most people survive on that in a decade. Really seems sick at the wealth distribution there. I mean, what are you buying that cost you that much money in a day? You could buy a home a day for that, really..and insure and provide it with all the necessities and luxuries...
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06-14-2013, 09:24 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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 Quote:
Originally Posted by Powor
I think most people survive on that in a decade. Really seems sick at the wealth distribution there. I mean, what are you buying that cost you that much money in a day? You could buy a home a day for that, really..and insure and provide it with all the necessities and luxuries...
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Spoilsport.
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"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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06-14-2013, 09:56 PM
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#8
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,891
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Quote:
Originally Posted by JoeWras
A few suggestions:
- she needs to run the numbers through firecalc
- has she considered paying for health insurance?
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Is the mortgage paid off?
Any pensions? Are they COLA'd?
Is she eligible for SS?
Don't forget to account for taxes.
Will FIRECALC accept that many digits?
Quote:
But that's before taxes. At less than $100,000 per day, minus 'essentials', it could take over 100 days to save up the cash for the $10 million dollar villa that these types are accustomed to. So much for 'instant gratification'!
-ERD50
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06-14-2013, 11:16 PM
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#9
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2013
Posts: 9,358
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Quote:
Originally Posted by JoeWras
A few suggestions:
- she needs to run the numbers through firecalc
- has she considered paying for health insurance?
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Are they in Australia? Don't they have universal health care? I think she's good to go. 
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06-15-2013, 05:40 AM
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#10
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Moderator
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,340
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Not sure I could spend that much. But I'd sure like to try....
__________________
When I was a kid I wanted to be older. This is not what I expected.
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06-15-2013, 08:40 AM
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#11
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Full time employment: Posting here.
Join Date: Aug 2012
Location: Upstate
Posts: 699
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Quote:
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Could You Survive on $186,000 per Day?
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Dang, it'd be tight, but if I cut down on a few things.... I might be able to squeak by... 
Quote:
Originally Posted by packrat44
Murdoch is getting divorced again. His first divorce cost him $1.7B in 1999. At his present net worth of $9.4B, this divorce will also be costly.
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Maybe yes -- maybe no.
Quote:
Couldn't find any particulars -- the document is confidential. According to the article, Rupert was likely very generous; she won't be destitute, but she won't get 1/2 either.
Tyro
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Yeah well, that's just, ya know, like, your opinion, man. ~ The Dude
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06-15-2013, 09:55 AM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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Yea, but look at all she will be giving up.......Uh....never mind.
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06-15-2013, 03:15 PM
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#13
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Location: irradiated - too close to the nuclear furnace
Posts: 1,294
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There's another billionaire whose name i forget that makes Murduch's settlement look like a bargain! They were discussing this one on CNBC yesterday.
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06-15-2013, 04:22 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: North Scottsdale
Posts: 1,545
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After paying the last bill of $1.8b he was smart enough to get a prenup this time.
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FIRE'D in July 2009 at 51...Never look back!
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06-15-2013, 04:23 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: North Scottsdale
Posts: 1,545
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Quote:
Originally Posted by veremchuka
There's another billionaire whose name i forget that makes Murduch's settlement look like a bargain! They were discussing this one on CNBC yesterday.
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John Kluge?
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FIRE'D in July 2009 at 51...Never look back!
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06-16-2013, 01:41 PM
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#16
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Location: irradiated - too close to the nuclear furnace
Posts: 1,294
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Don't know, I wouldn't recognize the name even if I saw it.
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06-16-2013, 08:05 PM
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#17
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Give me a museum and I'll fill it. (Picasso)
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Join Date: May 2008
Posts: 6,506
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He would have been beter off hiring a concubine. Fixed price. Yearly contracts?
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There must be moderation in everything, including moderation.
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06-16-2013, 08:44 PM
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#18
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gone traveling
Join Date: Oct 2012
Posts: 329
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the first 2 times he divorced, he remarried within a year. Wedding no 4 could be on the cards soon
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06-16-2013, 09:47 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Jun 2007
Location: near Canadian border and near Mexican border
Posts: 1,142
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Quote:
Originally Posted by ls99
He would have been beter off hiring a concubine. Fixed price. Yearly contracts?
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He should have been like Charlie Sheen and hired an "escort" at $5-10K/day rather than getting married again. Then he could claimed he was a LBYM type of guy.
__________________
Pigs get fat, hogs get slaughtered. That's my story and I am sticking to it.
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