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Could You Survive on $186,000 per Day?
Old 06-14-2013, 07:12 PM   #1
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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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Old 06-14-2013, 07:29 PM   #2
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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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Old 06-14-2013, 08:26 PM   #3
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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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Old 06-14-2013, 09:06 PM   #4
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As long as I can get near the speed of light, I would be happy with that amount.
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Old 06-14-2013, 09:10 PM   #5
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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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Old 06-14-2013, 09:12 PM   #6
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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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Old 06-14-2013, 10:24 PM   #7
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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...
Spoilsport.
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Old 06-14-2013, 10:56 PM   #8
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A few suggestions:
- she needs to run the numbers through firecalc
- has she considered paying for health insurance?

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:
... $186,000/day ...
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'!

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Old 06-15-2013, 12:16 AM   #9
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A few suggestions:
- she needs to run the numbers through firecalc
- has she considered paying for health insurance?

Are they in Australia? Don't they have universal health care? I think she's good to go.
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Old 06-15-2013, 06:40 AM   #10
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Not sure I could spend that much. But I'd sure like to try....
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Old 06-15-2013, 09:40 AM   #11
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Could You Survive on $186,000 per Day?
Dang, it'd be tight, but if I cut down on a few things.... I might be able to squeak by...


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Originally Posted by packrat44 View Post
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.
Maybe yes -- maybe no.

Quote:
Officially, Deng is entitled to whatever she agreed to in the prenuptial agreement signed in 1999....

"If he doesn't have a prenup, he would have to see a psychiatrist and not a lawyer," Raoul Felder, a divorce lawyer
Rupert Murdoch divorce: money to Wendi Deng hangs on prenuptial | Media | guardian.co.uk
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.

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Old 06-15-2013, 10:55 AM   #12
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Yea, but look at all she will be giving up.......Uh....never mind.
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Old 06-15-2013, 04:15 PM   #13
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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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Old 06-15-2013, 05:22 PM   #14
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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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Old 06-15-2013, 05:23 PM   #15
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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.
John Kluge?
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Old 06-16-2013, 02:41 PM   #16
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Don't know, I wouldn't recognize the name even if I saw it.
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Old 06-16-2013, 09:05 PM   #17
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He would have been beter off hiring a concubine. Fixed price. Yearly contracts?
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Old 06-16-2013, 09:44 PM   #18
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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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Old 06-16-2013, 10:47 PM   #19
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He would have been beter off hiring a concubine. Fixed price. Yearly contracts?
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.
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