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"If you economize (...) you can get by on a billion or two"
Old 10-18-2009, 01:55 PM   #1
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"If you economize (...) you can get by on a billion or two"

Turner Lost CNN, Fonda, Fortune, Feels ‘Like a Dummy’ (Update1) - Bloomberg.com

Ted Turner, on losing most of his fortune.

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If you were around at the time, I gave everybody a hundred thousand dollars if they came up with anything, Turner said. I just couldnt hold onto it.
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Ive had the experience of being on top and riding the roller coaster down again, nearly to the bottom. You know, if you economize and dont buy new airplanes or long-range jets, or that sort of thing, you can get by on a billion or two.
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Old 10-18-2009, 02:20 PM   #2
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Gotta admire his willingness ability to speak out though:

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War is obsolete, Turner said. The last time someone surrendered was Japan and that was 60 years ago. The Afghans will never surrender. We will just get tired and come home. Weve already given up on Iraq and theres oil in Iraq, theres no oil in Afghanistan.
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"... You know, pass it around. You know, its kind of like a joint -- you just pass it around, light it up, you know, share with your friends.
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Old 10-18-2009, 02:53 PM   #3
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Surely getting rid of Jane must be worth something to him?

Ha
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Old 10-19-2009, 12:03 AM   #4
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Maybe he could get some ideas from Forbe's 2007 list of frugal billionaires. One of them sounds like someone who might post on this forum, he

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prefers to ride his bike, though he also drives a 1993 Honda Accord or a 1986 Volkswagen camper. Lives in the same ... home he bought in 1981. He flies commercial, and cuts his own hair rather than wasting time and money going to a barber.
The Frugal Billionaires - Forbes.com
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Old 10-19-2009, 08:22 AM   #5
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cuts his own hair rather than wasting time and money going to a barber
Hey! I do that (once a year, whether I need it, or not). Maybe there's hope for me becoming a Billionaire, after all.
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Old 10-19-2009, 08:50 AM   #6
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I hope he can get by on the 2 million acres he owns in the US and overseas.

An earlier article about Ted:

At Long Last, He's Citizen Ted - Forbes.com

mentions his bipolar disorder.
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Old 10-19-2009, 09:52 PM   #7
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It makes me retch. Sorry.
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Old 10-19-2009, 10:44 PM   #8
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Hey! I do that (once a year, whether I need it, or not). Maybe there's hope for me becoming a Billionaire, after all.
Psst, which start ups are you investing in? That's how the guy got his first bil.
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Old 10-19-2009, 10:50 PM   #9
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Psst, which start ups are you investing in? That's how the guy got his first bil.
That must be it. I knew it sounded to easy.
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