essay on if i were a billionaire

605 Words Essay on if I were a Billionaire

Money makes the mare go, is an old adage of permanent value and significance. In these days of money and money making having become the sole desire of mankind, I would also like to earn and hoard a lot of money, and one day, become a billionaire.

When I become a billionaire I would first of all obviously make a nice house for my family, buy the latest and most expensive car. My children would be educated in the best educational institutions and I would also keep enough provision for their higher studies and any other pursuits of their interest.

My wife, I would just load with the best of clothes and jewellery, the main desires of women. With all this being done, I think my family and I would be well secure for the present and the foreseeable future. After this, where would I spend the rest of the money? As we all know, money begets money and my money would continuously grow if properly invested.

I would next take advantage of the many bank schemes and deposit huge sums from the amount that is a few millions in long term deposits. This would thus keep on increasing by means of interest given in banks. A few millions I would deposit in a way so that I get a monthly income from it. With this monthly income, I would now start on my way of philanthropy.

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Helping the weak, the poor, the old and the disabled would now be my concern. This, I would do by adopting a few old age homes, a few schools and a few health centres. All these institutions would be working with my financial help every month. The interest of my fixed deposits would be used to finance these projects, and yet, the principal amount deposited would remain intact.

This amount would continue to yield dividends and the Projects would go on. On the other hand, when my long term deposits would mature and the money realised, I would use the doubled amount for donations given, to institutions genuinely involved in social work activities.

The principal amount originally deposited would again be deposited in the bank to double up again and be used again. Thus, the cycle of doubling on the one hand, and using interest on the other, my projects of social welfare would continue to go on uninterrupted.

Thus, if I was a billionaire, I would wholeheartedly indulge in philanthropy on a large scale. My friends, colleagues and the less lucky people would all benefit from my being rich.

Besides all this, I have one ambition that of taking a world trip just once so, if was a billionaire I would try to fulfil this ambition of mine also, as this cannot be done without so much of money. I would take my family once for a trip around the world. This would give all of us an idea of what the world is and how we are different from others in this same world.

After this single trip, I would not waste any amount of money, small or big in any other merry making but, some amount would be spent every year to take my family on an annual holiday.

With all these plans in my mind, I think if I ever become a billionaire, several people would enjoy my riches – So GOD, I pray to you to really make my dream come true, and do make me a billionaire, just once -1 assure you Almighty that, I will never enjoy it all alone – I will share the pleasure with your other human beings.

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If I Were a Billionaire

Category : Essays

It is true that we should avoid living in a make-believe world. Day-dreaming often leads a dreamer to disappointment, frustration and discontentment.

It is neither practical; nor a possibility in real life. But it has often been witnessed that miracles do, at times, occur in a man's life. The advice that I should act only in the living present with heart within and God overhead doesn't seem to have been coined for me.

I am a human being made up of blood and flesh. I can't prevent myself from lapsing into reveries, if I choose so. So if I ever succeed in becoming a millionaire, by virtue of a miracle, or by love of my day-dreaming, I know in advances to how I shall spend my newly-acquired money.

My first priority will be the homeless people who are old and have been rejected as useless wretch. These people are considered parasites by those very persons whom they once bred and brought up. In order to give them relief and solace, I would like to spend money on constructing a suitable home where they may have free boarding and lodging. This home will be free from discrimination of any kind on the basis of colour, caste or creed. For the religious-minded, it would have sessions, involving discourses from all religions.

The next item on my list will be to start a highly advanced, very well equipped Health Centre for the economically backward people. I know how a lot of poor people die of the diseases they suffer from, simply because they cannot afford to have a timely, easily accessible, proper medical aid. This centre will have all the requisite medical and surgical machines. Consultation, diagnosis, and medication are all going to be absolutely free of cost.

It has pained me a lot to see that many children have neither the time, nor money to go to a school. These are because they either have no one to support them, or are forced to wook to help their parents. For such children, I would like to open a night school.

The books and the stationery will be provided free of charge to all those who will attend this school. They won't be required to pay for the coaching. I am of the view that as long as the people of a country are illiterate, it cannot progress. So it will be my pious and humble duty to promote adult-literacy.

For the youths of today, I shall start a fully-equipped gymnasium in every town. I fully understand the value of health, without which you can serve neither yourself nor others. If the young blood is physically fit, then alone will the country move ahead without fear of anyone?

Since most of my countrymen are afflicted with poverty, there are numerous students who have to leave their study in-between for want of money. For such students, I have a soft corner in my heart.

I shall start for them a book-bank, which will lend the text-books and other kinds of aid book son condition that they are returned intact after a due course of time. The meritorious students will be awarded scholarships to make them feel proud of their merit and pursue higher studies for the good of the country.

In the end, I shall have a fun-cum entertainment park, full of exciting games, exclusively for the children to play in. Besidesplants, trees and flowers, there will be swings and slides. Once they are inside it, they will forget about the outside world and get lost in the sound and colour of nature and the excitement of fun-filled games.

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If I Were A Millionaire Essay

500 words if i were a millionaire essay.

Money is a crucial necessary element without which survival is unfeasible. One cannot compare money with love and care because both are equally essential for our life to sustain happily. Each part has its significance and plays a different role. Every person on earth wishes to become a millionaire and change their prevailing conditions to offer a better future for themselves. I dream of becoming a millionaire so that I can provide things for my family, which they have always longed for.

If I were a Millionaire

I belong to a middle-class family. My mother, father, elder sister, and I are four of us. My parents have always supported us and given us all that was possible for them. I could see the struggle behind their smile and happiness, but they never said anything. We live in a small house, trying to adjust ourselves to the restricted space. So, the first thing I will buy is a big house with a vast garden and a balcony. My father loves painting, so I would buy him expensive canvas board, paints and brushes and tell him to paint the best picture he could ever imagine. Since my mother loves plants, I would help her set up the garden of her dreams.

My sister is into makeup and styling, so I would shop enough to give her all she desires. Also, I would buy a car for us and travel across the nation. A trip to Disneyland and a Europe tour would be booked for the four of us. Moreover, I would visit Japan, the country I have been eyeing for years. In the words of H. Jackson Brown Jr, “Remember that the happiest people are not those getting more, but those giving more.” I completely subscribe to the statement, as giving increases our chances to receive goods in abundance. So that money that comes pouring to me should be showered on the people who require them the most.

Future minds need to comprehend and value what they get from nature and their role as givers. Medical treatment is the most expensive thing in India because people die. So, I would build a hospital catering to the needs of the underprivileged and needy section of our society and ensure that they receive treatment without any bias at a cheap cost. Furthermore, I would open a school where practical learning holds more substance than rote learning. This school will provide education to poor children who cannot afford admission to regular schools.

I will provide basic amenities to the remote areas. I would even erect schools in rural areas where the children of farmers learn while working in the fields. Schools and a free library will be opened to access various books in different languages. In such a way, they will have a pool of diverse knowledge. The nursing homes and orphanages will be donated money as and when required. The people who face unemployment will be provided financial aid until they get stable and find a job.

For me, to become a millionaire requires dedication and belief in myself. I need to work hard to achieve what I want in my life. Simply wishing and not displaying actions won’t suffice. Therefore, I should pray harder and study well to help others. In doing so, I need to set up a business of my own to keep on going and doing what I desire for others. Lastly, I don’t want to exist and make a living; I want to make a life by what I give. By being a millionaire, my objective will be to utilise my wealth in the interest of society.

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Essay on If I Were A Millionaire – Short & Long Essay Examples

Essay on If I Were A Millionaire: If I were a millionaire, my life would be drastically different. The possibilities would be endless, from traveling the world to giving back to those in need. In this essay, we will explore the various ways in which my life would change if I were to suddenly come into a large sum of money. From luxury vacations to charitable donations, being a millionaire would open up a whole new world of opportunities.

If I Were A Millionaire Essay Writing Tips

1. Start by brainstorming ideas about what you would do if you were a millionaire. Think about how your life would change, what you would buy, and how you would help others.

2. Begin your essay with a strong introduction that grabs the reader’s attention. You could start with a hypothetical scenario of suddenly becoming a millionaire or a quote about wealth and its impact on people.

3. In the body of your essay, elaborate on your ideas from the brainstorming session. Discuss how you would spend your money, whether it be on luxury items like a new car or a dream vacation, or on investments like real estate or stocks.

4. Consider how being a millionaire would change your lifestyle. Would you quit your job and pursue your passions full-time, or would you continue working but in a different capacity?

5. Reflect on how you would use your wealth to help others. Would you donate to charity, start your own foundation, or sponsor a scholarship program? Think about the impact you could have on your community or the world at large.

6. Make sure to include personal anecdotes or examples to make your essay more engaging and relatable. Share specific details about your dreams and aspirations as a millionaire.

7. Conclude your essay by summarizing your main points and leaving the reader with a thought-provoking statement or question. Consider how your perspective on wealth and success has evolved through writing this essay.

8. Proofread your essay carefully to check for grammar and spelling errors. Make sure your ideas flow logically and that your writing is clear and concise.

9. Consider seeking feedback from a teacher, friend, or family member to get a fresh perspective on your essay. They may offer suggestions for improvement or help you clarify your ideas.

10. Remember to stay true to yourself and your values when writing about being a millionaire. Use this essay as an opportunity to explore your dreams and aspirations, and to consider how you would make a positive impact on the world if given the opportunity.

Essay on If I Were A Millionaire in 10 Lines – Examples

1. If I were a millionaire, I would first invest a portion of my money in stocks and real estate to ensure long-term financial stability. 2. I would also donate a significant amount to various charities and organizations that support causes I am passionate about, such as education and environmental conservation. 3. Traveling the world would be a top priority, as I would love to experience different cultures and explore new destinations. 4. I would purchase a luxurious home in a beautiful location, complete with all the amenities and comforts I desire. 5. Supporting my family and friends financially would be important to me, as I would want to ensure their well-being and happiness. 6. Starting my own business or investing in a startup would be a dream come true, allowing me to pursue my entrepreneurial ambitions. 7. I would indulge in fine dining, designer clothing, and luxury experiences that I may not have been able to afford before. 8. Giving back to my community by funding local projects and initiatives would be a fulfilling way to make a positive impact. 9. Building a strong financial portfolio for future generations would be a priority, ensuring that my wealth can benefit my family for years to come. 10. Overall, being a millionaire would provide me with the means to live a comfortable and fulfilling life, while also allowing me to make a difference in the world.

Sample Essay on If I Were A Millionaire in 100-180 Words

If I were a millionaire, I would first ensure financial security for myself and my loved ones. I would invest in a diverse portfolio to grow my wealth and create a stable future.

Next, I would donate a portion of my wealth to charitable causes that are close to my heart. I believe in giving back to the community and helping those in need. I would support organizations that focus on education, healthcare, and environmental conservation.

I would also indulge in some luxuries that I have always dreamed of, such as traveling the world, buying a beautiful home, and driving a luxury car. However, I would always remember to stay grounded and not let the money change who I am as a person.

Overall, being a millionaire would give me the opportunity to make a positive impact on the world and live a comfortable life, while also staying true to my values and beliefs.

Short Essay on If I Were A Millionaire in 200-500 Words

If I were a millionaire, my life would undoubtedly change in many ways. The most immediate change would be financial security and the ability to afford a comfortable lifestyle. I would no longer have to worry about paying bills or saving for the future. I could afford to live in a nice house, drive a luxury car, and travel to exotic destinations whenever I pleased.

One of the first things I would do as a millionaire is to give back to those in need. I would donate a portion of my wealth to charity organizations that support causes I am passionate about, such as education, healthcare, and environmental conservation. I believe that it is important to use my wealth to make a positive impact on the world and help those who are less fortunate.

In addition to giving back, I would also invest in my own personal growth and development. I would enroll in courses and workshops to further my education and expand my skill set. I would also hire a personal trainer and nutritionist to help me maintain a healthy lifestyle. With my newfound wealth, I would have the resources to invest in myself and become the best version of myself possible.

Another aspect of my life that would change as a millionaire is my social circle. I would likely be surrounded by other wealthy individuals who share similar interests and values. I would have the opportunity to network with influential people and make connections that could benefit me both personally and professionally. However, I would also make sure to stay grounded and maintain relationships with my friends and family who have been with me through thick and thin.

As a millionaire, I would have the freedom to pursue my passions and interests without the constraints of financial limitations. I could start a business, write a book, or travel the world without worrying about the cost. I would have the resources to turn my dreams into reality and live a life filled with excitement and fulfillment.

Overall, if I were a millionaire, my life would be drastically different in many ways. I would have financial security, the ability to give back to those in need, invest in my personal growth, expand my social circle, and pursue my passions without limitations. While money cannot buy happiness, it can certainly provide the means to live a fulfilling and purposeful life.

Essay on If I Were A Millionaire in 1000-1500 Words

If I Were A Millionaire

If I were a millionaire, my life would change in many ways. The possibilities would be endless, and I would have the freedom to pursue my dreams and live the life I have always imagined. Money can bring a lot of opportunities and open doors that were previously closed. In this essay, I will explore how my life would change if I were a millionaire.

First and foremost, if I were a millionaire, I would ensure financial security for myself and my loved ones. I would invest in a diverse portfolio of assets to ensure that my wealth grows and remains stable over time. I would also set up trust funds for my family members, so that they too can benefit from my newfound wealth. Knowing that my loved ones are taken care of would bring me great peace of mind.

With my newfound wealth, I would also give back to my community and support causes that are important to me. I would donate to charities that focus on education, healthcare, and environmental conservation. I would also set up my own foundation to support initiatives that promote social justice and equality. Giving back to those in need is something that I am passionate about, and being a millionaire would allow me to make a real difference in the world.

Furthermore, if I were a millionaire, I would indulge in some of my wildest dreams and desires. I would travel the world and experience different cultures and cuisines. I would stay in luxurious hotels and dine at Michelin-starred restaurants. I would also buy a vacation home in a tropical paradise, where I could escape the hustle and bustle of everyday life and relax in peace and tranquility.

In addition to traveling, I would also pursue my hobbies and interests with a newfound passion. I would take up photography and invest in high-quality camera equipment to capture the beauty of the world around me. I would also enroll in cooking classes and learn how to prepare gourmet meals from top chefs. Being a millionaire would allow me to explore my creative side and indulge in activities that bring me joy and fulfillment.

Moreover, if I were a millionaire, I would invest in my personal development and education. I would enroll in courses and workshops that would help me grow as a person and expand my knowledge and skills. I would also hire a personal trainer and nutritionist to help me achieve my health and fitness goals. Being a millionaire would give me the resources to invest in myself and become the best version of myself.

On a more practical note, if I were a millionaire, I would also invest in real estate and start my own business. I would buy properties in prime locations and rent them out for passive income. I would also start a business in a field that I am passionate about, such as sustainable fashion or organic skincare. Being a millionaire would give me the financial freedom to pursue my entrepreneurial dreams and create a legacy that will last for generations to come.

In conclusion, if I were a millionaire, my life would change in many ways. I would ensure financial security for myself and my loved ones, give back to my community, indulge in my wildest dreams and desires, pursue my hobbies and interests, invest in my personal development and education, and start my own business. Being a millionaire would give me the freedom to live life on my own terms and make a positive impact on the world. While money cannot buy happiness, it can certainly open doors and create opportunities that were previously out of reach. If I were a millionaire, I would strive to use my wealth for the greater good and make a difference in the world.

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The New York Times

Dealbook | living like a billionaire, if only for a day.

Mergers & Acquisitions
Investment Banking
Private Equity
Hedge Funds
I.P.O./Offerings
Venture Capital
Legal/Regulatory

Living Like a Billionaire, if Only for a Day

Rich like me.

Kevin Roose Spends a Day Like a Billionaire

Yes, I know my predicament doesn’t register high on the urgency scale. It’s not exactly up there with malaria outbreaks in the Congo or street riots in Athens. But it’s a serious issue, because my assignment today revolves around that plane ride.

“Step on it, Mike,” I instruct my chauffeur, who nods and guides the $350,000 car into the left lane of the West Side Highway.

Let me back up a bit. As a reporter who writes about Wall Street, I spend a fair amount of time around extreme wealth. But my face is often pressed up against the gilded window. I’ve never eaten at Per Se, or gone boating on the French Riviera. I live in a pint-size Brooklyn apartment, rarely take cabs and feel like sending Time Warner to The Hague every time my cable bill arrives.

But for the next 24 hours, my goal is to live like a billionaire. I want to experience a brief taste of luxury — the chauffeured cars, the private planes, the V.I.P. access and endless privilege — and then go back to my normal life.

The experiment illuminates a paradox. In the era of the Occupy Wall Street movement, when the global financial elite has been accused of immoral and injurious conduct, we are still obsessed with the lives of the ultrarich. We watch them on television shows, follow their exploits in magazines and parse their books and public addresses for advice. In addition to the long-running list by Forbes, Bloomberg now maintains a list of billionaires with rankings that update every day.

Really, I wondered, what’s so great about billionaires? What privileges and perks do a billion dollars confer? And could I tap into the psyches of the ultrawealthy by walking a mile in their Ferragamo loafers?

At 6 a.m., Mike, a chauffeur with Flyte Tyme Worldwide, picked me up at my apartment. He opened the Rolls-Royce’s doors to reveal a spotless white interior, with lamb’s wool floor mats, seatback TVs and a football field’s worth of legroom. The car, like the watch, was lent to me by the manufacturer for the day while The New York Times made payments toward the other services.

Mike took me to my first appointment, a power breakfast at the Core club in Midtown. “Core,” as the cognoscenti call it, is a members-only enclave with hefty dues — $15,000 annually, plus a $50,000 initiation fee — and a membership roll that includes brand-name financiers like Stephen A. Schwarzman of the Blackstone Group and Daniel S. Loeb of Third Point.

Over a spinach omelet, Jennie Enterprise, the club’s founder, told me about the virtues of having a cloistered place for “ultrahigh net worth individuals” to congregate away from the bustle of the boardroom.

“They want someplace that respects their privacy,” she said. “They want a place that they can seamlessly transition from work to play, that optimizes their time.”

After breakfast, I rush back to the car for a high-speed trip to Teterboro Airport in New Jersey, where I’m meeting a real-life billionaire for a trip on his private jet. The billionaire, a hedge fund manager, was scheduled to go down to Georgia and offered to let me interview him during the two-hour jaunt on the condition that I not reveal his identity.

I arrive several minutes after the billionaire, breaking the cardinal rule of private aviation: never be later than the owner of the plane.

Still, he lets me board. I walk to the tarmac and straight onto the Gulfstream IV, before settling into a supple leather armchair that swivels 360 degrees and reclines to flat at the push of a button. A flight attendant greets me by offering me coffee and a yogurt parfait.

I’m outfitted for the day in a navy pinstripe suit, picked out by Clifton C. Berry, who outfits Wall Street workers with his own line of bespoke menswear. It’s probably the best I’ve looked all year. But I’m way overdressed for a meeting with the billionaire, who is wearing a sweater, jeans and sockless loafers.

During the trip, I ask the billionaire what it’s like to be among the richest people in the world.

“Look,” he says. “I think all it does is make things easier.”

Like most of the wealthy people I’ve met while covering Wall Street, he plays down the effects of money. “I don’t think it changes you that much,” he said. “The happy guy who makes tons of money is still happy. If somebody’s a jerk before, he’s a jerk when he’s got a billion dollars.”

A raft of studies, including one in 2010 by Princeton researchers Daniel Kahneman and Angus Deaton, has underscored the fact that the rich are no happier than the merely comfortable, and are often burdened by the same problems: health and work issues, family concerns and worries about making ends meet.

I reached out to Dr. Jim Grubman, a clinical psychologist who specializes in wealth, to help me understand this idea that billionaires are, in essence, just like us.

“It goes against what we’ve been told our whole lives,” he tells me. “But it’s true.”

Still, two hours later, when the billionaire and I touch down in Sea Island, Ga., it’s hard to see the similarities. As we deplane, a classic Mercedes convertible is waiting. We jump in, and he ferries me around the resort, with its multimillion-dollar villas and perfectly manicured golf courses.

Everywhere he goes, he gets four-star service. Doors are opened, luggage is carried away wordlessly, and at one point, warm chocolate chip cookies magically appear. When his brakes sputter and his convertible starts spewing smoke, he picks up another Mercedes.

“Somebody’s got to live this life,” he says, gesturing to the pristine view from his penthouse villa. “God decided it should be me.”

Three hours later, after my flight back to New York, I’m greeted by Steve Rubino, a former police detective from Florida who has been hired to be my “personal protection professional” (read: bodyguard). Mr. Rubino’s company, Risk Control Strategies, is a major player in the world of high-end security, outfitting tycoons with fancy home security systems and protecting them while traveling.

“We have to train our clients sometimes,” said Mr. Rubino, who charges $250 an hour for his services. “It can be uncomfortable if you’re not used to having security. But people get used to it.”

Mr. Rubino, tailing me through Times Square, accompanies me to my next appointment: a personal training session at Sitaras Fitness.

Waiting for me when I arrive is John Sitaras, a former bodybuilder who has trained the former General Electric chief John F. Welch Jr. , the hedge fund macher George Soros and Paul A. Volcker , the former Federal Reserve chairman. The 140-odd members of his gym pay upward of $13,000 a year to train among fellow moguls in a sparse, spotless 12th-floor facility.

“Let’s go, champ,” Mr. Sitaras said, after I suit up leisurely in the locker room. “No wasted time in here.”

One personal trainer might be good enough for a mere mortal, but Sitaras Fitness clients work with two-trainer teams. While Mr. Sitaras leads me in a set of upright rows, a second note-taker records my progress and fetches weights and artesian Voss water.

One thing I’ve noticed so far is that when you’re a billionaire, you’re never alone. All day, your life is supervised by a coterie of handlers and attendants catering to your whims. In the locker room alone after my workout, I feel unsettled. Where’s my bodyguard? Where’s my chauffeur? Why is nobody offering me an amuse-bouche while I shampoo my hair?

I asked Dr. Grubman, the psychologist to the wealthy, if a billionaire’s lack of privacy eventually becomes second nature. “For these people, being able to be alone and relaxed with those people who are around you is rare,” he said.

I feel bad admitting it, but my billionaire day has been stressful. Without an assistant, just keeping up with the hundreds of moving parts — the driver, the security detail, the minute-by-minute scheduling — has been a full-time job and then some.

When my night ends well after midnight, after a performance of Macbeth at the Metropolitan Opera and a raucous trip to a burlesque-themed nightclub called the Box, something funny happens. I realize that I’m experiencing the sensation that psychologists call “sudden wealth syndrome.”

The feeling is one of cognitive dissonance, a quick oscillation between repulsion and attraction. I’m drawn on one level to the billionaire lifestyle and the privilege that comes with it. But the lifestyle is so cartoonish, so over-the-top flamboyant, that I’m not sure I could ever get used to it.

Dr. Grubman assured me that if I were an actual billionaire, I would resolve the dissonance in time. Luckily, I don’t have to. When I wake up the next morning, my Timex watch, bought on sale a couple of years ago, goes back on my wrist. I put on my unshined shoes and slip on my blue jacket, the one with a hole in the pocket.

On my way to the subway, I stop in at my local coffee shop and order a cappuccino. It’s slightly burnt, like always. But this morning, in the haze of my hangover, it tastes rich. Really, sublimely rich.

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Study Today

Largest Compilation of Structured Essays and Exams

If I were A Rich Man Essay for Children (545 Words)

February 19, 2018 by Study Mentor 6 Comments

Everyone dreams of something. Many of us want to do different things, experience life or want to have different stuffs but sometimes money become a barrier.

I too have a long list to do, but only if I were a rich man. It won’t be like I would woke up someday and find myself as a rich man but I want to think what it would be like if this happens.

Table of Contents

When I give it a thought as how I will spend my wealth, I think first it would be my parents who I will love to spend for. I will provide then with every feasible comforts in this world. I will make them feel everyday a different and special one.

I will also organize different foreign tours for my family, relatives and my awesome friends.

These places would be like Japan, New York, South Korea and many more. It would give me immense pleasure to present them gifts at every small occasions.

I can’t resist spending money lavishly over myself. I would add different sports cars and motorbikes to my collection. This collection would be a rare one nearly impossible to get.

I will also construct a house for myself. My house would be filled with every beautiful piece of arts.

It would have a swimming pool, a personal gym and different courts to practise indoor sports. For every place I will visit, I would buy a resident over there of my own. This would give opportunity to visit there again and have a real good time.

I am really fascinated by the thrill of extreme sports, so I will give it a shot to it. I really want to experience some of these like Skydiving, Paragliding, Snowboarding and Cliff Jumping.

For society

I really want to spend my wealth differently and along with others. I want to see a smile on the face of others and more important I must be the reason.

I would do something unexpected to people I don’t even know. It can be like buying some seats of concert of top artists or of matches and give them for free to biggest fans.

The reaction in their faces would be really amazing. I would also donate some money to my Alma mater for its contribution in my life is indispensable.

When I was a kid, I wanted to have many facilities in my school, now I think that all could be possible for my juniors.

I would also invest in new innovative ideas to promote start-ups and keep them motivated. This would act as a platform for many new entrepreneurs and the world would have many new facilities and inventions.

I have seen many talented players who lack the basic guidance and couching. For these talented youth I would open different clubs to promote different sports.

For poor people

I can’t really be satisfied until I do some charity work for poor and needy ones. As a wise man once said, the one who opens a school closes a prison.

Reader Interactions

December 25, 2018 at 12:20 pm

Thanks very nice paragraph

August 12, 2020 at 7:06 pm

It was amazing. I am champion 🏆 of this world. I can see the mistakes you have done. Keep it own

December 31, 2020 at 12:16 pm

You have a nice plan to do. But, some of your plans is not good. Specially, for yourself. It will be wasting. May Allah fill up your good dreams.

December 31, 2020 at 6:27 pm

It was very helpful .. Thank you for these beautiful essay.

January 4, 2021 at 6:52 pm

Good thoughts

October 12, 2021 at 9:19 am

Your essay is very useful to like me students, your essay and your thoughts are very nice 👏👏👏

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By Adam Frank

Managing Director, Head of Wealth Planning and Advice, J.P. Morgan Wealth Management

You just had a liquidity event. Maybe you’ve sold a business, or you’ve received a large gift or inheritance. Everybody has dreams about what they’d do in this situation – buy a new home, travel, invest – but what do you do when the money shows up in your account? Here are some things to think about as you prepare a longer-term plan for your new-found wealth. While we focus in this article on business sales, the same concepts hold true for any large, somewhat unanticipated inflow of cash. No matter what your situation, we encourage you to work with a professional advisor.

First steps

Make sure you have an account at an institution you trust to hold the assets you will receive from the liquidity event. Know the wire instructions to have the proceeds wired directly to the account.

Gift and estate tax planning around a liquidity event

If you are planning to make gifts to children or other beneficiaries, under some circumstances, doing so before the liquidity event and giving away a portion of your private business interest may allow you to take advantage of valuation discounts for gift tax purposes (which otherwise may not be available if you make gifts of cash post-event). Consult your estate-planning attorney, accountant and J.P. Morgan advisor if you are interested in gift and estate tax planning around your liquidity event.

Take your time

If you have sold a business, you may have been able to live off of – and fund your family’s lifestyle from – your salary or profits from the business. Now you may have to fund those expenses from your portfolio. At the same time, you need to think about how you would like to spend your time – will you travel? Spend time with family? Take on other jobs (e.g., join one or more boards of directors, teach, etc.)?

Part of your decision about long-term investing will depend on your spending and on how much of that spending you need to fund from your portfolio or other income you may have (including employment income from a new job) – and you may not know what your spending habits in this new phase of your life will be.

The most important thing to remember is that there is no urgency to put an investment plan – or a gifting plan – in place right away. While you may miss an immediate opportunity, at least on the investment front, others will present themselves, especially when you invest for the long-term.

Although this is less true with opportunities to purchase unique assets (e.g., certain real estate or collectibles), you should not rush into anything. Believe it or not, it is our experience that clients who receive significant liquidity quickly are best off when they take some time to get used to having liquid net worth (as opposed to having a business, which is “only” paper net worth). Get used to having a significantly sized account without feeling the need to “do something.”

Gauge your risk tolerance

What is your approach to investment risk? Asset allocation can be the most significant factor in the variability of long-term performance – sometimes even more so than security selection or market timing. Your risk tolerance – and your cash needs in the short-, medium- and long-terms – will drive an appropriate mix of assets for your investment portfolio.

Know your short-term needs

Make sure you have enough cash and other short-term investments to enable you to pay tax on your proceeds (if any), to fund any pre-planned purchases (family travel, second home, etc.), or to purchase medical insurance (if you are no longer covered by your business’s insurance). There will also likely be unexpected expenses for which you haven’t budgeted – make sure you have enough in your “day-to-day” accounts to cover unforeseen circumstances.

Considering both your liquidity needs and time horizon, the figure on the right lays out investment considerations for different liquidity “buckets.”

Liquidity needs and time horizons

Group cash balances into three types based on your liquidity needs and time horizon.

Day-to-day Balances

Cash typically used for daily needs; may be subject to unforeseen expenses
Requires preservation of principal
Same-day liquidity

Reserve Liquidity

Fairly static; same-day access not reached
Cash set aside for possible investments, large purchases

Investable assets

No short-term forecasted use

Create appropriate estate planning structures

Work with your estate-planning attorney to determine and create appropriate structures for yourself and your family to help hold, manage, protect and transfer your new wealth. These can include wills, trusts, limited partnerships or LLCs, and other planning vehicles. If you are charitably inclined, you can also create a private foundation or donor-advised fund, which can fulfill not only family and personal goals, but also tax and financial ones, both before and after your liquidity event.

Talk to a J.P. Morgan advisor about planning around your liquidity event and about a longer-term investment plan.

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Essay on If I Were A Millionaire for Students & Children in English

January 4, 2021 by Sandeep

If I were a Millionaire Essay: It’s certainly a dream and ambition for many of us to become millionaires and earn millions of rupees in our lives. More than earning the huge potluck, spending them judiciously by reaping maximum benefits saves the day. Most of us would aim at improving our living conditions, adding a touch of modernity to everyday lives, contributing to charity, generously spending money for noble causes, leading life luxuriously and leading by example.

Essay on If I Were A Millionaire! 500 Words in English

Below we have provided “If I were a Millionaire!” Essay in English, suitable for class 3, 4, 5, 6, 7, 8, 9 & 10.

Money is a crucial necessary element without which survival is unfeasible. One cannot compare money with love and care because both are equally essential for our life to sustain happily. Each part has its significance and plays a different role. Every person on earth wishes to become a millionaire and change their prevailing conditions so that they offer a better future for themselves. I too dream of becoming a millionaire so that I could provide things to my family for which they always longed for.

If I were a Millionaire

I belong to a middle-class family. We are four of us, my mother, father, elder sister and me. My parents have always supported us and gave all that was possible for them. I could see the struggle behind their smile and happiness, but they never uttered a word about it. We live in a small house trying to adjust ourselves in the restricted space. So, the first thing I will buy is a big house with a vast garden and a balcony. My father loves painting so would buy him expensive canvas board, paints and brushes and tell him to paint the best picture he could ever imagine. Since my mother loves plants; I would help her set up a garden of her dreams.

My sister is into makeup and styling so would shop enough to give her all that she desires. Also, I would buy a car for us and travel across the nation. A trip to Disney land and Europe tour would be booked for four of us. Moreover, I would visit Japan, the country I have been eyeing for years. In the words of H. Jackson Brown Jr, “Remember that the happiest people are not those getting more, but those giving more.” I completely subscribe to the statement as I believe that giving increases our chances to receive good in abundance. So that money that comes pouring to me should be showered on the people who require them the most.

Medical treatment is the most expensive thing in India because of which people die. So, I would build a hospital specially catering to the needs of the underprivileged and needy section of our society and ensure that they receive the treatment without any bias at cheap cost. Furthermore, I would open a school where practical learning holds substance than rote learning. The future minds need to comprehend and value for what they get from nature and their role as givers. This school will provide education to poor children who cannot afford admissions in regular schools.

I would even erect schools in rural areas where the children of farmers learn while working in fields. Not only schools but a free library will be opened so that they have access to various types of books with different languages. In such a way, they will have a pool of diverse knowledge. The nursing homes and orphanages will be donated money as and when required. The people who face unemployment will be provided financial aid until they get stable and find a job. I will provide basic amenities to the remote areas.

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Personal Finance

What Would You Do If You Were A Billionaire?

Updated 18 October 2023

Subject Personal Finance

Downloads 34

Category Business , Culture , Economics , Life

Topic Wealth , Money

Most of us are faced with the question of how we would react if you were made a billionaire on a blink of an eye. Some of us will think about buying an expensive sports car with that lot of money to spare, others would think of buying an entire island or buy an apartment. We tend to vary in terms of how we would use such a huge amount of money since we have different tastes and preferences. Billionaire is a song written by Bruno Mars feat. Travie McCoy. The song is a lead single from McCoy’s debut album, Lazarus and was produced by The Smeezingtons.

Analysis of the Rhetorical Situations

McCoy imagines what he would happen if he became a billionaire, he highlights all the good things he would do to others with the money lyrically. Bruno Mars came up with the lyrical concept for “Billionaire” due to an experience he encountered during a trip to London in which he was given $350 by his record label, an amount he was supposed to spend in 11 days. Bruno Mars found this amount of money too insufficient to cater for him during his entire stay in London and even compares this state of affairs in terms of individuals being broke to be even worse than the state of affairs in America. It is this experience that made him come up with the concept of what he would then do if he became a billionaire. The song was inspired by Mars’s own financial situation before he wrote the song, he says that he could barely afford breakfast and therefore would skip breakfast and wait until lunchtime that was when he would eat. This paper is going to analyze the rhetorical situations evident in the song.

Use of Rhetorical Appeals in the Song

Billionaire by McCoy feat. Bruno Mars employs the use of the appeals of rhetoric, ethos, logos, and pathos. The use of the rhetorical appeal of ethos which is an appeal to the credibility of what the piece of art is trying to communicate. The song’s main message to the audience poses a question of what would happen if one is made a billionaire, how will he/she spend the money. This makes the audience establish credibility in the song’s message since this a question that almost all of us have been facing quite often which therefore means that the audience can relate to his/her experiences on the concept being communicated by the artists. The use of this rhetorical appeal makes the artist be able to effectively communicate their intended message to their audience since it is something they can relate to since they have come across this situation in their lifetime unlike an artist who is trying to communicate a concept which the audience is probably coming into contact for the first time. The use of this form of rhetorical appeal is evident in the following line from the song “I know we all have a similar dream”, the artists use this to try and make the audience imagine themselves in a situation that they have been made billionaires, how would their reactions be and by so engaging the audience in the song the artists are able to communicate their intended theme effectively and efficiently (Petridis 3).

Logos is one other rhetorical appeal that is skillfully applied in the song to aid in the song’s central theme. Logos refers to the appeal to logic that is often used by artists to justify the concept or idea they are trying to bring out in their piece of art. The artists manage to take the audience through a logical path of the things that they could do if made billionaires, the things they could buy, the places and people they could visit and interact with. It is logical that these things are possible when one becomes a millionaire because it comes with a change of social class and even lifestyle. The changes that would take place in an individual’s life if made a billionaire are significant have presented in the song, all the concepts that the artists present in the song are logically possible and achievable with one being a billionaire. There is also logic in the sense that this concept is not new to us as the audience because once in our lifetimes we must have thought of the idea of being successful and gaining financial stability is not being billionaires, therefore the song acts as a logical reinforcement of what we all wish we could be in life when awarded a ticket of financial stability like being made a billionaire. This is evidently presented in the song’s lines such as “give away a few Mercedes like here lady have this” and “I wanna be on the cover of Forbes magazine”, these are things that could be possible if one if a billionaire, therefore the appeal of logos is successfully applied by the artists in their quest to develop the main them of the song (Greenburg 2).

Pathos involves the artistic appeal to the audience’s emotions and feelings as a way of trying to get the attention of the audience and perhaps make them empathize with you or put themselves in your place as an artist. It is an effective technique of making sure that the message intended to be communicated to the audience is well received and driven home into the audience’s minds. This rhetorical appeal is evidently present in the song’s chorus “oh every time I close my eyes, I see my name in shining lights”, these two lines take the audience through an emotional pathway of trying to visualize themselves being billionaires and the things they would be able to do if they become billionaires. An emotional appeal is also made in the following line “and not a single tummy around me would know what hungry was”, which signifies the generosity that the artist would have if he becomes a billionaire, that he will spare a few bucks for the people around him so as they do not go hungry (Mars and McCoy 2). The use of this rhetorical appeal enables the audience to perceive the artist as kind and hence through this, the artist is able to win the audience's heart and in the process able to communicate the song’s intended message.

In a nutshell, Travie McCoy and Bruno Mars in their song “Billionaire” are able to apply the three rhetorical appeals of ethos, pathos, and logos in their quest to ensure that their message of what one would do if he/she becomes a millionaire is well driven home. The song is all about fame, money, and power. One attitude in the song sounds to be implying how greedy one would be if he/she becomes a millionaire and on the other side, it depicts how helpful one could be if made a billionaire.

Works Cited

Greenburg, Zack O. "Bruno Mars Reveals Inspiration Behind "Billionaire"." Forbes, [New Jersey], 18 Feb. 2011, www.forbes.com/sites/zackomalleygreenburg/2011/02/18/bruno-mars-reveals-inspiration-behind-billionaire/#2da3b1404dc3. Accessed 19 Feb. 2018.

Mars, Bruno, and Travie McCoy. "Billionaire." Lazarus, The smeezingtons, 26 July 2010.

Petridis, Alexis. ""Bruno Mars: Doo-Wops " Hooligans – review"." The Guardian, 20 Jan. 2011, www.theguardian.com/music/2011/jan/20/bruno-mars-doo-wops-review?INTCMP=ILCNETTXT3487. Accessed 26 Aug. 2011.

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Related Essays

If I were a billionaire…

By Nate Hagens , originally published by The Oil Drum: Campfire

November 22, 2010

The main messages in this post are:

1) How we measure both wealth and status is likely to move away from financial marker capital back towards ‘real capital’, either gradually, or in disruptive fashion.

2) The amplitude available in social status, stretched during the terminus of the cheap energy/cheap credit digital marker era, is going to snap back, possibly significantly.

This has implications for all of us, but particularly for the very (financially) wealthy.

INTRODUCTION

Most alive today think of wealth as how much money they have in their pockets, their bank accounts, their brokerage accounts, and their retirement accounts. Sure there is real estate, factories, gold and land as well. But it is a rare person that considers their skills, their relationships, their stuff and the ecosystems around them (human, social, built and natural capital respectively) as part of their ‘net worth’.

I have alluded in posts in the past here that though energy/resource depletion lies at the heart of our current predicaments, the weakest link to future social stability is not oil decline or environmental externalities but the non-linear repercussions of currency and financial upheaval. I’ve not posted the entirety of this analysis here mostly because I’m more interested in sharing broader ideas than details, at least on that topic, in this forum. But here is the general story.

In nature, access to high quality energy underpins everything. Biological organisms that maximize energy output/energy input (calories) at time T have advantages at time T+1 (and historically, conferred these advantages genetically at time T+X). In surplus situations, some energy can be ‘stored’ for later use. Relative to conspecifics, better energy access/harnessing/storage correlates with status – e.g. the weight/bulk of an elephant seal, or the antler mass on a stag confers both survival and ultimately mating advantages.

Humans too are biological organisms. Access to and control/use of energy correlates with status and social power. Energy of some form is required to create every good or product we have in our global or local economies (a fact that is still not widely recognized). Our modern institutional (and belief system) experiment allows for the ‘storage’ of surplus/below ground energy to occur in paper – mostly in electronic digits. Money becomes a claim on future labor, or things (basically energy). Most humans today have surplus resources far in excess of what they physically need. The average Americans physical caloric input requirements are met 100 times over with our daily subsidy of fossil sunlight.

As such, over time, money and its derivatives have become such a prevalent marker for both biophysical needs/wants and social power at time T, that culture and 80 years of largely uninterrupted growth has tricked our evolved wiring into accepting that digital money at Time T is a perfect substitute for energy and stuff at Time T +1. Furthermore, unlike in nature, our perceived relative status is not limited by how much we can eat, or how large of ornaments we can grow, but by the leverage available in the heretofore limitless marker assets. In effect, instead of the built in negative status feedbacks in nature (stags with horns TOO heavy, get stuck or fall over), our leveraged monetary culture engenders positive status feedbacks ($1 billion buys you much more social power than $1 million). But during this generation long smorgasbord, we have either forgotten or neglected the possibility that monetary markers at Time T, might not get us anything at all at Time T+1.

Graphic from IIER, Data from: U.S. Federal Reserve – Flow of Funds,U.S. Bureau of Economic Analysis

Cheap energy (as a % of total societal inputs) and its cultural storage vector (cheap money in the form of commercial/central banks creating loans and deposits simultaneously to meet credit demand in growing economy) created a non-linear social system that over time, departed from money being a realistic claim on future energy as it depended more and more on an increasing total money supply to service the debts of years prior. In the United States, we have grown our debt more than we grew our output (GDP) for each of the last 45 years. Think fast treadmill.

Currently, the aggregation of ‘claims’ requiring growth to service and pay off in the future is around $65-70 trillion vs $14 trillion in GDP – or around 500%. (stocks, bonds, corporate, municipal, state, private and corporate debt -including unfunded social security medicare the number jumps to over $110 trillion). Because of the inherent leverage in our monetary system, we can’t stop growing lest the debt hounds snapping at our collective heels catch up to us. However, resources – currently their cost, and soon also their availability, now limit our aggregate system. When growth stalls each time we become resource/price constrained, more new credit will be attempted, increasingly by the government sector, accelerating the transfer of consumption from the future to the present and the periphery to the core, until it either physically can’t continue, or more likely, becomes obvious to the major players it can’t continue. This Wile E Coyote moment – the collective realization that there are more digits owned and promised than can or will ever be paid back will likely result in 80%, 90%, or even 100% of financial assets of all kinds to go poof. In my estimation this is a strong possibility in the coming decade and even potentially within five years.

Envy for status given environmental cues is a strong motivator. Increasing evidence in the fields of psychology and economics shows that above a minimum threshold of income/wealth, it one’s relative wealth that matters, not absolute. In an analysis of more than 80,000 observations , the relative rank of an individual’s income predicted the individual’s general life satisfaction whereas absolute income and reference income had little to no effect. Sociological and physiological research shows decreasing returns to more absolute income/wealth. (Incidentally, in the 80 references in that peer-reviewed paper, not one was to biology or evolution). Furthermore, in a bizarre curse of neuroscience, our dopaminergic reward pathways activate as strongly when we ALMOST win or achieve something. So as long as someone is ‘winning’ ahead of us, those near the top may be driven even further to succeed in attaining culturally defined status markers. As such, even though, as indicated in the above Inglehart curve, well-being doesnt increase that much after a certain minimum threshold of GDP/wealth is achieved, that will not stop people, especially near the top, to continue to shoot towards the green circle.

For those who are wealthy/powerful the choices have always been about growing/preserving accumulated wealth via lateral shifts between various monetary marker assets – cash, bonds, stocks, commodities, etc. In a future where the traditional drivers of growth (energy/credit) are drying up , the conventional Capital Asset Pricing Model assumptions go out the window . Essentially opportunity no longer shuffles within the financial asset class, but moves outside the entire class itself to non-financial assets. Obviously one can’t effectively transmute $1,000,000,000 into like amounts of social capital, skills, friends and stuff. Sure, some precious metals in the face of potential currency reform or nationalization make sense, but golds contribution to effective net worth is limited by ‘non-precious metal inputs’, like safes, friends, and a stable and functioning environment in which to transact with them. I.e. hoarding gold as a wealth/status preservation strategy is looking one step ahead – when thinking two or three steps is required.

The ‘endowment effect’, and loss aversion principles will make it very difficult for people with outsized means, the movers and shakers of our society, to just accept a lower relative social rank. One could argue that financial wealth is more of a burden in this environment, as excessive thought and effort will be made in this demographic to preserve financial markers at all costs, when the real paradigm is about transitioning from net worth back to self-worth. I hypothetically illustrate this in the above graphic. Beyond paper wealth levels of X, digital markers in the current environment actually will be a hindrance to well-being. A person at point Y (say, $5 million?), will be so locked in the old paradigm of measuring life success by digits they will adhere to that dying principle at a cost of new healthier options of social, human and built capital. Some few of the mega-wealthy may have enough (point Z) to maintain their wealth/influence going forward. But, as in Weimar Germany, the vast majority of wealthy will likely have it wiped out.

If I were a billionaire, my biggest strategy for adapting to a world of new formulas based on ecology and not economics, would be to accept the fact that the amplitude of social power engendered from markets without reins is going away. In some trajectories, there may even be social backlash against the very wealthy. I would try very hard to become ‘unattached’ to my accumulated digits as even if one disagrees with my percentages, an intelligent observer must acknowledge a non-zero possibility of a ‘poof’ event for financial assets. However, in addition to the psychological preparation of one day soon ‘rejoining the pack’, there are significant actions that billionaires can take to build important social and built capital in communities and regions all over the world. Who else can support efforts towards local/regional economies, the science and scaling behind import substitution models, which were shunned during the crusade towards efficiency and paper profits. Who else can initiate and support economic laboratories, experimenting outside the current paradigm on a scale necessary to impact society in a positive way. The risks posed to society from a globally interconnected system, where the average american farmer has something on order of 60 supply inputs, over half of which come from overseas is begging for new initiatives for systemic risk management.

In my life I have met maybe a dozen billionaires and I’m guessing very few have some knowledge as to what I speak (of course – look at them – they’re the billionaires). But in the liminal space where paper wealth is losing its grip as a stable placeholder for status and power, new thinking and bold action is required. New thinking and bold action by Joe Six Pack, however well intentioned, won’t be overly impactful for post credit society at the scale required. We need to either lead by example from the top, or have efforts from the top preparing for contingencies that our conventional institutions will ignore. In effect, we are facing environmental and energy crises galore – but the most critical hurdle in the near future will be a reset of our currency and debt system. If we don’t get this one right by preparing now, we probably won’t have much of a chance to deal with the other long-term problems, where blueprints based on science of both supply and demand can be crafted and implemented. That echelon of society with surplus digital wealth, which may disappear anyways, are in a unique spot to help.

Finally, if I was a billionaire I would trade it all in, for my current understanding of the world, my current relationships and friends, my current lifestyle. But I’m not, so I’m asking those who are to open their eyes to the broader situation and effect positive change.

Nate Hagens

Taking Paradigm Shift To A Wider Audience Part 2

By Jan Spencer , Resilience.org

Capitalism is not broken, the environmental, automobile and social mayhem we experience every day are just what it does. Humans deserve better and humans are capable of better. The Primer is here to help.

June 7, 2024

Modern (Mis)interpretations of Clean Slates

By Michael Hudson , Resilience.org

Today’s creditor-oriented ideology depicts the archaic past as much like our own world, as if civilization was developed by individuals thinking in terms of modern orthodoxy.

June 6, 2024

Out Over Our Skis – Energy Faceplant

By Cylvia Hayes , TRANSCEND

The term “out over your skis” means careening forward, a little out of control, very likely headed for a faceplant. This is the position humanity is in when it comes to energy demand.

Quebec billionaire Robert Miller arrested, charged with sex offences against 10 victims

Montreal businessman accused of sexual assault, sexual exploitation of minors.

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WARNING: This article contains graphic content and may affect those who have experienced sexual violence or know someone affected by it.

Reclusive Quebec billionaire Robert G. Miller, who allegedly paid several young girls in exchange for sexual favours, was arrested Thursday afternoon and faces 21 charges, including sexual assault, obtaining sexual services for consideration and several counts of sexual exploitation of minors.

The former owner of Future Electronics was arrested at his home in the Montreal neighbourhood of Westmount.

Miller is alleged to have committed the offences against 10 women and girls — eight of them minors — between 1994 and 2016, Montreal police said at a news conference Thursday afternoon. One of the alleged victims was under 14 years old at the time of alleged offences.

The Service de police de la Ville de Montréal (SPVM) said Miller was released with conditions on a promise to appear in court on July 3. In a media release, police said he was unable to appear in court Thursday due to his health. Miller, 80, has late-stage Parkinson's disease.

The SPVM said its investigation into the offences is ongoing and appealed for any victims to come forward.

The charges are the culmination of a year-long police investigation, which was triggered by a CBC/Radio-Canada investigation that aired in February 2023 .

According to the SPVM, after the story aired, more victims came forward, which allowed police to reopen an investigation.

In a written statement Thursday evening, Miller reiterated his innocence and said he will fight the allegations. He said that "the clear motivation behind this whole case, dating back as far as 30 years ago, is easy financial gain" at his expense.

Miller "deplores" the fact that the prosecution proceeded with charges "notwithstanding its knowledge that his state of health prevents him from defending himself," the statement said.

Last year, Radio-Canada's Enquête and CBC's The Fifth Estate revealed allegations from several women who said Miller had paid them for sexual services while they were minors, some as young as 14.

The women who spoke to CBC/Radio-Canada claimed they'd been paid thousands of dollars in cash and showered with designer clothes, handbags and shoes. They also claimed that Miller paid them generous incentives to recruit their friends.

CBC Investigates Reclusive Quebec billionaire allegedly paid underaged girls for sex for more than a decade

Miller has always denied the allegations made against him. His lawyer has not commented on the criminal accusations.

Thursday's arrest brought a sense of closure for some.

"It was time. Every morning I woke up and wondered: 'Will it be today?'" said one of the alleged victims, who says she feels extremely relieved. "Now it's true, finally we are believed."

While she said she's sad to see the number of alleged victims, she always suspected there would be many. "I'd like him to plead guilty, out of respect for all of us."

Earlier investigation into sex offences

Miller and some of his associates had been investigated by police in 2009 for claims of sex offences. However, no charges were laid against the reclusive billionaire.

Alleged victims and witnesses believe this was in part because many young women did not know the businessman's true identity.

A notoriously private person despite his standing as one of Quebec's richest men, Miller was seldom photographed, and the young women who met him allege he told them he was an American radio executive named Bob Adams.

The Girls Around Robert G. Miller

Miller resigned from his role as CEO of Future Electronics hours after the CBC/Radio-Canada story broke in February 2023. The Montreal-based electronic parts distributor has since been sold to Taiwanese company WT Microelectronics.

Several new allegations have since emerged against the billionaire and have been laid out in a series of civil suits. A class action against Miller, which has yet to be authorized, now includes nearly 50 participants, including women who say they were only 11 or 12 years old when they first had sexual contact with the billionaire.

Three other women have filed individual lawsuits against the businessman, claiming more than $30 million in damages.

Miller contests all these proceedings and denies all allegations.

Woman says she was 11 when Montreal billionaire Robert Miller sexually exploited her
Quebec judge rules Robert Miller can be questioned about sex case before trial

Last March, one of the civil suits was rejected on the grounds that the plaintiff had accepted tens of thousands of dollars from Miller after the 2023 CBC/Radio-Canada story was broadcast. The judge ruled that by accepting this money, she had implicitly agreed not to sue the businessman.

The alleged victim, who is appealing this decision, said she spent 20 years under the billionaire's yoke. She is demanding $8 million in damages for the trauma she said she incurred.

During the proceedings, one of Miller's associates, Sam Abrams, revealed that he had paid the plaintiff nearly $100,000 — money from his bank account but purportedly from the coffers of Future Electronics — after she was contacted by Radio-Canada journalists during their investigation.

The alleged victim had refused to participate in Radio-Canada's investigation, but had also declined to sign a document waiving her right to sue Miller.

Too sick to testify in court, medical experts say

Medical experts have stated that Miller is extremely ill, suffering from Parkinson's disease and cardiac ailments, and that he is too sick to testify in court.

As such, the judge overseeing the class-action suit against him recently ruled that he can be interrogated in writing, before the lawsuit is authorized.

"The court considers that conducting an oral examination at a minimally sustained pace and where even the slightest meaningful and useful answers are given would put Miller's life in danger," Quebec Superior Court Justice Christian Immer wrote in his decision, acknowledging that fears that Miller might die or become too ill to testify are warranted.

A written interrogation, Immer said, "gives Miller plenty of time to formulate an intelligible response. This will allow an appropriate pace and allow him to take the necessary breaks."

For anyone who has been sexually assaulted, there is support available through crisis lines and local support services via the Ending Violence Association of Canada database .

If you're in immediate danger or fear for your safety or that of others around you, please call 911.

Corrections

A previous version of this story said several of Miller's associates were also arrested. In fact, no associates have been arrested. May 30, 2024 10:46 PM ET

ABOUT THE AUTHOR

Brigitte Noël is a journalist with the investigative program Enquête at Radio-Canada.

Media Companies Are Making a Huge Mistake With AI

News organizations rushing to absolve AI companies of theft are acting against their own interests.

In 2011, I sat in the Guggenheim Museum in New York and watched Rupert Murdoch announce the beginning of a “new digital renaissance” for news. The newspaper mogul was unveiling an iPad-inspired publication called The Daily . “The iPad demands that we completely reimagine our craft,” he said. The Daily shut down the following year, after burning through a reported $40 million.

For as long as I have reported on internet companies, I have watched news leaders try to bend their businesses to the will of Apple, Google, Meta, and more. Chasing tech’s distribution and cash, news firms strike deals to try to ride out the next digital wave. They make concessions to platforms that attempt to take all of the audience (and trust) that great journalism attracts, without ever having to do the complicated and expensive work of the journalism itself. And it never, ever works as planned.

Publishers like News Corp did it with Apple and the iPad, investing huge sums in flashy content that didn’t make them any money but helped Apple sell more hardware. They took payouts from Google to offer their journalism for free through search, only to find that it eroded their subscription businesses. They lined up to produce original video shows for Facebook and to reformat their articles to work well in its new app. Then the social-media company canceled the shows and the app. Many news organizations went out of business.

The Wall Street Journal recently laid off staffers who were part of a Google-funded program to get journalists to post to YouTube channels when the funding for the program dried up . And still, just as the news business is entering a death spiral, these publishers are making all the same mistakes, and more, with AI.

Adrienne LaFrance: The coming humanist renaissance

Publishers are deep in negotiations with tech firms such as OpenAI to sell their journalism as training for the companies’ models. It turns out that accurate, well-written news is one of the most valuable sources for these models, which have been hoovering up humans’ intellectual output without permission. These AI platforms need timely news and facts to get consumers to trust them. And now, facing the threat of lawsuits, they are pursuing business deals to absolve them of the theft. These deals amount to settling without litigation. The publishers willing to roll over this way aren’t just failing to defend their own intellectual property—they are also trading their own hard-earned credibility for a little cash from the companies that are simultaneously undervaluing them and building products quite clearly intended to replace them.

Late last year Axel Springer, the European publisher that owns Politico and Business Insider , sealed a deal with OpenAI reportedly worth tens of millions of dollars over several years. OpenAI has been offering other publishers $1 million to $5 million a year to license their content . News Corp’s new five-year deal with OpenAI is reportedly valued at as much as $250 million in cash and OpenAI credits. Conversations are heating up. As its negotiations with OpenAI failed, The New York Times sued the firm—as did Alden Global Capital, which owns the New York Daily News and the Chicago Tribune . They were brave moves, although I worry that they are likely to end in deals too.

That media companies would rush to do these deals after being so burned by their tech deals of the past is extraordinarily distressing. And these AI partnerships are far worse for publishers. Ten years ago, it was at least plausible to believe that tech companies would become serious about distributing news to consumers. They were building actual products such as Google News. Today’s AI chatbots are so early and make mistakes often. Just this week, Google’s AI suggested you should glue cheese to pizza crust to keep it from slipping off.

OpenAI and others say they are interested in building new models for distributing and crediting news, and many news executives I respect believe them. But it’s hard to see how any AI product built by a tech company would create meaningful new distribution and revenue for news. These companies are using AI to disrupt internet search—to help users find a single answer faster than browsing a few links. So why would anyone want to read a bunch of news articles when an AI could give them the answer, maybe with a tiny footnote crediting the publisher that no user will ever click on?

Companies act in their interest. But OpenAI isn’t even an ordinary business. It’s a nonprofit (with a for-profit arm) that wants to promote general artificial intelligence that benefits humanity—though it can’t quite decide what that means. Even if its executives were ardent believers in the importance of news, helping journalism wouldn’t be on their long-term priority list.

Ross Andersen: Does Sam Altman know what he’s creating?

That’s all before we talk about how to price the news. Ask six publishers how they should be paid by these tech companies, and they will spout off six different ideas. One common idea publishers describe is getting a slice of the tech companies’ revenue based on the percentage of the total training data their publications represent. That’s impossible to track, and there’s no way tech companies would agree to it. Even if they did agree to it, there would be no way to check their calculations—the data sets used for training are vast and inscrutable. And let’s remember that these AI companies are themselves struggling to find a consumer business model. How do you negotiate for a slice of something that doesn’t yet exist?

The news industry finds itself in this dangerous spot, yet again, in part because it lacks a long-term focus and strategic patience. Once-family-owned outlets, such as The Washington Post and the Los Angeles Times , have been sold to interested billionaires. Others, like The Wall Street Journal , are beholden to the public markets and face coming generational change among their owners. Television journalism is at the whims of the largest media conglomerates, which are now looking to slice, dice, and sell off their empires at peak market value. Many large media companies are run by executives who want to live to see another quarter, not set up their companies for the next 50 years. At the same time, the industry’s lobbying power is eroding. A recent congressional hearing on the topic of AI and news was overshadowed by OpenAI CEO Sam Altman’s meeting with House Speaker Mike Johnson . Tech companies clearly have far more clout than media companies.

Things are about to get worse. Legacy and upstart media alike are bleeding money and talent by the week. More outlets are likely to shut down, while others will end up in the hands of powerful individuals using them for their own agendas (see the former GOP presidential candidate Vivek Ramaswamy’s activist play for BuzzFeed ).

The long-term solutions are far from clear. But the answer to this moment is painfully obvious. Publishers should be patient and refrain from licensing away their content for relative pennies. They should protect the value of their work, and their archives. They should have the integrity to say no. It’s simply too early to get into bed with the companies that trained their models on professional content without permission and have no compelling case for how they will help build the news business.

Instead of keeping their business-development departments busy, newsrooms should focus on what they do best: making great journalism and serving it up to their readers. Technology companies aren’t in the business of news. And they shouldn’t be. Publishers have to stop looking to them to rescue the news business. We must start saving ourselves.

In the pandemic, we were told to keep 6 feet apart. There’s no science to support that.

In a congressional appearance, infectious-disease expert Anthony S. Fauci characterized the recommendation as “an empiric decision that wasn’t based on data.”

The nation’s top mental health official had spent months asking for evidence behind the Centers for Disease Control and Prevention’s social distancing guidelines, warning that keeping Americans physically apart during the coronavirus pandemic would harm patients, businesses, and overall health and wellness.

Now, Elinore McCance-Katz, the Trump administration’s assistant secretary for mental health and substance use, was urging the CDC to justify its recommendation that Americans stay six feet apart to avoid contracting covid-19 — or get rid of it.

“I very much hope that CDC will revisit this decision or at least tell us that there is more and stronger data to support this rule than what I have been able to find online,” McCance-Katz wrote in a June 2020 memo submitted to the CDC and other health agency leaders and obtained by The Washington Post. “If not, they should pull it back.”

The CDC would keep its six-foot social distance recommendation in place until August 2022, with some modifications as Americans got vaccinated against the virus and officials pushed to reopen schools. Now, congressional investigators are set Monday to press Anthony S. Fauci, the infectious-disease doctor who served as a key coronavirus adviser during the Trump and Biden administrations, on why the CDC’s recommendation was allowed to shape so much of American life for so long, particularly given Fauci and other officials’ recent acknowledgments that there was little science behind the six-foot rule after all.

“It sort of just appeared, that six feet is going to be the distance,” Fauci testified to Congress in a January closed-door hearing, according to a transcribed interview released Friday. Fauci characterized the recommendation as “an empiric decision that wasn’t based on data.”

Francis S. Collins, former director of the National Institutes of Health, also privately testified to Congress in January that he was not aware of evidence behind the social distancing recommendation, according to a transcript released in May.

Four years later, visible reminders of the six-foot rule remain with us, particularly in cities that rushed to adopt the CDC’s guidelines hoping to protect residents and keep businesses open. D.C. is dotted with signs in stores and schools — even on sidewalks or in government buildings — urging people to stand six feet apart.

Experts agree that social distancing saved lives, particularly early in the pandemic when Americans had no protections against a novel virus sickening millions of people. One recent paper published by the Brookings Institution , a nonpartisan think tank, concludes that behavior changes to avoid developing covid-19, followed later by vaccinations, prevented about 800,000 deaths. But that achievement came at enormous cost, the authors added, with inflexible strategies that weren’t driven by evidence.

“We never did the study about what works,” said Andrew Atkeson, a UCLA economist and co-author of the paper, lamenting the lack of evidence around the six-foot rule. He warned that persistent frustrations over social distancing and other measures might lead Americans to ignore public health advice during the next crisis.

The U.S. distancing measure was particularly stringent, as other countries adopted shorter distances; the World Health Organization set a distance of one meter, or slightly more than three feet, which experts concluded was roughly as effective as the six-foot mark at deterring infections, and would have allowed schools to reopen more rapidly.

The six-foot rule was “probably the single most costly intervention the CDC recommended that was consistently applied throughout the pandemic,” Scott Gottlieb, former Food and Drug Administration commissioner, wrote in his book about the pandemic, “Uncontrolled Spread.”

It’s still not clear who at the CDC settled on the six-foot distance; the agency has repeatedly declined to specify the authors of the guidance, which resembled its recommendations on how to avoid contracting the flu. A CDC spokesperson credited a team of experts, who drew from research such as a 1955 study on respiratory droplets . In his book, Gottlieb wrote that the Trump White House pushed back on the CDC’s initial recommendation of 10 feet of social distance, saying it would be too difficult to implement.

Perhaps the rule’s biggest impact was on children, despite ample evidence they were at relatively low risk of covid-related complications. Many schools were unable to accommodate six feet of space between students’ desks and forced to rely on virtual education for more than a year, said Joseph Allen, a Harvard University expert in environmental health, who called in 2020 for schools to adopt three feet of social distance.

“The six-foot rule was really an error that had been propagated for several decades, based on a misunderstanding of how particles traveled through indoor spaces,” Allen said, adding that health experts often wrongly focused on avoiding droplets from infected people rather than improving ventilation and filtration inside buildings.

Social distancing had champions before the pandemic. Bush administration officials, working on plans to fight bioterrorism, concluded that social distancing could save lives in a health crisis and renewed their calls as the coronavirus approached. The idea also took hold when public health experts initially believed that the coronavirus was often transmitted by droplets expelled by infected people, which could land several feet away; the CDC later acknowledged the virus was airborne and people could be exposed just by sharing the same air in a room, even if they were farther than six feet apart.

“There was no magic around six feet,” Robert R. Redfield, who served as CDC director during the Trump administration, told a congressional committee in March 2022. “It’s just historically that’s what was used for other respiratory pathogens. So that really became the first piece” of a strategy to protect Americans in the early days of the virus, he said.

It also became the standard that states and businesses adopted, with swift pressure on holdouts. Lawmakers and workers urged meat processing plants, delivery companies and other essential businesses to adopt the CDC’s social distancing recommendations as their employees continued reporting to work during the pandemic.

Some business leaders weren’t sure the measures made sense. Jeff Bezos, founder of online retail giant Amazon, petitioned the White House in March 2020 to consider revising the six-foot recommendation, said Adam Boehler, then a senior Trump administration official helping with the coronavirus response. At the time, Amazon was facing questions about a rising number of infections in its warehouses, and Democratic senators were urging the company to adopt social distancing.

“Bezos called me and asked, is there any real science behind this rule?” Boehler said, adding that Bezos pushed on whether Amazon could adopt an alternative distance if workers were masked, physically separated by dividers or other precautions were taken. “He said … it’s the backbone of trying to keep America running here, and when you separate somebody five feet versus six feet, it’s a big difference,” Boehler recalled. Bezos owns The Washington Post.

Kelly Nantel, an Amazon spokesperson, confirmed that Bezos called Boehler and said the Amazon founder’s focus was the discrepancy between the U.S. recommendation and the WHO’s shorter distance. The company soon said it would follow the CDC’s six-foot social distancing guidelines in its warehouses and later developed technologies to try to enforce those guidelines. “We did it globally everywhere because it was the right thing to do,” Nantel said.

Boehler said he spoke with Redfield and Fauci about testing alternatives to the six-foot recommendation but that he was not aware of what happened to those tests or what they found. Fauci declined to comment. Redfield did not respond to requests for comment.

But challenging the six-foot recommendation, particularly in the pandemic’s early days, was seen as politically difficult. Rochelle Walensky, then chief of infectious disease at Massachusetts General Hospital, argued in a July 2020 email that “if people are masked it is quite safe and much more practical to be at 3 feet” in many school settings.

Five months later, incoming president Joe Biden would tap Walensky as his CDC director. Walensky swiftly endorsed the six-foot distance before working to loosen it, announcing in March 2021 that elementary school students could sit three feet apart if they were masked. Walensky declined to comment.

The most persistent government critic of the social distancing guidelines may have been McCance-Katz, who did not respond to requests for comment for this article. Trump’s mental health chief had spent several years clashing with other Department of Health and Human Services officials on various matters and had few internal defenders by the time the pandemic arrived, hampering her message. But while her pleas failed to move the CDC, her warnings about the risks to mental health found an audience with Trump and his allies, who blamed federal bureaucrats for the six-foot rule and other measures.

“What is this nonsense that somehow it’s unsafe to return to school?” McCance-Katz said in September 2020 on an HHS podcast, lamenting the broader shutdown of American life. “I do think that Americans are smart people, and I think that they need to start asking questions about why is it this way.”

Japanese billionaire pulls plug on private ‘dearMoon’ lunar Starship mission

The Japanese billionaire who commissioned SpaceX for a private mission around the moon on a Starship rocket has abruptly canceled the project, citing ongoing uncertainties around when the launch vehicle will be ready to fly.

“I signed the contract in 2018 based on the assumption that dearMoon would launch by the end of 2023,” Yusaku Maezawa, the backer of the project, said on X . “It’s a developmental project so it is what it is, but it is still uncertain as to when Starship can launch.”

The dearMoon mission was first announced in 2018 — back when Starship was known as Big Falcon Rocket — and it was set to be the first Starship launch to fly humans around the moon and back. At that time, the two parties said they were targeting as early as 2023 for the 240,000-mile journey.

Maezawa announced the eight people who would accompany him and the crew on the mission in late 2022, including Everyday Astronaut’s Tim Dodd, South Korean idol TOP and music producer Steve Aoki. At that point, the publicly stated schedule on the dearMoon website still held to the 2023 timeline; however, four years on from the project’s announcement, it was becoming very obvious that the target launch date was infeasible, given that Starship had, at that time, not yet performed even a single orbital test flight. The project was delayed indefinitely last November.

The cancellation seems to have come as a surprise to at least some of the crew members. “Had I known this could have ended within a year and a half of it being publicly announced, I would’ve never agreed to it,” Dodd said. “We had no prior knowledge of this possibility. I voiced my opinions, even before the announcement, that it was improbable for dearMoon to happen in the next few years.”

Irish photographer Rhiannon Adam, also selected for the mission, was more cutting : “As someone with a critical brain, much of this doesn’t make sense, particularly with regard to timeline. I never believed we were going in 2023, or 2024,” she said.

Reporting at the time suggested that SpaceX was pursuing space tourism as a way to fund the development of the massive, hugely complex rocket. While neither SpaceX nor Maezawa have ever disclosed the likely considerable down payment amount for the flight, Musk said during an event announcing the mission that it was “a non-trivial amount that will have a material impact” on the rocket’s development costs.

But SpaceX’s business has considerably changed since 2018: The company has hit a number of impressive milestones, including certifying and flying its crewed Dragon spacecraft for astronauts, bringing its Starlink satellite internet constellation online, and upping the Falcon rocket launch cadence to nearly 100 per year in 2023. (The company is on track to beat its own record this year.)

The company also scored a landmark contract from NASA to use a version of Starship as a lunar lander for the agency’s Artemis program, and this no doubt considerably shifted SpaceX’s priorities moving forward. Space tourism had to take a backseat to the interests of their largest single customer.

SpaceX’s valuation has steadily climbed, and investor appetite for SpaceX stock seems nearly insatiable. At the end of 2018, the company was valued at $30.5 billion; as of last month, it was reportedly considering a tender offer that could value the company at roughly $200 billion. Meanwhile, space research and news organization Payload Research estimated that SpaceX likely doubled its revenue in 2023 versus the previous year to $8.7 billion.

It seems that Maezawa’s fortune has shifted as well. According to Forbes, his net worth is now $1.4 billion, which is just half as much as it was when dearMoon was announced. Maezawa also scratched his space itch in 2021, when he flew in a Russian Soyuz capsule on a 12-day trip to the International Space Station with the private spaceflight company Space Adventures.

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Guest Essay

I Reread a Book That Changed My Life, but I’d Changed, Too

A young woman lies on the shore of a lake with mountains in the background. A pair of eyeglasses is lying beside her head and she is holding a book above her face to read it.

By Margaret Renkl

Ms. Renkl is a contributing Opinion writer who covers flora, fauna, politics and culture in the American South.

On the day of the eclipse back in April, walking through Boston Common on a fine spring afternoon as every expectant face turned upward, I thought again of Annie Dillard’s wondrously dislocating essay “ Total Eclipse ,” which I have reread more times than I can count. “My hands were silver,” she wrote. “All the distant hills’ grasses were finespun metal that the wind laid down.”

Then I read “ This Is How a Robin Drinks: Essays on Urban Nature ,” the forthcoming book by the Nashville naturalist Joanna Brichetto, which begins with an epigraph from “Pilgrim at Tinker Creek,” the book that won Ms. Dillard a Pulitzer Prize when she was 29 years old: “Some unwonted, taught pride diverts us from our original intent, which is to explore the neighborhood, view the landscape, to discover at least where it is that we have been so startlingly set down, if we can’t learn why.”

And then, as if I were a dullard the universe can’t trust to take a hint, the writer Jennifer Justice mentioned in her wonderful Substack newsletter that 2024 is the 50th anniversary of the publication of “Pilgrim at Tinker Creek,” a book that changed me when I was 18 as thoroughly as the eclipse changed Annie Dillard.

On the same day, if you can believe it, the novelist Barbara Kingsolver singled out “Tinker Creek” in an Earth Day recollection for The Washington Post : “Her writing helped me see nature not as a collection of things to know or possess, but a world of conjoined lives, holy and complete, with or without me.”

Clearly it was time to read “Pilgrim at Tinker Creek” again. I first read it in 1980, gobbling up the full book after a section of it appeared in my composition textbook. I’ve been afraid to reread it ever since. When you emerge from a book entirely changed, there’s almost no chance the same transfiguration will happen again.

To reread a beloved book after a long time away is always a great risk. If it falls flat on second reading, a feeling of grief descends, as though you’d lost a beloved human and not simply a specific arrangement of words that once mattered to you for some reason you may no longer remember. To lose a book in this way feels of a kind with losing a friend.

But for a book that is more than merely a favorite, a book that has had a hand in creating you, the risk of loss is even greater. A book that is saying exactly what you desperately need to hear at a time when nothing else in your own plodding life is saying it, a book in which somehow, miraculously, every word is arranged as though to pierce your deepest heart and lodge itself there, living and whole — if you were to lose that book, you would feel that you had lost some necessary part of yourself. Or perhaps you would still have it, but it would become a phantom limb, no longer serving you except as a source of pain.

For most of my life I was an indefatigable rereader. During my decade as a high school teacher, I reread so many poems and so many lines from Shakespeare’s plays that I committed many of them to memory. I spent my summers rereading the novels I had assigned my future students to read before they arrived.

And one of the sweetest parts of parenthood was sharing treasured childhood books with my sons. Reading to them, I remembered the little girl I was, sometimes welling over with feelings too big to express, who would close the door to her room and read the ending of “Charlotte’s Web” again. The tears and the words rushed together to create a comfort I understand now in a way I could not when I was 8. Grief eases just a little when the words match the feelings, and tears are a kind of relief in any case. It is a gift when body, soul and language are of a piece for once.

Part of the pleasure of rereading a dear old book is the chance to remember who I was when I first read it and to take my own measure by standing inside its light once more. But my time for reading is rarely a matter of my own straightforward choice anymore. I read because I need to learn, or because I am eager to support the work of other writers, and I am a slow, slow reader. As the years march on, it feels almost wasteful to reread a favorite when there are so many books that I have not yet read at all. The teetering piles torment me.

The poet Camille T. Dungy reread “Tinker Creek” in 2020, as she was beginning to write “ Soil: The Story of a Black Mother’s Garden ,” a book so beautiful and moving that it is arguably Ms. Dungy’s own “Tinker Creek.” Rereading the classic text brought home to her again the sublimity of Ms. Dillard’s language, but it also raised some questions for her about the writer’s separation from the human world, her utter disengagement from the urgent issues of her day.

“Have you read it recently?” Ms. Dungy asks a colleague who declares her own love for “Pilgrim at Tinker Creek.” “You might want to.” The world has turned since 1974.

The second time around, “Tinker Creek” raised some of the same issues for me. Reading it as a 62-year-old, it turns out, is entirely different from reading it as a language-besotted college student just learning that writing like Annie Dillard’s could exist in living time, as indelible as any line by Shakespeare or Keats or Dickinson.

The features of the book that make me cast a sideways glance today — the specific circumstances of privilege, or just the good luck, that make it possible for a young woman to feel confident wandering alone in even a suburb-skirting woodland, for instance — ought to have made me cast a sideways glance in 1980, too, though they did not. I was also a young woman who knew so little of the human world that I still felt safe walking alone in the wild one.

By 1992, Ms. Dillard was dismissing her own early work as “ little, little, little books ,” but they are still magnificent to me. Rereading “Pilgrim at Tinker Creek” this spring, it was a relief to react to it in much the same way I reacted as a teenager. Reading it again, I am once more intoxicated with language, once more swept away by the violent, intertwined, unaccountable beauty of nature, deeply in love with the whole profligate living world. Reading it again, I am the girl I was then and the woman I am now. Both at once.

Margaret Renkl , a contributing Opinion writer, is the author of the books “ The Comfort of Crows: A Backyard Year, ” “ Graceland, at Last ” and “ Late Migrations .”

The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips . And here’s our email: [email protected] .

Follow the New York Times Opinion section on Facebook , Instagram , TikTok , WhatsApp , X and Threads .

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Essay on “If I Were A Millionaire” Complete Essay for Class 10, Class 12 and Graduation and other classes.

If I Were A Millionaire

6 Best Essays on ” If I Were a Millionaire”

Essay No. 01

We have often heard old people advise the young ones not to indulge in wasteful talk about the past and future by quoting the following lines from H.W. Longfellow:

“Trust no future, however pleasant, Let the dead past bury its dead. Act, act in the living present, Heart within and God overhead.

But there will hardly be a man or woman who has never indulged in daydreaming. It may be sheer wastage of time but this at least shows some of the ambition of a man.

If I were to become a millionaire, I shall use the money in my own way. Do you think that I shall have a luxurious air-conditioned bungalow to take repose in, a big limousine to take me from one place to another, several servants to attend to me and be at my back and call every moment? My answer to all this would be an emphatic “No.”

India is a poor country. There are many people in India who can’t get two square meals a day, not to mention the comforts and luxuries of life. They don’t have even a very small room where they can find a response. They don’t have clothes to perfect themselves from the chilly winter. Though the Government has opened a few night shelters, they are insufficient; therefore, I will open more night shelters.

I find that many people still die for want of proper medical aid. I would therefore open a dispensary for the poor. This will save them from the jaws of death.

Many people particularly villagers have no means of recreation. I will open socio-cultural centers at such places for their recreation. I will open orphanages and widow houses for the orphans and windows. They will live and work there in an honorable manner. Through the Government has tried its best to open secondary and primary schools in almost every village of the country, little progress seems to have been made in the direction of adult education. It is a Herculean task. I will close three or four villages for this purpose. I would provide the necessary establishment there and intensity the adult literacy program.

There are still certain villages where the villagers have not yet been able to free themselves from the clutches of the village moneylender who always charges an exorbitant rate of interest on the money, he lends to them. So I shall start a co-operative society to feed a few villages which are situated near to each other. The Society will lend money to the poor farmers. Besides money, it will supply them with good manure and fertilizer.

This is how I will make use of my money if I become a millionaire. There will be people who will jeer and mock me for my foolishness of spending my money in this manner but they perhaps do not realize that the inner happiness and man get out of helping the poor and needy is something which is far more valuable than the sensual pleasures that a man can purchase from the money he has.

Essay No. 02

If I were a Millionaire

The modem age is a materialistic age. Virtually; there is a rule of money all over the world. In reality, almost everybody is after money whatever he may profess to be or profess to do.

It need not be stressed that now everybody wants to become a millionaire. Normally, it is very difficult for a poor man to become a millionaire. But there are certain channels and means such as a jackpot lottery, G.K. Competitions, literary and other prizes, etc. which can make even a pauper realize his dream of becoming a millionaire if he is lucky.

In the normal course, I cannot think of becoming a millionaire. It can happen only if I get some lucky stroke. But I have the power of imagination and I can become a millionaire at least in my imagination.

If I were a millionaire, I’d use my wealth most judiciously and that for positive purposes for me and my family and for others. I’d help the poorest children to get an education. I’d pay for their books, fees, healthcare, and even food and clothing, if necessary.

I’d open dispensaries and schools in rural areas. I’d start a chain of factories to increase industrialism and provide employment to thousands of unemployed meritorious young men and women.

I’d provide a park for children in my own locality. I’d help all my poor relations and acquaintances. I’d help the Municipal Committee of my town to arrange sewerage in the whole town.

I’d donate liberally for all kinds of victims such as floods, famine, cyclones, earthquakes, communal riots, terrorism, etc. And even more than that, I’d not hesitate in doing social service with my own hands irrespective of the amount of wealth and luxuries I may have.

Essay No. 03

If I Were a Millionaire

Millions and millions of people in India live from hand to mouth. They are below the poverty line and somehow keep their bodies and souls together. A few of the Indians are millionaires and multi-millionaires. They can be counted on your fingers. But I wonder how did they get so much wealth, and how do they manage all their fabulous wealth. No doubt money begets money, but it is not easy to earn wealth. It is still more difficult to use money properly. Many people get spoiled because of their wealth. They acquire bad habits like gambling, drinking, womanizing, etc. There are family feuds, fights, and quarrels because of the wealth. Money is power but power is said to corrupt people, if not properly managed and handled.

The idea of becoming one of the millionaires of the country is very exciting. But how can I get so much money is a big question. Perhaps by winning a couple of bumper lottery prizes. That is the only way of my becoming a millionaire overnight. What a daydreaming indeed! But what should I do with millions of rupees won through lotteries? The question makes me think over the matter for some time. I would like to consult my parents, friends, and well-wishers in the matter. But would it not be, like, counting one’s chickens before the eggs are hatched. They would think that I had gone mad. Therefore, I would confine the matter to myself and plan to utilize the money as best as I can.

If I were to possess millions of rupees overnight, first of all, I would purchase a good one-storied house with sufficient open space, lawns, and a garden for my parents. I belong to a lower-middle-class family. My father is a government servant and on the verge of retirement. All his life he has been struggling hard to give me and my elder brother and younger sister the best possible education and care. My mother is a simple, god-fearing housewife. Her love has been a great inspiration and treasure for all of us. Therefore, I would like that my parents live happily in comfort and ease, in a good house, for the rest of their life. I would employ a full-time maidservant to help my mother with her work. Then, I shall see that my sister and elder brother are provided well with their requirements. My brother is in English honors (B.A.), and very fond of books. I shall purchase a number of books of his choice and make a nice study and library for him. My sister is still young and she is fond of dolls and toys. I shall purchase these for her.

I would like to go on a Bharat Darshan with my parents. India is such a vast country full of great historical monuments, fascinating sea-shores, hill stations, centers of tourist interest, and places of pilgrimages. I shall tour the entire country and have first-hand experience of the land, the people, and the places. My parents are very devout and pious. I shall take them to centers of famous pilgrimages for their pleasure and satisfaction. Next, I would like to give a number of scholarships to the needy and meritorious students at the school level. I know many students in my school who are very intelligent, industrious and brilliant in their studies, but very poor. They cannot afford to buy even textbooks, let alone help and reference books. I have seen them shivering in winter for want of woolens. I would supply them with these necessities. A portion of my lottery prize I would put in a fixed deposit in a bank and with its interest, the boys and girls would be given stipends and scholarships.

I would not like it that my money gets less and less with the passage of time. I would see that it increases day by day and then it is used for good purposes. Keeping this in view I intend to establish a factory producing some such articles which can easily be exported to foreign countries. Thus, the factory would employ a number of skilled and semi-skilled workers and earn valuable foreign exchange for the country. I would also see that the workers of my factory are looked after well. They shall have proper housing, medical, entertainment, and educational facilities for themselves and their children. Further, they would be allowed to share the profits of the company by participating in its share capital and management. Thus, there would be no labor problem. With the profits of the factory, I shall open a number of free dispensaries, libraries, and schools for the public. I shall also try to fulfill the moral and religious needs of the society by building temples, water-huts for the summer season, and a big Dharamshala or a rest house. This will please my parents in no small measure. They are so religious, compassionate, and kind by nature. Thus, if I come to possess millions of rupees by winning a couple of lottery prizes, my main object will be to utilize the money in the above manner for the good of the people and my parents and family. In my opinion, these are some of the best constructive ways and means to utilize the unexpected great fortune I may come to possess. May God grant me this huge fortune and bless my above plans.

Essay No. 04

Money is the most sought-after commodity of today. A poor man is of no importance to society. His pains and difficulties are ignored by everyone around him. On the other hand, a rich man is treated with consideration and courtesy. He is respected and his whims are obeyed instantaneously. The world is at his beck and call. The law thinks twice before punishing him. There is an opinion that a rich man can commit no crime.

It is therefore not surprising that to become rich is the sole aim of people today. I also dream of becoming rich and influential. I also want to feel the pleasure of being served by those very people who once looked down upon me. I want to experience the power of money.

If I were to become a millionaire, I would first of all think of ways and means to spend the money in such a manner so as to generate more money. I would invest it in real estate because the prices of the property are increasing every day. Next, I would spend some money on buying the latest designer clothes. I would buy the latest model car in the market. I would buy a bigger house. I would refurbish my house and make it very luxurious. I will hire the best help and make them do my bidding. I would walk into the up-market stores and behave very snobbishly with the people there.

I would then travel abroad, especially to the USA and England. With my money, I am sure that the embassy staff will not dare to refuse to issue me a visa. Once abroad I will look down upon all those white men who generally look down upon us Indians.

After I have enjoyed all the comforts the money can buy to my heart’s content, I will build a charitable hospital with an ultra-luxurious ward for the rich. I will charge an exorbitant amount from them and spend the profit on the charitable wards of the hospital

I will thus try to pay back all those people who treat middle-class and poor people with contempt in their own coin.

Essay No. 05

Million rupees is quite a big sum, even when the rupee is so much devalued. Oh! How wonderful it would be if I were ever to get a million rupees and what, yes, what would I do with it. Just let me think and make out my plans for, one never knows when Lady Luck comes and knocks at my door and I am found napping. So let me put on my thinking cap and start, yes start.

If I were a millionaire, would life have to change for me? Would I spend it all on myself and my family? But, how would I do that, I already have all that I want for a comfortable and happy living, how and what would I add? Could then I will be in a position to help others in need, with that money, as, with a million to spare, I could render a lot of help to several people in need.

Yes, yes, that is the moot point would I spare it or take it as if it was my earning and cling to it as, we all cling to hard-earned money for it was to be in reality my earning, the earning of my luck, if not my hard work. However, in better moments I’d think I manage to fulfill all my needs with the normal income what can I do with an extra amount of money, and that also so much of it. Oh! I’m confused and I cannot visualize what would be right for me to do in the very circumstance.

Come on, come out of the labyrinth of confusing thoughts, it is really difficult to plan expenditure of an unexpectedly huge amount of money that’s true but, I remember I have some specific plans which have been eating dust due to lack of money reserves, now is the time to fructify those very plans. I have some plans which would only be possible if God would bless me with a gift of such money that I could conveniently spare. Such money, I would love to use more for the benefit of others than for the fulfillment of my desires

This is because I know that the desires of man are unlimited and unending. No matter how much we have, we can never feel satiated. But God is great and He has given me the satisfaction in as much as I have, and this money I would definitely like to spend for the benefit of others.

I would spend all this money as my contribution towards man’s basic needs. A storehouse of knowledge would be constructed in the shape of a public library, at the doors of which, poor people would get educated. This education may not be in the form of a formal kind but this education would help in making the poor, moral and self-reliant. This library would have books that, besides knowledge, would also give the readers insight into their behaviors. I would also start for the poor only some vocational centres where they would be taught skills by virtue of which, they would, at a later stage be able to earn a livelihood.

The plight of the poor sick in our country is absolutely heart-rending. I would like to ensure the treatment of the urban poor in good, well-established hospitals. This would be financed by me for at least a few patients.

In today’s fast-moving and uncaring society, I feel that the old people have a very sad and dejected life. Old age homes for the poor old would also find a place of priority in my list of services I would like to render. The plight of the old makes my heart cry and I wish I can do something for them. If I ever get a big amount of money to spare, establishing old age homes would find a place in my list of services.

So, if I were to become a millionaire these items would remain in the top priority of expenditure. Why I chose these areas of service – the cause is not far to see these are the areas that have remained untouched by anyone safe and they are the greatest sufferers in today.

As far as I am concerned, I feel, I may take a short holiday with my family, and that is all I’ll spend on myself, as, the rest of it all, I’ve got it all. I would love to be, of some little use to someone else, some of my less lucky brethren. So, if I ever become a millionaire, I would spend all the money on my comrades for, I genuinely believe they have a share in all that God gives me.

Essay No. 06

If I Became A millionaire

It has been said that “If wishes were horses, even beggars would ride”. However, it is wonderful to have wishes. Even though our wishes may not come true there is no harm in dreaming. I often dream that I have become a crorepati. I am not a “poor” man but I would like to have so much money that I could do something for those who are less fortunate than me. I do not see any harm in having every luxury for myself if in turn, I can do something worthwhile for the poor.

It has been my dream to see each child well-nourished. When I see children on the streets with no food, I feel a great sense of pain. Although their parents try their best, they cannot provide their children with food, clothing, and shelter. Then they turn to beg. They live in pathetic conditions. They do not get an education and continue to live in the darkness of ignorance.

If I were an arabpati I would do my best to provide permanent shelter, food, and clothing for the poor. I would open schools for them where the children could learn all that I have learned in my school. I would help them to be so independent that they can find fruitful employment for themselves in the future.

Besides this, I would build hospitals so as to provide them with good medical facilities. India has progressed a lot and we do have some good medical facilities but the poor people cannot afford these. If a poor child is sick, there is every possibility that he may die due to the lack of medicines and doctors. I would like to build a hospital with modern facilities where people will get medical assistance free of cost. I would donate money to social service organisations like destitute homes, orphanages, homes for the aged, and reformatories. When one becomes extremely rich, one tends to forget the plight of those who are less fortunate. My motto would be, “live and let live”.

In fact, I would do all that I could for my parents too so that they may not have to break their backs working for us. I would make them so comfortable that even in their old age they would feel great to be alive. I would like to enjoy the fruits of money but I would always remain sensitive and sympathetic to the agony of those who are less fortunate. In fact, I would use my riches to serve humanity and make this world a better place to live in.

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605 Words Essay on if I were a Billionaire
605 Words Essay on if I were a Billionaire. Money makes the mare go, is an old adage of permanent value and significance. In these days of money and money making having become the sole desire of mankind, I would also like to earn and hoard a lot of money, and one day, become a billionaire.
If You Had an Extra Billion Dollars, What Cause Would You Support With
For most of us, it's hard to imagine being a billionaire. But let's say you built yourself your dream home, took that ideal vacation and bought a fancy car — or five — and yet you still ...
If I Were a Billionaire
Essays If I Were a Billionaire. Category : Essays . It is true that we should avoid living in a make-believe world. Day-dreaming often leads a dreamer to disappointment, frustration and discontentment. It is neither practical; nor a possibility in real life. But it has often been witnessed that miracles do, at times, occur in a man's life. ...
If I Were A Millionaire Essay for Students
500 Words If I Were A Millionaire Essay. Money is a crucial necessary element without which survival is unfeasible. One cannot compare money with love and care because both are equally essential for our life to sustain happily. Each part has its significance and plays a different role. Every person on earth wishes to become a millionaire and ...
If I Were a Billionaire
If I were a billionaire, here is what I would do. First off, I would use some of my billions to open up a solar panel manufacturing plant right here in the United States. One condition however. No ...
Essay on If I Were A Millionaire
1. If I were a millionaire, I would first invest a portion of my money in stocks and real estate to ensure long-term financial stability. 2. I would also donate a significant amount to various charities and organizations that support causes I am passionate about, such as education and environmental conservation.
Living Like a Billionaire, if Only for a Day
Really, sublimely rich. Correction: April 6, 2012. An article on Thursday about a reporter's spending a day living a billionaire's life, misspelled, at two points, the surname of his one-day personal trainer. As the article correctly noted elsewhere, he is John Sitaras, not Sitaris. Write A Comment.
If I were a billionaire
He has opened hotels, restaurants and plonked a gigantic sculpture of a bloodshot eyeball city-centre. If I were a silly billionaire — a silly billy — I'd consider renovating my own front ...
If I were A Rich Man Essay for Children (545 Words)
There would be a constant donation for orphanage and homes for the aged. Essay on If I were A Rich Man. When I give it a thought as how I will spend my wealth, I think first it would be my parents who I will love to spend for. I will provide then with every feasible comforts in this world.
Essay, Paragraph or Speech on "If I Were a Billionaire" Complete
If I Were a Billionaire . Poverty is the greatest curse. It is always true that 'money makes the mare go'. My poverty torments me and that is why I always dream of money. I want to be transported into a world of fantasy. I want to roll in fabulous wealth. I start day-dreaming about what I would do if I become rich.
What Will You Do If You Suddenly Become Rich?
Create appropriate estate planning structures. Work with your estate-planning attorney to determine and create appropriate structures for yourself and your family to help hold, manage, protect and transfer your new wealth. These can include wills, trusts, limited partnerships or LLCs, and other planning vehicles.
Essay on If I Were A Millionaire for Students & Children in English
If I were a Millionaire Essay: It's certainly a dream and ambition for many of us to become millionaires and earn millions of rupees in our lives. More than earning the huge potluck, spending them judiciously by reaping maximum benefits saves the day. Most of us would aim at improving our living conditions, adding a touch of modernity to everyday lives, contributing to charity, generously ...
What Would You Do If You Were A Billionaire?
Billionaire by McCoy feat. Bruno Mars employs the use of the appeals of rhetoric, ethos, logos, and pathos. The use of the rhetorical appeal of ethos which is an appeal to the credibility of what the piece of art is trying to communicate. The song's main message to the audience poses a question of what would happen if one is made a ...
Opinion
Long Before the Woke, There Were the Wide Awake. June 7, 2024, 5:06 a.m. ET. A Wide Awakes rally in October 1860 filled much of Lower Manhattan with marchers and spectators, and left the city ...
Billionaire Plans Dive to the Titanic in a Newly Designed Submersible
A real estate billionaire in Ohio is planning an underwater voyage to the site of the Titanic shipwreck, where a submersible imploded on its approach to the sea floor a year ago, killing all five ...
2 Hypergrowth Stocks Billionaires Are Buying Hand Over Fist, and 1 They
The latest round of 13Fs, which detail trading activity from the March-ended quarter, show that billionaire money managers were active buyers and sellers of some of Wall Street's fastest-growing ...
If I were a billionaire…
If I were a billionaire, I wouldn't believe what I'm about to write. Firstly, because my training, and especially my experience of getting richer in a growth based economy would have taught me that these 'perfect storms' when resource/financial bottlenecks supposedly loomed, historically worked out to be opportunities that spiked my digital wealth and incremental social power. Secondly ...
What would you do if you became a millionaire?
1. Share the wealth. I've always believed that happiness comes from helping others. If I were a millionaire, instead of shopping for more stuff I probably don't need, I would continue to live my ...
Quebec billionaire Robert Miller arrested, charged with sex offences
Reclusive Quebec billionaire Robert G. Miller, who allegedly paid several young girls in exchange for sexual favours, was arrested Thursday afternoon and faces 21 charges, including sexual assault ...
Media Companies Are Making a Huge Mistake With AI
News Corp's new five-year deal with OpenAI is reportedly valued at as much as $250 million in cash and OpenAI credits. Conversations are heating up. As its negotiations with OpenAI failed, The ...
If I Were Billionaires Essay
If I Were Billionaires Essay. People always imagine there lives in a positive ways and how great they would be if they were billionaires, but not everything is about money. In this world a lot of people suffer. Some suffer more than others. if we ask different people what will be there worst live they would answer differently because everyone ...
In the pandemic, we were told to keep 6 feet apart. There's no science
Many schools were unable to accommodate six feet of space between students' desks and forced to rely on virtual education for more than a year, said Joseph Allen, a Harvard University expert in ...
If you were a billionaire, what would you do ?
This is an essay about If you were a billionaire, what would you do ? & explanation.
Japanese billionaire pulls plug on private 'dearMoon' lunar Starship
The Japanese billionaire who commissioned SpaceX for a private mission around the moon on a Starship rocket has abruptly canceled the project, citing ongoing uncertainties around when the launch ...
If i were a billionaire
Wealth attracts and makes one honorable. If I were a billionaire, I would be in the company of rich friends and would be honorable. But being a millionaire is only a part of my desire. I know I get education under very difficult circumstances. So I shall open schools and colleges for the education of all.
Morena's landslide win threatens to take Mexico down a dangerous path
Morena and its coalition allies are less disciplined and monolithic than the PRI was, but they still pose a grave threat to Mexico. Much now turns on the political courage of the country's next ...
I Reread a Book That Changed My Life, but I'd Changed, Too
By Margaret Renkl. Ms. Renkl is a contributing Opinion writer who covers flora, fauna, politics and culture in the American South. On the day of the eclipse back in April, walking through Boston ...
Essay on "If I Were A Millionaire" Complete Essay ...
If I Were A Millionaire. 6 Best Essays on " If I Were a Millionaire" Essay No. 01. We have often heard old people advise the young ones not to indulge in wasteful talk about the past and future by quoting the following lines from H.W. Longfellow: "Trust no future, however pleasant, Let the dead past bury its dead. Act, act in the living ...
IF I WERE A MILLIONAIRE Essay in English
IF I WERE A MILLIONAIRE Essay in EnglishAbout this videoIn this video you will learn how to write an essay on IF I WERE A MILLIONAIRE in English.Pen - https:...
IF I WERE A MILLIONAIRE(Paragraph / Composition / Essay )
Paragraph WritingComposition / Essay WritingIF I WERE A MILLIONAIREWho does not want to be rich overnight? And the best way to achieve that is to win a lottery. With this idea in mind, I purchase lottery tickets regularly. I have always been optimistic and I am waiting for the day when fortune will actually smile on me.I purchase lottery ticket for taka ten lac every month. Ten lac is really a ...

605 Words Essay on if I were a Billionaire

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