I really don't see where you're coming from on this one. Do you also hate the people who built the Eiffel tower in France, the Empire state building in NY, Mt. Rushmore, or how about Michelangelo's "David".
this is a "7 star" Hotel which is clearly an investment, and not a "waste". If he keeps making money from his investments he can keep giving it out to charities.
Come on, Mikey, if you're going to talk sculptures, at least talk about the best. Bernini's David blows away Michelangelo's. His sculptures are on a completely different level.
And really, is it THAT unreasonable to say that the $650,000,000 it took to build the Burj-Al-Arab could have been better spent? I don't think so. Don't get me wrong, I want to see places like Mt. Rushmore before I die, but was it the best was for the money to be spent? I don't know. I feel like the answer is no, but it is a subjective matter and I certainly don't think redaxe's opinion is unreasonable.
As for what I would do for BJJ (or Judo) with a million dollars... not a god damn thing. I have loved one's who need to be taken care of.
I would start a new USA based event similar to ADCC with significant cash prizes/pay, and lots of superfights. maybe even have it superfight based with occasional tournaments similar to MMA.
million dollar campaign to get bjj in the olympics?
fuck all that noise yall are saying
i'd put it in a savings account.
how much interest do you earn on One Million Dollars (assuming a 4% interest rate, compounded monthly)?
One Day
Where the fuck do you live that you can open a savings account at 4%?
as before, not every country took it in the ass from the GFC, Australia is one such country where you could get that return or better.
I'm partial to Auguste Rodin.
I'm no accountant and I don't want to bug my wife, how would this work.
In australia you can get a 4% return, but AUS currency is currently what? 10% below USD?
edit - 13%?
What's the cost of goods/living there? etc.
May not turn out for the best
Yeah there must be a catch or else a lot of people would just go invest their money in Australia. For starters their inflation rate is higher at 2.88% vs. the US at 2.02%
I would spend it all on a massive marketing campaign to rebrand it "Luta Livre".
Re-read the thread title, Its not what would you do w/ a million dollars, its what would you do for bjj w/ a million dollars.