Greedy **** Turns Down $974M Divorce Settlement

as Chris Rock put it:

There's a huge difference between being rich and being wealthy -
Being rich, you could lose everything tomorrow, or within a generation or two. But wealth, God damn, you can't get rid of wealth!

Not sure why there is so much angst about this subject. This quote pretty much sums it up.

Made me laugh, so true. Ignoring the rest of the saevelness.

It sounds like you either didn't know your spouse for very long before marrying, or never lived together.
Also, budgeting.
Also, priorities.

It's a thing because people see someone getting a check for a billion dollars which is more than most anyone will ever see in their life and watch em turn it down for more.

Whether it's fair or not idk and idc but you'll see that reaction from people regardless lol.

I mean for those of you arguing that the wife could live off that no problem you could also make the argument that the husband could live off whatever he has left if he gave her another couple billion because he'd still have more money than her lol.

let em duke it out in the courts and you can read about all the nasty ***they will bring up about eachother.

They've been reporting on a another billionaire divorce for awhile here and its the same ol' nonsense just more 0's.

World's best subject almost nobody pays attention to.

Which is why we are in the mess we are in all the time.....

I don't get the business/first class part. Why not just go economy?

As for the rest, while I realize it's an option, I don't think I'd marry a woman that needs all of that to fill her life. Also 3 kids is more than I'd like. I like calm, all that you're describing seems to go against that, it's a bit scary for me.

Eh, personal budgeting and risk management are different than corporate, which is different than governmental.
Each of those also serves different societal roles.

I'm talking about personal budgeting only.

Governmental budgeting is hopeless as of right now. Maybe in 2017 we can start looking towards that again, depends though.

Corporate budgeting is fine as it is. If you don't make budgets often, you go out of business, end of story and that's how it should be. (inb4 "too big to fail" excuse)

Personal budgeting, or lack thereof, was a major factor in the economic/housing crisis of 2008/2009. I don't care what anyone else will say about it, nobody forced individuals in signing a contract.

Personal budgeting can mean the difference between living a rich life, and living a poor one. End of story. Anyone who denies that better have a very good reason to argue against that statement.

I disagree, because Truth and Justice!
I blame everyone but me for my failures! DAMN GOVERNMENT IS WHY I SPEND MONEY ON ***I DON'T NEED OR WANT!

Damn [+] button broke cause I pressed it too many times....

I had a talk about it with someone a few months back, and I still don't get it.
There has been a trend, something deeply ingrained in people's head, that they have to have loans left and right. Things they won't reimburse for years, if not decades, and they aren't even for a house, they're for things that are completely not worth it, such as TVs and cars.

I personally am the kind to spend my money without paying attention ever since I stopped completing a month with 0,02£ on my bank account. I never came low again, ever, as I only buy what I need and I only make crazy purchases rarely, maybe twice a year at best.

So, this person was trying to explain to me that spending money that you don't have is something that most people think they should do. He explained that the way people live, they need a new car every X years, and they borrow money they don't have for them every time. Whether it's to be that cool person or because they feel the need to have money, somehow, most people will borrow money they don't have on a regular basis. They will go negative, they will stay negative, it will never change, their whole life.

And here I am, only spending the money that is on my bank account, making sure to do everything in my life based on that. I always thought that I had to save what a house is worth in one go even, I wasn't aware of how house mortgages work, so I was wondering how people get houses so fast. Now, I know, but a house mortgage is fine. A "that new car" loan isn't, in my opinion. I'm fine having that 2000€ car that is in good shape and somewhat looks cool, I don't need the latest Citroën, Peugeot or Renault.

That's why I'm never really dreaming of being rich nor am I complaining of what I have. I just don't get why people force themselves in a hole just to have an arguably better appearance in society.

got to make the neighbors look bad, hey.

Better ways to *** with your neighbors lol my personal favorite being tilting my solar panels so that 2pm is like having a lazer cannon at his house lol

That is a major contributing factor (at least in the US).

Having the latest/greatest toy/gadget is another major contributing factor.

So how is the lawn fridge faring these days?

Unless she helped him earn it than 1B is more than fair. But theyre both greedy. She wants more than 1B and hes worth 16B, who's the greedy one?

That was one of the claims that was made, that she contributed to the generation of wealth.

Being industrious and ambitious enough to work hard/smart enough to be worth 16billion, and doing virtually *** all and deciding a court ordered payment of roughly 1 billion dollars in net value award isn't enough, are not the same thing.

Well, yes and no. It takes at least two parties for a contract.

Interest only no income no job/assets loans are pretty damn risky; the only time you would be issuing is if the underlying asset which will be confiscated under default could be liquidated for around the value of the loan (ideally more).

And, for better or worse, at least one of those parties should have known better than to be offering the loans in the first place. Since it is kind of their job to know better.

lmao, it's easier for some of us then others.... gotta love when the bar is set so low you accidentally exceed it.

Lawn fridge thing whooshed me

If she helped generate the mass of his wealth than she should be entitled to more than 1B. If i helped you raise 16 dollars when we started from 25 cents and you offer me 1 dollar, id be pissed. Its the same idea with bigger figures.

Oh, this made me laugh.

Except there's no actual record or proof of her contribution to the amassing of his wealth.

And the amount ordered to pay via court had to be borrowed.

Being worth a certain amount of money, and having it are also two entirely different things.

Easiest thing with electronics: Look at something, then procrastinate for 3-6 months, see if you noticed not having it.
Rinse, repeat with the new hotness.

For better or worse, this has been pretty effective at preventing acquiring most electronic toys/etc.

Now, by all means, if you've budgeted yourself a treat or hobby, then go for it.

Maybe you missed this post?
There are many reasons why a couple wouldn't put assets in both names, even though both worked to acquire those assets.