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Minecraft Creator Notch's $70 Million Mansion Recreated In Minecraft

theodp writes In case you've fallen behind on your TMZ reading, Minecraft creator Markus "Notch" Persson used his Microsoft money to outbid Beyonce and Jay Z for the most expensive mansion in Beverly Hills. Now, the Minecraft mogul's new $70 million mega-mansion has been recreated inside the game that made him rich.

170 comments

  1. just wait... by alphatel · · Score: 2

    Bart: I'm rapidly becoming a big underground success in this town.
    Jim: See? In another twenty-five years, you'll be able to shake their hands in broad daylight.

    --
    When the foot seeks the place of the head, the line is crossed. Know your place. Keep your place. Be a shoe.
  2. Waste by nmb3000 · · Score: 1, Insightful

    23,000 square feet, with 15 bathrooms and eight bedrooms

    It's his money to spend and I wouldn't stand in his way, but what a waste. Makes you wonder what kind of good could have been done or how many lives could have been saved with that $70 million.

    --
    "What do you despise? By this are you truly known." --Princess Irulan, Manual of Muad'Dib
    /)
    1. Re:Waste by PhrostyMcByte · · Score: 4, Insightful

      Makes you wonder what kind of good could have been done or how many lives could have been saved with that $70 million.

      It's not like he's throwing bills into a fire. That money goes back into the economy which is good for everybody, and its recipients are still free to spend it on whatever good deeds they want.

    2. Re:Waste by ledow · · Score: 0

      Quite how many bathrooms do you need in a house that can sleep - I assume - eight pairs of people?

      I'd have stopped at four at the most, surely. Even in the biggest of Christmas toilet-mishap contagion, you're not going to have a problem finding a free bathroom with four of them.

      Because of the area I work in, I know that you could start at least 35 schools with that kind of money and if you did it right, with a bit of research, they could be self-sustaining private schools offering bursaries to kids who would otherwise never get the education they deserved.

    3. Re:Waste by Sir_Eptishous · · Score: 0

      Homeless Shelter?

      --
      We play the game with the bravery of being out of range
    4. Re:Waste by Lobachevsky · · Score: 1

      That $70 million didn't disappear. He paid it to whoever had that mansion. If that person who received the $70 million spends it on saving lives, you get what you wanted. The only difference would be the mansion is now Notch's instead of the previous owner's. But, I wouldn't bet on the previous owner going out and giving that $70 million cash to charity. Most likely, it's going into a hedge fund with high-growth investments.

    5. Re:Waste by Anonymous Coward · · Score: 0

      Quite how many bathrooms do you need in a house that can sleep - I assume - eight pairs of people?

      I don't think you fully understand how much money Notch has, or what he aspires to do.
      With a pair of bisexual teenage girls in each bedroom you'll see that in the morning every bathroom will be occupied with one spare teenager furiously knocking on all the bathroom doors screaming at the others to hurry up.

    6. Re:Waste by ganjadude · · Score: 1

      gotta take care of that house, you dont think he will be doing those things himself do you? No, besides the taxes he will be paying on such an expensive home, the caretakers being employed etc.

      but again its his money, if he literally wanted to burn it all, thats his right

      --
      have you seen my sig? there are many others like it but none that are the same
    7. Re:Waste by mythosaz · · Score: 2

      The same argument got posted with Gates built his mega-mansion. People complained about it being a waste.

      Apparently skilled tradesmen who build houses don't need jobs. Building things is, arguably, one of the better things you could do with money.

    8. Re:Waste by BradMajors · · Score: 1

      I would not pay more than $50 million for it.

    9. Re:Waste by Ralph+Wiggam · · Score: 4, Interesting

      I wonder what kind of good could have been done, or how many lives could have been saved, with the thousands of dollars you've spent on a computer, a car, and a phone that you really don't need.

      Or does your outrage only apply to rich people?

    10. Re:Waste by Gliscameria · · Score: 1

      I'd be more worried about blowing a one time paycheck on something that required that much upkeep.

      --
      X
    11. Re:Waste by FlyHelicopters · · Score: 1, Insightful

      How much good? None... If he gave $70 million to charity, it would do no good. It really doesn't in the long run...

      So you feed a bunch of starving children? Great, now they just grow up and have more kids, who also need to be fed. It is a self-reproducing problem.

      Until people learn how to take care of themselves, giving them charity just makes the problem bigger, not smaller.

      This is why we still have homeless people. Oh sure, some of them are homeless via no fault of their own, but most aren't.

    12. Re:Waste by Anonymous Coward · · Score: 0

      23,000 square feet, with 15 bathrooms and eight bedrooms

      It's his money to spend and I wouldn't stand in his way, but what a waste. Makes you wonder what kind of good could have been done or how many lives could have been saved with that $70 million.

      Oh, you mean like the previous owners? Yes, such a shy conservative couple who clearly needed eight bathrooms...

    13. Re:Waste by HornWumpus · · Score: 1

      I've seen that one. They would be chewing each other in the bathtubs.

      Notch should be sure to get an odd number of bisexual teenage girlfriends.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    14. Re:Waste by HornWumpus · · Score: 0

      We're looking for _good_ ideas, not still dumber things to do with the money.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    15. Re:Waste by Anonymous Coward · · Score: 0

      That money goes back into the economy which is good for everybody

      No it doesn't. People with that much money store it at the bank and the money just lies there. It doesn't make the economy work it just inflates somebody else' bank account.

    16. Re:Waste by SydShamino · · Score: 1

      At a measly 1% rate of return, he'll make 25 million a year for life on the interest from that one-time paycheck. If he'd gotten $100M for Minecraft and just spent $70M of it on the mansion, I'd agree with you. But he got $2.5 billion. If he doesn't want to maintain the mansion, he can just give it away and buy another one every other year for the rest of his life and he'll be okay.*

      I'm ignoring taxes and stuff. I have a headache.

      --
      It doesn't hurt to be nice.
    17. Re:Waste by SydShamino · · Score: 1

      Your logic is... flawed. Well fed, educated children have fewer children than those that live in poverty. And the mentally ill account for a full third of the homeless. Add in those genuinely down on their luck and in need of a better safety net, and we'd be over half the homeless through no fault of their own.

      --
      It doesn't hurt to be nice.
    18. Re:Waste by mythosaz · · Score: 1

      Notch's 70M goes to the current owner of the house. That guy, or someone before him, spent 70M building or rebuilding that house, and that money went to contractors...it's contractors all the way down.

      It's vastly better than, say, buying art.

    19. Re:Waste by Anonymous Coward · · Score: 0

      If it sold for$ 70M *now* the contractors that built it *then* probably received a somewhat less than $70M, but receiving somewhat less than $70M is still generally much better than receiving all of $0.

    20. Re:Waste by FlyHelicopters · · Score: 1, Insightful

      No, my logic is perfect, your heart is speaking, not your brain... Your feelings don't override the facts, as much as you might not want to hear it.

      Whatever percentage it is, it doesn't matter. Even if it is only 10%, if you feed them, you just end up with more of them.

      Look at the billions and billions and billions that have been sunk into Africa... still for the most part, a crappy sinkhole of money and poverty that isn't getting better. It will get better when they pull themselves up and actually start improving their own lives.

      A crazy amount of money is given to charity every year, and yet the problem doesn't go away. It really is as foolish as the war on drugs is.

    21. Re:Waste by Culture20 · · Score: 1

      receiving somewhat less than $70M is still generally much better than receiving all of $0.

      That depends on how you define "somewhat less" as -70M is less than 70M

    22. Re:Waste by zippthorne · · Score: 2

      The money goes into the economy, but the resources and labor to build the thing do not. Still, it's his money to spend once people give it to him. If you think there was a waste, then you should be upset about Microsoft for spending as much as they did to buy a somewhat polished, but still fairly shallow indie game. Assuming they do nothing with it other than pass the cost on to you through higher costs for windows licenses.

      --
      Can you be Even More Awesome?!
    23. Re:Waste by knewter · · Score: 1

      Spending money on a mansion is literally the opposite of storing it at the bank.

      --
      -knewter
    24. Re:Waste by the_B0fh · · Score: 1

      Please don't try to make sense on the Internet. These people are just jealous.

    25. Re:Waste by the_B0fh · · Score: 2

      The African billions were spent on despots and corruption with very little trickle down effect.

    26. Re:Waste by Anonymous Coward · · Score: 0

      This meme again? The money goes into wealthy construction companies who are owned by wealthy banks and financial magnates, who in turn proceed to stash it into various assets according to their compulsion to amass wealth and drag down the entire society (themselves included) into a labor system which stifles innovation just as much as everyone's favorite red scarecrow does.

    27. Re: Waste by Anonymous Coward · · Score: 1

      Actually, you're neglecting to note the other billions spent in Africa to destabilize local governments, support compliant dictators and allow the extraction of billions more in resources.

    28. Re:Waste by the+grace+of+R'hllor · · Score: 1

      Three orders of magnitude less than the millions spent on this house.

    29. Re:Waste by Anonymous Coward · · Score: 0

      Three orders of magnitude less than the millions spent on this house.

      How does that punchline go? "We've already determined what you are; now we're just negotiating about the price."

    30. Re:Waste by Bing+Tsher+E · · Score: 1

      So in your world, I take it, good is measurable numerically.

      Hmmm.

    31. Re:Waste by Bing+Tsher+E · · Score: 2

      Right. And it's very difficult to have the money directed instead to the poor. I suppose you could send in an army to overthrow the despots and give money to the poor. Now you're in charge and responsible for running the whole place. Or you head home and leave a void, so that a new despot takes over.

    32. Re:Waste by FlyHelicopters · · Score: 2

      While I understand the thought behind your comment, the other option is to impale ourselves trying to save everyone, and in the process we'll doom everyone.

      It was a nice idea when there were 1 billion people, now there are 7. What do you plan to do when there are 14? 50?

    33. Re:Waste by Anonymous Coward · · Score: 0

      A computer, a car and a phone are three things that most people do actually need. So is a house, but skip the 14 spare bathrooms.

      I'm not jealous, and he can do with his money whatever the hell he wants. Is't just that excessive wealth is completely useless.

    34. Re:Waste by Bengie · · Score: 1

      But if the house was unable to be sold for $70mil in the future, there would be less chance of anyone building it in the first place. It's the people in the future that drive the demand for it being built in the first place.

    35. Re:Waste by Bengie · · Score: 2

      There's many chicken and egg issues going on in Africa. Send food, and the incoming food becomes like money and manages to help fund local war lords. This actually happens. Sending food causes people with guns to start to show up and find a way to exploit the situation.

      You also can't send money or send technology. All of those things cause issues with exploitation. One of the few ways that have actually worked is making real demand for work in those areas.

      Any artificial support creates exploitation, you need real demand for real work. This is hard to do in areas of under fed people with no education and no real government. Intel has started sourcing their rare minerals from some of these poor areas. They painstakingly make sure trace all of their mineral sources to make sure they're not "blood minerals". This makes it very hard to exploit. The gun men stay away because once they move it, the operation loses all value because Intel refuses to trade with them.

      Stuff like this has helped a lot. I'm sure there are other ways, but throwing money/food/etc at an issue actually makes it worse. Temporary help is one thing, but for sustaining issues, it does not help.

    36. Re: Waste by Anonymous Coward · · Score: 1

      Or a hedge fund that is shorting the shit out of productive assets to levels way below their book value right after they legally colluded with market makers to sell their long shares to bag holders like your 401k and public pensions and retailers.

    37. Re:Waste by donaldm · · Score: 1

      23,000 square feet, with 15 bathrooms and eight bedrooms

      It's his money to spend and I wouldn't stand in his way, but what a waste. Makes you wonder what kind of good could have been done or how many lives could have been saved with that $70 million.

      IMHO what a waste but after-all it is his money. I can understand one bathroom per bedroom (aka en-suite) and possibly one or two bathrooms for guest access although even that is excessive. Still saying that he could save lives with his money is stupid since that could be applied to people just above the poverty line or even wealthy nations.

      Ah the life-styles of the rich and famous. :)

      --
      There ain't no such thing as proprietary standards only proprietary formats. Standards are by definition open.
    38. Re: Waste by Anonymous Coward · · Score: 0

      I live about 1/50th of my means. I give more away than I spend on luxury by about a factor of 8. I give very little. Your turn. Also being a hypocrite doesn't invalidate the point. It is a hilariously ostentatious display of wealth, especially for such new wealth a warning sign of his future properity.

    39. Re: Waste by Anonymous Coward · · Score: 0

      Taxes 50%. It's actually a pretty ridiculous purchase. Very bizarre
      . I wander how elaborate weremail the renovations. Didn't he say something about wanting to move beyond minecraft? Doubly bizarre

    40. Re:Waste by allcoolnameswheretak · · Score: 1

      It's his money to spend and I wouldn't stand in his way, but what a waste. Makes you wonder what kind of good could have been done or how many lives could have been saved with that $70 million.

      Indeed. I'm sure you give all your excess money to charity rather than buy yourself a TV, DVDs, go to a restaurant or on vacation.

    41. Re:Waste by nmb3000 · · Score: 2

      Or does your outrage only apply to rich people?

      Oops, I think you tipped over your own straw man with that last remark.

      There's no outrage in my post, and I think it's very telling that the examples you chose: a computer (which I use to earn a living), a car (which I use to get to stores to buy necessities), and a phone (really? [and it isn't even a smartphone]) actually are necessities for myself as well as the vast majority of people today.

      Notch can literally eat his piles of cash for all I care. My point was simply that at some point you pass a level of wanton extravagance that you venture into a realm of wasteful absurdity. Our culture won't punish you for buying a $250,000 cell phone case, but that doesn't mean everyone agrees that it's a good idea.

      --
      "What do you despise? By this are you truly known." --Princess Irulan, Manual of Muad'Dib
      /)
    42. Re:Waste by nmb3000 · · Score: 2

      Look at the billions and billions and billions that have been sunk into Africa... still for the most part, a crappy sinkhole of money and poverty that isn't getting better. It will get better when they pull themselves up and actually start improving their own lives.

      Ah, the "pull yourself up by your bootstraps" myth. Who knows -- perhaps once the majority of Africans have overthrown brutal despots, eradicated malaria and other diseases, and found reliable clean water they'll be able to start working on that.

      A crazy amount of money is given to charity every year, and yet the problem doesn't go away.

      How much time, money, and effort did it take to build a prospering American country and society -- from a largely empty land brimming with natural resources? Oh, and, how much of that came from Europe? "Self-made", indeed.

      --
      "What do you despise? By this are you truly known." --Princess Irulan, Manual of Muad'Dib
      /)
    43. Re:Waste by nmb3000 · · Score: 1

      Indeed. I'm sure you give all your excess money to charity rather than buy yourself a TV, DVDs, go to a restaurant or on vacation.

      Interesting false equivalence. Ignoring the fact that I said nothing about how much money he should give to charity, do you really equate a $400 television and a few $12 DVDs to a $70,000,000 house?

      --
      "What do you despise? By this are you truly known." --Princess Irulan, Manual of Muad'Dib
      /)
    44. Re:Waste by nmb3000 · · Score: 1

      I somehow lost the last line of my reply.

      [...] that doesn't mean everyone agrees that it's a good idea, or that there's not something more practically beneficial to spend it on.

      --
      "What do you despise? By this are you truly known." --Princess Irulan, Manual of Muad'Dib
      /)
    45. Re:Waste by Maxo-Texas · · Score: 1

      From what I recall, notch splits the 2.5 billion with 2 other people and his share is about 70%. I can't find a citation right now (grr) but pretty sure I read it back in september.

      I was also happy to hear that he shared 3 million dollars with the 25 mojang employees. It is nice when a business owner that sales the business shares something with the employees who made the business a success.

      From what the articles have said, part of the reason he sold was he couldn't take the stress and fan anger directed at him (as the company figure head for things he didn't personally have a hand in) made him really unhappy.

      --
      She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    46. Re:Waste by mcrbids · · Score: 1

      My outrage only applies to people richer than me.

      --
      I have no problem with your religion until you decide it's reason to deprive others of the truth.
    47. Re:Waste by GoodNewsJimDotCom · · Score: 1

      I'm not faulting Notch. There's something about sending the message to kids that you can live large doing computer science stuff. But what you said are things that are tools to make more money. If you want to sacrifice your entire life to live for the poor because it is a noble thing to do, you don't simply give everything you have to live on to the poor. If you do that, you become a problem yourself and can no longer make money. What you do is live on only necessities to get by on and classify things as tools to make more money. One such investment is an education, you should always be getting one now the Internet affords it. The money and time you save in entertainment can help you get a better education.

    48. Re:Waste by khallow · · Score: 0

      Ah, the "pull yourself up by your bootstraps" myth. Who knows -- perhaps once the majority of Africans have overthrown brutal despots, eradicated malaria and other diseases, and found reliable clean water they'll be able to start working on that.

      Well, there we go. Another Slashdot solution. What's the next problem in the queue?

    49. Re:Waste by khallow · · Score: 1

      People with that much money store it at the bank and the money just lies there.

      Right. What's the interest rate of a bank account again? And even if they really do dump it in a bank, what does the bank do with that money again?

    50. Re:Waste by GoodNewsJimDotCom · · Score: 1

      The UN disagrees with what you say. There are reports that come out every year that says World Hunger is going away over time. Every bit we can donate helps it go away faster. And if you think about it: Look at first world countries, the more wealth a country has, generally the lower the birth rates are.

    51. Re:Waste by FlyHelicopters · · Score: 1

      I would also write such reports if I had their agenda, which is to transfer wealth from wealthy nations to poor nations.

      The world produces enough to feed everyone, yet nearly a billion people go hungry... just moving the food around won't solve it, but clearly you and many other people don't want to hear that.

      That's ok...

    52. Re:Waste by Anonymous Coward · · Score: 0

      If you think it cost anywhere close to $70 million to build that mansion, I've got a bridge to sell you. And a bridge could cost $70 million to build and be used by millions of people.

    53. Re:Waste by Anonymous Coward · · Score: 0

      Given that the question was literally, "how much good could you do with $x?", is it not appropriate to point out that 1000*$x would presumably do on the order of 1000x the good? I mean, the only other response is to be absurd and argue that money can't be used to do good or that 1000x the money couldn't do anything close to 1000x the good because purchase power doesn't scale (in fact, it's possible that buying in bulk that a lot more good could be done).

      Really, the point of the question was meant to shame a middle class individual for pointing out the wasteful spending of a rich person because apparently it's blatantly obvious that such wasteful spending is shameful. And then now for you or anyone else to pretend as if the numerical quality of being rich is irrelevant?

      Yea, fuck you.

      PS - As the original poster stated, "it's his money to spend". He can do as he chooses. But, yes, plenty of people will think less of him because of his wasteful spending. And to compare it to the wasteful spending of most middle class individuals is pretty fucking absurd. It doesn't mean middle class individuals are absolved of shame for failing to be charitable. But the middle class (and the poor) don't have the means to be that sort of wasteful, so there's less room to criticize. Now, if you want to talk about the people who are greed obsessed regardless of the charity they give or the money they have or the wastefulness they demonstrate, I'm all for shaming them as well. There's plenty of shame to go around.

    54. Re:Waste by Anonymous Coward · · Score: 1

      The world produces enough to feed everyone, yet nearly a billion people go hungry... just moving the food around won't solve it, but clearly you and many other people don't want to hear that.

      Okay, um, what WILL solve it?

      If available food minimum food needed, "moving the food around" obviously WILL solve the inequality. What exactly are you suggesting here?

    55. Re:Waste by Anonymous Coward · · Score: 0

      There's supposed to be a '>' after 'available food' there. Fucking Slashcode, get into the 21st century PLEASE!

    56. Re:Waste by RavenLrD20k · · Score: 1

      So you're saying the contractors paid for the privilege to build the house? Man...I'd love to live in your world!...


      ...on second thought... no I wouldn't.

    57. Re:Waste by Anonymous Coward · · Score: 0

      Yes those are obviously luxuries that nobody really needs. A car. A computer. A phone. Those are all so identical to a $70 million mansion. People who use a phone car or computer to work and interact in society could have somehow saved 70,000 lives if they didn't live like a cloistered monk. This is sarcasm you completely out of touch collosal thundercunt.

    58. Re:Waste by FlyHelicopters · · Score: 1

      Okay, um, what WILL solve it?

      Putting in place an environment in which people can feed themselves.

      I'll grant you that some political systems or economic systems are not conducive to that, but no one wants to hear it because it doesn't fit into a 15 second soundbite.

      The reality is that if you just feed people who already can't care for themselves, you just get more people who can't care for themselves.

      Emergency situations do not apply, of course disaster relief is ok, people who are hit by major events such as the recent tsunami in Japan clearly need short term relief. The difference there is that they don't need it for the rest of their lives.

      There are places in the world, Africa is the easy target, but there are others, that have been getting "humanitarian aid" for decades. At some point it moves from helping out people who are down on their luck to creating dependent people who cannot care for themselves because they are fed by someone else.

      A good example is Zimbabwe... that country used to be a net exporter of food, until the people voted in a new leader who stole the farms from those who knew what they were doing (rich white men), and turned them over to people who had no idea what they were doing (poor black men) and now the county is starving.

      http://reason.com/blog/2014/01...

      The problem is, if we bail them out, then the people there will have learned nothing about their poor choices in leaders. It sounds cruel, but unless you plan to invade and force a change of government, let them be and let them starve. They'll figure it out sooner or later that they made a huge mistake and perhaps toss out their current leaders and find better solutions.

      If people don't have to suffer the consequences of their poor decisions, then they'll keep making them.

    59. Re: Waste by glenneldiaz · · Score: 1

      Charity is for people that just want to look good he worked for this let him spend his money his way.

    60. Re:Waste by toddestan · · Score: 1

      While true, it would be less wasteful if these skilled tradesmen had built 140 $200k houses instead of 1 $70M house.

    61. Re:Waste by SydShamino · · Score: 1

      I stated facts, which you ignore. You also ignore the fact that the majority of humans have something called empathy, a natural instinct that keeps the species from destroying itself. While instinctual empathy tends to be limited to those around us, it does extend for some to those more distant that are suffering. That will keep those people fed and, yes, breeding. The only logical way to reduce that population growth, given the existence of empathy, is thus to bring those people out of poverty, and plenty of studies show population growth slows and levels off when communities develop a strong middle class and women's rights aren't withheld.

      Your options, as someone who lacks empathy, are to either try to kill off everyone who does, or I guess just bitch about it on the internet. So I guess you have that part down.

      --
      It doesn't hurt to be nice.
  3. Yo Dawg by mythosaz · · Score: 1

    I heard you liked Minecraft and Mansions...

  4. I don't get it by slashmydots · · Score: 5, Insightful

    After 8 years of onsite computer repairs, I have a deep insight into this sort of thing. At my company we have a nickname for people who make $10,000 a month and have $5,000 of it go to their 5000 sq ft mansion. They're "poor people living in a big house." Why the hell do people spend that much money on a house? If I won $200,000,000 in the powerball, I'd buy a 3000 sq ft house. Then I'd spend the rest on awesome stuff. Who the hell wants a giant house like that? Plus, that's how NFL players keep going broke. You know if you make it to the NFL or make Minecraft that you're making a ton of money ONCE. Like one and done, surprise you're poor. I'd hoard that money like crazy and budget it out over 100 years. What and idiot.

    To anyone about to say real estate is an investment, go look at his electric bill, cleaning bill, and property taxes.

    1. Re:I don't get it by HBI · · Score: 1

      Agree. I bought a cheap house and my nut every month is about 1/4 of my net - including the car. I drive a little Kia. Having the rest to play with and save is really nice. When I see people driving around their land yachts and living in much larger houses filled with unfurnished rooms, I pity them. A little.

      --
      HBI's Law: Frequency of calling others Nazis is directly correlated with the likelihood of the accuser being Communist.
    2. Re:I don't get it by Anonymous Coward · · Score: 0

      After 8 years of onsite computer repairs, I have a deep insight into this sort of thing.

      So how do 8 years of 'onsite computer repair' give you this massive insight into finances that other, more successful people (by your own admission) cant seem to comprehend?

    3. Re:I don't get it by Kidbro · · Score: 4, Informative

      You are quite right. His remaining $2.43B are not nearly enough to cover living expenses now that he wasted almost 3% on a house.

    4. Re:I don't get it by Anonymous Coward · · Score: 0

      > Having the rest to play with

      Play with how? Possibly by buying a mansion?

      > and save is really nice.

      Save for what? Buying a mansion later?

    5. Re:I don't get it by ProzacPatient · · Score: 3, Insightful

      ... and property taxes.

      Pretty much this for *alas* you unfortunately never really own your property but basically lease it from the government so people who come into a lot of money always go and get the biggest house they can afford but forget that they have to pay property taxes on that multi-million dollar mansion.

      I do have to say though, in my opinion, that if you're going to invest your money somewhere the best place to put your money into is property, not multi-million dollar homes but acres upon acres, for land rarely ever loses value but usually appreciates value because of the limited supply whereas a swimming pool of cash just inflates and loses value.

    6. Re:I don't get it by Anonymous Coward · · Score: 0

      Fuck buying a mansion. Between the wife and I, we clear around $220k/year and live in a modest 3000sq ft house in the Midwest. Close to 75% of our pay is put in savings or invested every year. The house is paid off, both cars are paid off and we are in our mid 30s.

      No children (now or ever) helps!

    7. Re:I don't get it by Anonymous Coward · · Score: 0

      You know if you make it to the NFL or make Minecraft that you're making a ton of money ONCE. Like one and done, surprise you're poor. I'd hoard that money like crazy and budget it out over 100 years. What and idiot.

      Uhm, why do you think that he haven't budgeted it out? OK, he can't buy a $70 million mansion (If he can find more of them.) every year, but if he doesn't move more than once every ten years or so he won't run out of money that quick.

    8. Re:I don't get it by Translation+Error · · Score: 1

      Well, this is just a guess, but maybe Notch kind of likes beautiful, elaborate structures and will derive great pleasure from living in such a place.

      --
      When someone says, "Any fool can see ..." they're usually exactly right.
    9. Re:I don't get it by Anonymous Coward · · Score: 0

      When I see people driving around their land yachts and living in much larger houses filled with unfurnished rooms, I pity them

      Why? I'd love a spacious house and a nice car. You can't drive your house around. You can't take your furniture on a road trip. Fuck furniture, all it does is collect dust.

    10. Re:I don't get it by __aaclcg7560 · · Score: 1

      It's called chasing the American dream by keeping up with the Jones.

      Big house? Check!
      Big cars? Check!
      Expensive clothing? Check!
      Happy? Oh, hell no.

      The sooner you stop chasing the American dream and start living a modest lifestyle, life becomes more rewarding.

    11. Re:I don't get it by Anonymous Coward · · Score: 0

      ... except he owns the house and is still net positive 2 Billion Dollars. This guy's monthly payments are $0.

    12. Re:I don't get it by queazocotal · · Score: 1

      Assuming it is a moderately large slice of $2.5B.
      To hit the top 1% of earnings in the UK, you need to be on ~150K.

      This can be hit easily at 2% or so interest on a capital of 10M.

      Arrange it properly in trusts so you can't ever touch it - and you're set for life - to a reasonable degree.

    13. Re:I don't get it by UnknownSoldier · · Score: 0

      It is the same fucktards who spend $100,000+ on a watch. Hell, even spending $10,000 on a Rolex are idiots -- Who knew the price of vanity was so high!

      > To anyone about to say real estate is an investment, go look at his electric bill, cleaning bill, and property taxes.

      Spot on!

      If it costs you money it is a liability
      If it makes you money, it is an investment.

      People who buy watches over $5,000 only prove that they have more money then brains.

    14. Re:I don't get it by queazocotal · · Score: 3, Insightful

      "You can't drive your house around" - and here is where your ambition fails.
      Several tens of large rocket engines, and sure you can.

    15. Re:I don't get it by Fire_Wraith · · Score: 1

      If you think that the mortgage payment is the only cost associated with owning a home, I suggest you acquaint yourself with Property Taxes, Maintenance/Upkeep on homes, and such before you purchase one yourself. While he's certainly capable of paying them for the next few centuries or so, the upkeep and taxes on a $70 million property aren't exactly going to be negligible.

    16. Re:I don't get it by Anonymous Coward · · Score: 0

      That's why I live in an RV.

    17. Re:I don't get it by Anonymous Coward · · Score: 0

      People who buy watches over $5,000 only prove that they have more money then brains.

      Unless these people are required to show off such watches to close bigger deals. Then it's an investment, right?

      Don't presume stuff.

    18. Re:I don't get it by Andrio · · Score: 4, Insightful

      You are right on most things, however this put up a red flag for me:

      "Then I'd spend the rest on awesome stuff."

      Keep this in mind: Poor people spend their money on consumables. Middle income people spend their money on liabilities they think are assets. Rich people spend their money on assets that make them money.

      Most "Awesome things", like cars, boats, electronics, etc, lose value pretty fast (Sorry if I'm putting words in your mouth, those were the first things that came to mind when I read "awesome stuff"). Eventually, you'll lose all your money. If I won 200 Million, I'd probably spend a tiny portion of it on buying nice houses for myself and my family, and use the rest to buy things like boring stock in boring companies. Boring, but secure companies that have been around for a hundred years and have offered dividends for decades.

      --
      The Internet King? I wonder if he could provide faster nudity.
    19. Re:I don't get it by SydShamino · · Score: 2

      Let's assume he earns 3% interest on his money. That's in the ballpark of realistic. Let's also assume (for the sake of argument) that he took out a 30 year mortgage on that $70M mansion, like those people you have a nickname for. That means he'll pay maybe $150M total for it over 30 years, or $417k per month.

      He earns $6.25M per month on interest alone, so his house payment would be less than 7% of his income. (Let's say less than 15% taking into account electricity, cleaning, taxes, etc.) That doesn't make him anywhere close to the 50% rate you cite for "poor people living in a big house". And that makes him pretty smart - not and idiot.

      --
      It doesn't hurt to be nice.
    20. Re:I don't get it by Livius · · Score: 1

      Everyone's different. For some people owning a house is their hobby.

      The catch is that it's a long-term investment, so you had better appreciate living in a big house, and not just enjoy the novelty for the first few months.

    21. Re:I don't get it by Anonymous Coward · · Score: 0

      People who can comfortably afford watches over $5,000 only prove that the expence is neglible

    22. Re:I don't get it by mythosaz · · Score: 1

      OK, he can't buy a $70 million mansion (If he can find more of them.) every year.

      I'm pretty sure he can.

      2.5 billion minus 70 million is 2.43 billion.
      Assuming a 0% return on his existing 2.43 billion, he can only buy mansions like this every year until he turns 70.
      Assuming a 1% return on his existing 2.43 billion, he can only buy mansions like this every year until he turns 80.
      If he can get 2%, he can keep it up until he's 100.

    23. Re:I don't get it by slashmydots · · Score: 1

      My grandparents built a house for like $14,000 and sold it after about 55 years. Adjusted for inflated and estimating all property taxes and maintenance costs and insurance, it cost them 3x the final sale value of the house to live there. It's roughly equal to living in a very expensive apartment for 50 years except people don't cut the lawn or plow snow for you.

    24. Re:I don't get it by Anonymous Coward · · Score: 0

      Infinitely this.

      I'd build a small home, a car home and finally get in to architecture like I wanted to and similarly build small efficient homes for people.

      A big house is a massive waste of money for a lot of people.
      For what amounts to you spending probably 60% of your time in one, or two rooms out of all those other rooms, nope.
      Living / eating area, kitchen. A place to relax and interact with people and eat some delicious food.
      Utility and storage. The throw-everything-in-here-and-make-someone-else-do-it space.
      Bathroom. (optionally separate toilet room)
      Activity area. Gym, painting, reading, just general activity space that can be used for whatever.
      This could even be in multiple rooms. Multiple activity rooms aren't a bad thing.
      Bedrooms. Bedrooms to sleep in, not live in.

      The concept of bedrooms as a living space has done significant damage to society as a whole in so many ways it isn't even funny now.
      From kids not talking to each other to people associating bedrooms with places to do things, in other words, not sleep.
      Activity rooms, even personal ones, make the bedroom a bedroom again.
      An alternative, if low on space, is a semi-dividing wall.
      This is a huge societal issue that likely won't change much. It is hugely different between countries.
      Some countries have their hugely multi-functional spaces. Some have dedicated rooms for these.
      And in all honesty, it also varies from person to person. I ain't going to rule out that some people like to throw parties so need large kitchens and activity areas, rec rooms and so on.
      But let's be honest, how many people do you personally know that commonly throw parties? Percentage of the rest of the people you know?
      Most people will have a very low percentage of people that are so outgoing enough that they are THE person to go to for dinner parties, or maybe a few friends. Maybe a few other times you go to another friends how, but nobody beats Teds parties, right?

      You can easily fit in a tiny space that is smaller than a typical master BEDROOM these days.
      Sometimes sitting there watching videos of the small builds people have done all around the world, I get rather jealous.
      Some of them are just so good, so well made, incredibly efficient and cheap to run, but aren't a hassle to interact with at all, they aren't fiddly to work.
      This is probably my favorite small home
      It is just so well designed, loads of character, efficient use of walls in the kitchen areas, and they even manage to throw parties in a space that isn't all that large really, in the old garage of the house.
      And another favorite is this transforming vehicle home
      This thing is just full-on amazing. Transforms from a vehicle in to a castle home that would make any kid scream of joy, and adult kids too.
      Just look at that thing, isn't that amazing?
      Small homes don't need to be cramped and awful, they can be really useful, can even be a work and hobby spaces, and most of all, be very very cool.

    25. Re:I don't get it by slashmydots · · Score: 1

      I didn't know he was a tax-exempt non-profit who gets to keep the entire sale price of his product. That's astonishing news.

    26. Re:I don't get it by houghi · · Score: 1

      Then I'd spend the rest on awesome stuff.

      For some people a house is "awesome stuff".
      I personally would not buy anything. I would rather travel all the time. A 280MÂ house would just hold me back.

      --
      Don't fight for your country, if your country does not fight for you.
    27. Re:I don't get it by Anonymous Coward · · Score: 0

      Good for you, but if you can afford it, you really should buy a car you can reasonably expect to survive a normal crash in... maybe a smaller Volvo?

    28. Re:I don't get it by upuv · · Score: 2

      Do you have any concept of how much 2.5 billion is? The average person in the United States will make a grand total of $3.4 million in just one life time. That's 735 lifetimes of money. All upfront. 1% interest on $2.5 billion is $25,000,000. This guy makes more on 1% interest in a year than the average person makes working in 7 lifetimes. That's 1%. Do you know how hard it is to only make 1% interest. Banks are going to borrow from this guy. He he were to covert this into 1 dollar bills and stack them in a single pile. The pile would be: 895000 feet 169.5 miles. This guy could achieve low earth orbit by simple stacking money and standing on it. NFL players make on average 1.9 million. This make Mr. Minecraft equal to 24 NFL pro teams. Yep this guy makes as much a 2/3 of the entire league. Sorry he made that in one pay day. What exactly is there to horde? This guy isn't an idiot. He's stupidly rich. Like Richie Rich rich. $70,000,000 our of $2,500,000,000 is still $2,430,000,000. That's multiple billions here still. Most countries if they had 2.5 billion could pay off the entire countries debt. If you think this guy is still an idiot I suggest you look in a mirror first.

    29. Re:I don't get it by Anonymous Coward · · Score: 0

      I think suggesting he is subject to anything close to a 94% tax rate is pretty astonishing.

    30. Re:I don't get it by the_B0fh · · Score: 3, Insightful

      75mil is how much of 2.5bil again? 3%. Much less than the 25% you are wasting.

    31. Re:I don't get it by the_B0fh · · Score: 1

      damn. I wish I hadn't commented so that I can +karma you!! :)

    32. Re:I don't get it by Anonymous Coward · · Score: 0

      And he picked a place with very reasonable real estate prices. His mansion doesn't have a matching home in Vancouver, but for the price of a more typical Beverly Hills mansion you only get a little two room house in beautiful Vancouver BC.

    33. Re: I don't get it by Anonymous Coward · · Score: 0

      Not really Opex on a home like this is massive 3-4% property taxes and the tax on his payout make your comparison about 3x less favorable, plus your point is flawed, housing costs do not scale as your absurdly simple-minded analogy suggests. On the flip side of every jealous curmudgeon is a wealth worshiping sycophant, sadly most Americans and probably your self

    34. Re:I don't get it by Anonymous Coward · · Score: 1

      After 8 years of onsite computer repairs, I have a deep insight into this sort of thing. At my company we have a nickname for people who make $10,000 a month and have $5,000 of it go to their 5000 sq ft mansion. They're "poor people living in a big house." Why the hell do people spend that much money on a house? If I won $200,000,000 in the powerball, I'd buy a 3000 sq ft house. Then I'd spend the rest on awesome stuff. Who the hell wants a giant house like that? Plus, that's how NFL players keep going broke. You know if you make it to the NFL or make Minecraft that you're making a ton of money ONCE. Like one and done, surprise you're poor. I'd hoard that money like crazy and budget it out over 100 years. What and idiot.

      To anyone about to say real estate is an investment, go look at his electric bill, cleaning bill, and property taxes.

      WTF? I make $10,000 a month. I only net $5,000 after taxes, social security, 401k and health insurance for a family of 4 are taken out. After housing/utilities/food/car/insurance/school expenses I barely have anything left. I don't live in a mansion, I live in a 1800sq/ft house in a not so great neighborhood in Southern California. I would need quadruple my salary to afford a mansion here.

    35. Re:I don't get it by Anonymous Coward · · Score: 0

      One large one-time payment (2.5G in this case) is different from a recurring salary. The money will not replenish.

    36. Re:I don't get it by reikae · · Score: 2

      If he invests one billion in something with a measly 0,1% return, he'll still gain more money in a year than most salaried employees do. The money will replenish just fine, I think.

    37. Re:I don't get it by Anonymous Coward · · Score: 0

      Housing prices seem insane. They go up and up, and some places don't have adequate homestead exemptions if any at all. I'd much rather see state income tax take the pressure off of property taxes. Perhaps with a valuation freeze (as in a cap) for as long as you own the home or thirty years, whichever is sooner.

    38. Re:I don't get it by drinkypoo · · Score: 1

      Most "Awesome things", like cars, boats, electronics, etc, lose value pretty fast

      The most awesome cars, bought at just the right time, will only appreciate. And now there are numerous shows which will help you identify those vehicles at the right time, and not afterwards, notably stuff we can all watch on Youtube these days. But yeah, those other things are just ways to bleed money.

      I think the point, though, was that even at a pretty high burn rate, if you have big stupid money you can spend your whole life just spending your money on awesome things as long as you don't waste it on stuff you can't even really appreciate, like homes with so many rooms you won't even visit them all once. If I had $200M I could live as fat as I want to now for the rest of my life without running out of money just by putting the parts I wasn't currently using into guaranteed investments.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    39. Re:I don't get it by HBI · · Score: 1

      I did auto claims for several years in the early 90s. Your chances of survival in a vehicle crash where the mass of the opposing vehicles is much greater than your own is not good, regardless of the vehicle you drive.

      That said, not afraid of being crushed in it. More afraid of fire. I have taken so many pictures of burn jobs where the outline of the corpse is clearly visible in the seat upholstery, and crunchy bits of flesh are still attached around the edges.

      --
      HBI's Law: Frequency of calling others Nazis is directly correlated with the likelihood of the accuser being Communist.
    40. Re:I don't get it by the_B0fh · · Score: 1

      Right. Because he is going to stash it under a mattress in his house, leading him to need a new, large house, for that said mattress, so he bought a large house for it, right?

      Are you really that stupid to think that someone with $2.5 billion is not going to invest their money and get better returns than most of us would? Do you really think they will hide the money under the mattress so that it will only earn 0% interest?

  5. And I should care, by fredrated · · Score: 2, Insightful

    why?

    1. Re:And I should care, by Anonymous Coward · · Score: 0

      because 1 day, Linus Torvalds will have a mansion, with a desk. And on that desk will be a computer. And that computer will be running Linux. And that year will be the year of the Linux desktop. And on that day, yes, we will learn that the world is a simulation running on Linux. So the year of the Linux desktop will be the year that we're all running Linux in a universe running on Linux.

  6. could of bought a castle by Anonymous Coward · · Score: 0

    instead he bought an office building

    1. Re:could of bought a castle by Anonymous Coward · · Score: 0

      Could have bought a castle.

    2. Re:could of bought a castle by __aaclcg7560 · · Score: 1

      An office tower would have been a better investment. Hire a company to manage the property, fix the toilets and collect the rents.

  7. Way to go, idiots by Anonymous Coward · · Score: 0

    pay for some dumb game to make a retarded nerd rich. this is why you're all poor.

  8. This happened weeks ago by Anonymous Coward · · Score: 0

    /. is SO SLOW when it comes to news. What gives???

  9. Re:Sell Out. by mythosaz · · Score: 2

    The 3% of his fortune that he spent on a house does seem like terrible money management.

    Wait, what?!?

  10. Re:Sell Out. by FlyHelicopters · · Score: 1

    You might be a troll, and that's fine...

    But he is not an idiot, he spent about 3% of his wealth to buy a house. Most people spend FAR more than that to buy a FAR smaller house.

    Who is the idiot?

  11. Location Location Location by dohzer · · Score: 1

    Looks like he was mostly paying for location.

    1. Re:Location Location Location by Anonymous Coward · · Score: 0
      Strictly speaking that doesn't fit the CSI:Miami "tasteless pun" template (er, because there's no pun in there). Yet for some reason I still mentally read it in Horatio Crane's voice:-

      Looks like he was mostly paying for...

      (Puts sunglasses on)

      ...location.

      YEEEEEEEAAAAAAAAAAAAAAAHHHHHHHHHHHHHHH!!!!

  12. Am I the only one... by Anonymous Coward · · Score: 0

    ... Who wouldn't buy that kind of house even if I was insanely rich ? I mean what's the point to live in a glossy brochure mansion, I would never feel home in such an soulless place.

    1. Re:Am I the only one... by __aaclcg7560 · · Score: 1

      In-laws on my brother's side of the family bought a five-bedroom home for $1M because they had hoarded five bedrooms full of old furniture and other crap from 50+ years of marriage. The place was obscene. Kitchen was bigger than my 475 SQF studio apartment, wet bar was bigger than my kitchen. The 25-foot-tall electric fence with the mountain lion watching from the other side was interesting.

    2. Re:Am I the only one... by Guspaz · · Score: 1

      You're not the only one. If I was spending $70 million on a home, it'd look nothing like that. It'd probably be a good deal smaller, or if it was the same number of overall square feet, it'd probably be more subdivided. To me, a room for a given purpose has an optimal size. If the room is too small for that purpose, it's not going to work great, but also if the room is too big for that purpose, it will also not work great.

      I'd probably focus less on strange decorations (some ornamental motorcycle? A wall of candy?) and more on practical stuff, like going whole hog on expensive home automation. To me, luxury involves making something easier to use or more functional (like electronically tinting windows or a Washlet toilet), or more comfortable (like a nice mattress or a good carpet), or making it look nicer (like a nice wood finish)... not stuff whose sole purpose is to look expensive. I want something to look luxurious and pleasing, not expensive.

  13. Prefer a counterstrike map by perpenso · · Score: 1

    I guess I'm old. I'd prefer a counterstrike map of the building at work. :-)

    1. Re:Prefer a counterstrike map by __aaclcg7560 · · Score: 1

      With a turd in the toilet? I'll pass.

    2. Re:Prefer a counterstrike map by Anonymous Coward · · Score: 0

      With a turd in the toilet? I'll pass.

      That would be Duke Nukem not Counterstrike.

    3. Re:Prefer a counterstrike map by __aaclcg7560 · · Score: 1

      Old School(TM) Counterstrike had a map with a turd in the toilet. Shoot the turd and the toilet explodes.

      With Duke Nukem Forever, you could play with the turd to earn an achievement.

      Now get off my lawn!

  14. Re: Sell Out. by Anonymous Coward · · Score: 0

    He's got over 2 billion more.

  15. I don't think he has quite that much by Sycraft-fu · · Score: 1

    Sweden has some pretty hardcore taxes for the rich. Don't get me wrong, he's still a very monied guy (he made plenty before the sale as well) but it isn't like he got to keep all the cash. Sweden doubtless took their cut.

    1. Re:I don't think he has quite that much by Anonymous Coward · · Score: 0

      Sweden has some pretty hardcore taxes for the rich.

      Well, yes, but rich people tend to avoid them. Something that made Notch into the citizen paying the most taxes in Sweden. (Yep, more than that IKEA dude.)
      I suspected he figured out how to avoid taxes in Sweden before he sold Mojang.Having a house overseas is probably helpful if you want to do that.

    2. Re:I don't think he has quite that much by Anonymous Coward · · Score: 0

      Depends how he sold Minecraft.
      If he set up a shell company in a country with low taxes he could have sold it without paying a dollar to the swedish government. It's only once he tries to get money out of the company or start using that company money as his personal bank account (like paying 70 million for a private house) that the swedish "IRS" nail his ass to the wall. After 5 years of living abroad, spending less than 180 days per year in sweden and not owning any house/apartment classified as permanent living he can dissolve the company and transfer the funds to his private accounts.
      However since everyones paid taxes is public information in sweden we'll know next year when his income report is settled.

  16. "poor people living in a big house."? by Anonymous Coward · · Score: 0

    Shit nickname

  17. Fashionable Fire Extinguishers? by rsborg · · Score: 2

    Can someone tell me if I'm smoking crack or are there three separate fire extinguishers in this picture [1]? Why are there fire extinguishers in a bathroom?

    The whole "open space car garage" seems way outlandish, and the use of glass is pretty atrocious, but the views and decor seem pretty awesome. I wonder if the cost to upkeep and maintain such a home might exceed my mortgage costs.

    [1] http://images.prd.mris.com/ima...

    --
    Make sure everyone's vote counts: Verified Voting
    1. Re:Fashionable Fire Extinguishers? by Anonymous Coward · · Score: 0

      The fire extinguishers are there because of code, obviously.

      A better question is: Why does the bathroom have it's own commercial kitchen?

    2. Re:Fashionable Fire Extinguishers? by steelfood · · Score: 3, Funny

      That's his iron fire extinguisher, gold fire extinguisher, and diamond fire extinguisher.

      --
      "If a nation expects to be ignorant and free in a state of civilization, it expects what never was and never will be."
    3. Re:Fashionable Fire Extinguishers? by Anonymous Coward · · Score: 0

      Why are there fire extinguishers in a bathroom?

      From Wikipedia :

      "In the late 20th century inhabitants of Los Angeles often indulged in an activity
      popularly known as "freebasing". Frequent unintended fires were often the result,
      and more than one dwelling was burned to the ground as a result."

    4. Re:Fashionable Fire Extinguishers? by Dynedain · · Score: 1

      Pretty certain the extinguishers are a sculpture.

      --
      I'm out of my mind right now, but feel free to leave a message.....
    5. Re:Fashionable Fire Extinguishers? by Anonymous Coward · · Score: 0

      I wonder if the cost to upkeep and maintain such a home might exceed my mortgage costs.

      I know you are joking but I looked up the property taxes and they amount to $141,312.51 for 2014. Which is about $11,776.05 per month in taxes. And this is on the home that used to be in the lot. The assessor's site shows that home to be only 6,984 sq/ft. which is not even a 1/3 the size of the new home. The old home was also "only" appraised at 12.7 million.

      Of course, then you still have insurance, utilities, maintenance, etc.

  18. Its an investment ... by perpenso · · Score: 1

    23,000 square feet, with 15 bathrooms and eight bedrooms

    It's his money to spend and I wouldn't stand in his way, but what a waste.

    Sometimes such a purchase is mostly an investment, albeit a comfy investment that you can live in. Its highly likely he is expecting a "greater fool" to come around and pay much more even after adjusting for inflation and the safe alternative of buying US treasury bills instead.

  19. How do you know this isn't already the case? by rsborg · · Score: 1

    And on that day, yes, we will learn that the world is a simulation running on Linux. So the year of the Linux desktop will be the year that we're all running Linux in a universe running on Linux.

    The source is open, but you may need more advanced theory to understand how compilation works...

    --
    Make sure everyone's vote counts: Verified Voting
  20. Money not in a bank account ... by perpenso · · Score: 1

    That money goes back into the economy which is good for everybody

    No it doesn't. People with that much money store it at the bank and the money just lies there. It doesn't make the economy work it just inflates somebody else' bank account.

    It inflates the bank accounts of Apple, Google, Facebook, etc, and probably your state and local government too. Wealthy people generally don't put their money in a bank account and collect interest, they generally put it into some sort of investment portfolio where the money goes into stocks and bonds. Bonds would include both corporate and municipal bonds. Municipal bonds fund a lot of state and local infrastructure, and sadly boondoggle projects.

    Wealthy people may also invest in real estate. Which is probably what the $70M mansion is all about. The vast majority of that $70M probably represents the land not the blingy mansion that sits on it. The tax bill might be public record, that would define land value vs structure value.

  21. Nouveau riche = pathetic vulgar pretenders. by Anonymous Coward · · Score: 0

    Notch is a perfect example of nouveau riche.

    The house is something a Hollywood pimp would own, and speaks
    of nothing so much as a lack of understanding what really matters in
    this world. ( hint : it's not a house that looks like a rock star lives in it ).

    For the same money I could have a private turboprop airplane, and
    a house on Maui, an apartment in NYC, a condo in Whistler, and
    a large live-aboard sailboat. It doesn't take much imagination to
    see that I'd be getting a lot more bang for my buck.

    .

  22. One bathroom per bedroom is not a ridiculous idea by Anonymous Coward · · Score: 0

    Quite how many bathrooms do you need in a house that can sleep - I assume - eight pairs of people?

    A small bathroom per bedroom is a luxury but not mansion level luxury. My first experience with upper middle-class living was when 3 college friends and myself rented a 4 bedroom home near the university. The master bedroom had a private bathroom, and the semi-secluded bedroom downstairs had a bathroom next to it that was not private but rarely ever used by another other than the occupant of the bedroom next to it (luckily me). The two additional bedrooms were upstairs and shared a bathroom. Even when downstairs the others tended to go to their respective bathrooms upstairs. Other than me only the occasional people visiting for a few hours used it. I definitely got the impression that girls spending the night with me like the semi-secluded bathroom.

    So no, one bathroom per bedroom is not a ridiculous idea. Like a hotel guests can unpack all there bathroom stuff and have some privacy and only need to wait for their partners to finish.

  23. Dwarf Fortress still == $0.00USD by Anonymous Coward · · Score: 0

    While this alpha shit 3d copy conned MS out of billions.... The world is fucking insane!

  24. I'd need another 10 million to make it fit. by Qbertino · · Score: 1

    What's astonishing with these rich people is that all this is insanely tasteles. Personally I'd have to invest roughly another 10 million to get all the crap removed. For instance: WTF are these fountains noisily piddling into the pool constantly and blocking the view?? Which architect had that brilliant idea? ... I'd fire the guy instantly. ...
    Rich people: Lot's of money, no taste.

    --
    We suffer more in our imagination than in reality. - Seneca
    1. Re:I'd need another 10 million to make it fit. by bwcbwc · · Score: 1

      Most places have an off switch for the fountains. It costs an extra $million, but these people can afford it. /jk, but you know what I mean. Sometimes you want to look at the view, and other times LA is covered in smog and the fountains look nice.

      --
      We are the 198 proof..
  25. Re:Waste (teaching kids about the 'rich') by willworkforbeer · · Score: 2

    I'll get modded into the ground, but whatever.

    To teach my early teen kids about money, I offered them $20 apiece for each example they could list of how our "rich" neighbor could do something with his money that doesn't benefit me ( besides piling up his cash and burning it to death )

    My son went first... "he could buy a million dollar car". (note: he actually drives a 2+ million dollar Veyron, but whatever)
    Reply: "Nice try... But I'm a car salesman / builder / mechanic / own stock in GEICO insurance / sell gasoline & car parts / etc... He helped me even if he didn't intend to."

    Daughter: "He could put it all in a bank account."
    Reply : "Smart girl, but I'm a banker, that guy was super helpful opening up that account, since we need reserve deposits... if he had picked a stock market account that would also be great, my company sells stock to investors so we can expand and build more widgets, and we issue bonds for the same reason..."

    In fact, I made it "easier" for the kids... assume that guy is a hateful jerk... now just list what he could do with his money to prevent anyone else from benefitting. What move can he make with his earnings that would benefit no one but himself ?

    Anybody here want to guess how much I paid out? right... and thankfully my kids have not learned jealousy of other people's legal gains.

    The end of the lesson was this:

    The origin of "greed" is rooted in the concept of lusting for what you haven't earned. In context, it's similar to 'coveting'.
    It's not evil to want to earn more by serving as many people as you can honestly.


    And while we reserve the right to snicker at people who buy solid gold cell phone cases, we don't fall into the trap of greedily wanting to decide if they deserve it (after all, someone willingly traded it for their services) or if they are using their own money as we would. If they're bad stewards, they won't have it long, and in the meantime they can't help but serve others with that money, no matter what they do with it.

    (That Veyron driving neighbor sells rap music, a lot of rap music I suppose... but it's a legal living)

    --
    Pretending this is my office full of bitter coworkers..
  26. I don't know about you. by publiclurker · · Score: 2

    But I prefer to deal with people that don't waste money of flashy displays of financial mis-management.

  27. It's called Modern Art... by Anonymous Coward · · Score: 0

    It's called Modern Art and it drives geek bonkers. There were a few other similar show-cases with extinguishers in other colors in the living room as well. Rich people like to buy stuff that someone tells them is unique, priceless and very special so I am assuming these are some highly exclusive extinguishers from the 20s and all extinguishers personally belonged to some mayor or director or they were film props and then some "hot" artist dipped them in color and made a couple of million off of them.

  28. Re:Waste (teaching kids about the 'rich') by Anonymous Coward · · Score: 1

    So all you've taught your children is the religion of the Invisible Hand, where somehow magically the market benefits people, even though in practice life has been getting worse for the average American over the past 30 years. You are no better than a Bible-thumper, or the Party fanatic who pushed his kids into Komsomol.

    Of course money spent will benefit someone - it will at least benefit the person you pay it directly to (usually) - but overall, a particular flow of wealth has no inherent reason to help more people than it harms. My having a problem with ultra-wealthy people has nothing to do with "jealousy", and everything to do with the issues I have with i) the huge amount of power certain few people have over so many others; ii) the fact that some people have access to more resources than they'll ever need to survive, while others do not have access to resources required for basic survival. I certainly won't be personally affected much by such ultra-wealthy people, since I come from a family in the millionaire category and am intelligent and healthy myself (not so great an income as my parents because I spend much of my time doing voluntary work), but I've hung around with them for long enough to know what self-serving, destructive, cruel cunts they can be, all for the sake of a few dollars more.

  29. sounds like you read the same popular money book by Anonymous Coward · · Score: 0

    real estate is an investment, if you aren't living on the property. If you have renters who pay you plus pay their own bills then it can be quite lucrative. And in many places (the US) the tax code is helpful by letting you work out a depreciation schedule to cover the expense of maintaining a property. And often, after a significant amount of time, you can sell the property for more than what you claimed it was worth on your taxes.

    For me (a home owner) living in a house is cheaper than living in an apartment of equivalent size. Apartments still have electric bills and water bills, . It's cheaper because while my mortgage + property tax is certainly higher than an apartment. I am very likely to get a significant chunk of my principle back when I sell the house. Assuming the market doesn't crash below what I paid for the house. (I bought at the bottom of the last bubble, not the top). Is this a sure thing? No, of course not. But it's a very manageable risk with a significant reward.

    Staying in a small cheap apartment, and saving the extra money is an option too. But in my situation it's a better deal to put it into a house than parking my money in a bank account that yields so little interest that it doesn't break even with inflation. A money market account might be another option versus a house, it's quite a bit more flexible but the risks are real and there are fewer incentive programs.

  30. And the game still lags . . . by reboot246 · · Score: 1

    1.8.1 Minecraft still lags pitifully, especially when you're near water.

    But, hey, it's a nice house. A bit too big for me and my needs, but I don't see any problem if he likes it.

    1. Re:And the game still lags . . . by Anonymous Coward · · Score: 0

      Of course it lags, it's written in Java.

  31. Re:Waste (teaching kids about the 'rich') by binarylarry · · Score: 1

    I can only afford a lambo. :( sad face

    --
    Mod me down, my New Earth Global Warmingist friends!
  32. Missed an opportunity for the new 1.8 particles by Maxo-Texas · · Score: 1

    The water fountains could be done with the new particle effects.

    It's a nice creative build.

    --
    She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
  33. Not a waste by Fencepost · · Score: 1

    Whether it's a waste depends on what he wants to do with it. What if he wants to do a lot of code jams? Hmmmm, "Where should we get a half-dozen programmers together for a weekend?" "How about Notch's place?"

    --
    fencepost
    just a little off
  34. Better, set up trusts by Fencepost · · Score: 1

    If I won a 9-figure lottery (the only kind I could win, I generally throw a dollar or two in if I notice it's gone over 200 million), the first thing to do after dealing with taxes, etc. is to set up at least one pretty iron-clad trust designed to pay me a nice solid upper-middle-class "salary" every year, with a lot of restrictions on how I could break any principal out of it. I suspect this would also impact taxes if done properly.

    Once you have your perpetual senior developer-level salary set up, **then** you figure out what you want to do with the rest, be it toys, long-term investments, completing your dream to visit every strip club in the country (note: if going the "hookers and blow" route, make sure that trust is *really* airtight).

    --
    fencepost
    just a little off
  35. mucho jelousy around here... by Anonymous Coward · · Score: 0

    Seriously now, who cares?

    In all honesty, I don't understand people like that though. You make that crazy amount of money but you spend it on fancy cars, houses, boats, parties, etc. etc. why? I'm not an overly materialistic person and I've imagined myself in his own shoes, I can't see myself buying all that.

    If I made billions the first thing I would do is buy a large property farm, and that would cost me fuck all. Why a farm? Plenty of space to build a small observatory :) I would create my own home in such a way that it would allow me to attach additional rooms to any section, for all the cool hobbies of course! Electronics, wood/metal craft, painting, music... holy hell soooo much room for everything and finally all the time in the entire world to try everything!

    This, ladies and gentlemen, is how money is spent... well at least by the ones who enjoy more of life than fancy cars and or a giant mansion.

    captcha: interest

  36. Re: Waste (teaching kids about the 'rich') by O('_')O_Bush · · Score: 4, Insightful

    The fault is that your argument builds a straw man that the wealthy do *no* good by holding/using wealth, but that isn't the argument. The argument is that they do relatively little with that wealth. One two million dollar car churns the economy, as in, provides jobs, taxes through fees, etc, much less than one hundred 20 thousand dollar cars. A similar thing could be said of a house. A 70 million dollar house doesn't generate 100x the economic activity of 100x 700k dollar houses. Partly this is because many "premium" materials don't generate more economic activity than less premium materials at a fraction of the cost...but the increase in cost is due to rarity and desirability only. Another part is that high priced items tend to require a one team work longer rather than more teams work, concentrating the transfer of wealth rather than spreading it out over broad actors who can trickle wealth down much faster and efficiently than a few who have a large share of it. The idea of "trickle down" is valid, it does happen, but it is more like accidentally watering some plants from a leak in water tank rather than watering a field with irrigation. And when your goal is to grow a crop like an economy, relying on minimal rainfall and tank leaks just isn't a productive way to go about it, as our Norse neighbors have shown.

    --
    while(1) attack(People.Sandy);
  37. Just because by TuxWithoutPants · · Score: 1

    We are a small part of the reason he got the cash to burn doesn't mean we get to say how he stacks the cash before he lights them. Hell, give me 70 million and I'll show you what's a real waste of money.

  38. Jay Z and Beyonce, eh? by bwcbwc · · Score: 1

    I can just see them asking the seller "who the f--- is this Persson guy anyway?" OTOH, if they have kids of a certain age, they know.

    --
    We are the 198 proof..
  39. Lian Li has officially announced a range of enclos by VitolLub · · Score: 1

    On the original case Lian Li a new series of Open Air we mentioned repeatedly. Their main advantage is the small size if possible, the use of standard components, including motherboards micro ATX format and even ATX. In November, the company has worked to improve the design of a new line of buildings, and then, finally, today officially announced the launch of new products in the series. http://www.devbattles.com/en/s...

  40. That's not special... by Dogtanian · · Score: 1

    Speaking of "location", Beverley Hills 90210?! The guy's obviously a sell-out that betrayed his geek roots.

    I'd have expected him to move to Lebanon, Missouri. Or- at a push- Plymouth, Florida.

    --
    "Slashdot - News and Chat Sites Deviant". (Click "homepage" link above for details).
  41. Merry Christmas? by Anonymous Coward · · Score: 0

    I really can't think of anything more depressing than buying a house during Christmas. Yes, he does celebrate Christmas. I don't have to check, he's Swedish. If he doesn't celebrate that's even more appaling because I can only imagine how his family would feel about that. Oh yeah, and Minecraft? He was smart to sell it off, because down to its core it is a really bad game. The only thing that makes Minecraft redeemable is having an entire host of mods to change everything. Seriously, what was Microsoft thinking when they purchased Minecraft of all things? I'm sure that future generations will look with shock at this enormous marketing gimmick. It's obvious that there is going to be something that will be better than Minecraft coming around the corner. As much as I've tried to encourage people to play Minecraft, and as much as I tried to enjoy the game, it's so tedious and formulaic. Dig, make the same machines, and those horrible ugly pipes. There are some mods that try to address this, but it just doesn't work. If there's anything that I'd like in that game is that you could use your imagination more. No silly stats that necessitate dumb farms of stupidly growing plants with very unrealistic animal breeding. There are so many better games, why would you play minecraft? Heck solitare is a much better game. Minecraft should have gone the route of a table-top simulator sort of game, but instead got caught up in all the limelight. It's gross.

  42. Re: Waste (teaching kids about the 'rich') by willworkforbeer · · Score: 1

    I think I made the points that
    - we leave them alone to enjoy their earnings in peace, and.
    - earning is a good thing, even if you are really, really good at earning.

    The risk of arbitrarily deciding that you don't approve of my spending, or you want to take charge of my spending because you've established an arbitrary measure of how 'fast' you perceive my money is 'churning' is an affront to liberty. And you've condemned my choices of investment to non-existence.

    You know it's not some finite pie, a slice of which I've hidden away selfishly.
    Housing in the U.S has gained trillions in value this year, the pie just grew bigger.

    Economic liberty trumps meddling, and any system that depends on violating liberty in order to exist is a false economy.

    By the way, it gets worse...
    I asked my son's self-described leftist high school teacher if he would be confiscating points from the lucky students with ability (whose averages were over 75) and redistributing those points to the unfortunates who needed those points to pass. Fairness would be everyone getting a 70. He seemed genuinely upset..

    --
    Pretending this is my office full of bitter coworkers..
  43. Re:Waste (teaching kids about the 'rich') by Anonymous Coward · · Score: 0

    I call bullshit.

    Not one of us, any of us, has been born into a caste that legally or socially constrains our aspirations or ability to achieve, nor has any one of us received a Monopoly card, bill of attainder, or tablet from the heavens that consigns us to failure and poverty.

    Transferring wealth outside of the process of free exchange requires acts of violence or threats of violence by the state, and has proven to diminish the very people it is alleged to help, and ultimately destroys an economy.

    The economic illiteracy of progressives is stunning.

  44. Re: Waste (teaching kids about the 'rich') by Anonymous Coward · · Score: 0

    I call bullshit. There is a fucking lawsuit right now against Apple and friends for conspiring to limit workers salaries.

    Think for one fucking second. It literally took one second to think of it.

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  46. Re: Waste (teaching kids about the 'rich') by O('_')O_Bush · · Score: 1

    I would think he should be upset, your analogy is terrible at describing reality is is really only beating home your worldview that wealth is earned and everyone deserves their lot in life. But this is way different than an economy. Classes don't have students that are guaranteed to get 100s because their parents had 100s, and neither do we want to teach in such a narrow way that only students who are doing well *will* do well so we try different approaches to teaching and offer outside help, as opposed to what your worldview suggests.

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    while(1) attack(People.Sandy);
  47. Re: Waste (teaching kids about the 'rich') by O('_')O_Bush · · Score: 1

    *cont.. writing on a phone is hard. ...which is that we should pander to a minority and everyone else in the classroom will magically do better just by being around that minority. I make a very good living (my family income is about 4x the average) because I work hard and am an engineer, but I hardly believe I am completely entitled to it.

    --
    while(1) attack(People.Sandy);