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I guess it is impossible to say for sure, but I feel like if I had billions, I would still want to farm commercially – just with much nicer equipment than I hav

I guess it is impossible to say for sure, but I feel like if I had billions, I would still want to farm commercially – just with much nicer equipment than I have now. Something like 30% of farmers are 65+ years of age. I would suggest it is not because they cannot afford to retire, especially with the price of land these days, but because it is something they love to do. Anecdotally, a neighbour of mine made millions with the sale of his company (not tech) and then started farming with those proceeds.

crimsonalucard 11y ago
I think most people wouldn't go into farming. They'd use the billion dollars to chase some crazy dream, retire, party hard, spend extravagantly, go on vacation, travel the world, start a new venture... anything but farming or doing something totally plain... but that's just my opinion, I'd actually like to see some hard data on what billionaires do with their time.
- randomdata 11y ago
  We can ascertain that at least 50 billionaires are classified as farmers[1] in the USA. How involved they are with the operation is more difficult to quantify, but being completely hands off would surprise me. Even for my own farming operation, it only takes about four weeks out of the year of my time. It's not like I'm up at sunrise 365 days per year, breaking my back until sunset, like some people seem to picture. I consider it to be my vacation away from the day job as a programmer. I mean, what is more fun than operating highly advanced heavy equipment that costs more than high end sports cars? I can't imaging having billions of dollars at my disposal making that less exciting – it is a tech nerd's paradise. [1] http://www.forbes.com/sites/bethhoffman/2013/11/07/50-billionaires-receive-unnecessary-farm-subsidies/ http://www.forbes.com/sites/bethhoffman/2013/11/07/50-billio...

crimsonalucard 11y ago

I think most people wouldn't go into farming. They'd use the billion dollars to chase some crazy dream, retire, party hard, spend extravagantly, go on vacation, travel the world, start a new venture... anything but farming or doing something totally plain... but that's just my opinion, I'd actually like to see some hard data on what billionaires do with their time.

randomdata 11y ago
We can ascertain that at least 50 billionaires are classified as farmers[1] in the USA. How involved they are with the operation is more difficult to quantify, but being completely hands off would surprise me. Even for my own farming operation, it only takes about four weeks out of the year of my time. It's not like I'm up at sunrise 365 days per year, breaking my back until sunset, like some people seem to picture. I consider it to be my vacation away from the day job as a programmer. I mean, what is more fun than operating highly advanced heavy equipment that costs more than high end sports cars? I can't imaging having billions of dollars at my disposal making that less exciting – it is a tech nerd's paradise. [1] http://www.forbes.com/sites/bethhoffman/2013/11/07/50-billionaires-receive-unnecessary-farm-subsidies/ http://www.forbes.com/sites/bethhoffman/2013/11/07/50-billio...