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re: Minecraft creator buys ridiculous $70 million mansion in Beverly Hills

Posted on 12/19/14 at 1:08 pm to
Posted by carhartt
Member since Feb 2013
7671 posts
Posted on 12/19/14 at 1:08 pm to
quote:

a chromed Ma Deuce machine gun




When you spend $70 Million on a house you might as well have the most insane home defense weapon you can find.





(I seriously doubt it's operational)
Posted by WaltTeevens
Santa Barbara, CA
Member since Dec 2013
10950 posts
Posted on 12/19/14 at 1:12 pm to
I remember back in the days I delivered pizzas in this rich part of town. When I'd get up towards the top of the hills, I'd start seeing houses that look like this from the outside. I always remember thinking "Those houses look kind of modest for rich people"

Guess I was way off
Posted by Napoleon
Kenna
Member since Dec 2007
69047 posts
Posted on 12/19/14 at 1:17 pm to
I agree. My 8 year old nephew was in town and was building all kinds of machines from the redstone circuits. He was learning relays, nor gates, and all kind of basic electronic flow, and schematic understandings. I thought it was awesome, at eight, I couldn't understand how a switch worked, then make a repeating switch using relays and such. There is a lot of stuff in the game.
Plus the games core is collecting resources to build things. The entire game is very educational. Then it also gives them adventure, and battles. It's a great game, because it's so many games, with an expansive universe.

I agree that it's one of the best games ever.


Posted by SippyCup
Gulf Coast
Member since Sep 2008
6138 posts
Posted on 12/19/14 at 1:22 pm to
He outbid Beyoncé and Jay z.
Posted by HempHead
Big Sky Country
Member since Mar 2011
55438 posts
Posted on 12/19/14 at 1:26 pm to
quote:

He outbid Beyoncé and Jay z.



He paid in fricking cash.
Posted by DirtyMikeandtheBoys
Member since May 2011
19419 posts
Posted on 12/19/14 at 1:28 pm to
quote:

I remember back in the days I delivered pizzas in this rich part of town. When I'd get up towards the top of the hills, I'd start seeing houses that look like this from the outside. I always remember thinking "Those houses look kind of modest for rich people"



You were a good delivery boy. I hope I tipped enough.
Posted by DirtyMikeandtheBoys
Member since May 2011
19419 posts
Posted on 12/19/14 at 1:29 pm to
quote:

He paid in fricking cash.


Guess he never learned any finance while he was learning computers and gaming stuff.
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92876 posts
Posted on 12/19/14 at 1:30 pm to
Why would buying in cash help him get it over Beyoncé and Jay-Z? I am sure they would be approved for that loan with a phone call.
Posted by jmcs68
Member since Sep 2012
40401 posts
Posted on 12/19/14 at 1:31 pm to
Meh. Not my style
Posted by DirtyMikeandtheBoys
Member since May 2011
19419 posts
Posted on 12/19/14 at 1:32 pm to
quote:

Why would buying in cash help him get it over Beyoncé and Jay-Z? I am sure they would be approved for that loan with a phone call


I know right, I guess some people don't understand that when you finance a home the seller does in fact receive cash from the bank.
Posted by HempHead
Big Sky Country
Member since Mar 2011
55438 posts
Posted on 12/19/14 at 1:35 pm to
I wasn't insinuating that cash was the reason for his winning the bid. It's just baller as frick to throw down $70MM in cash for a house.
Posted by ILikeLSUToo
Central, LA
Member since Jan 2008
18018 posts
Posted on 12/19/14 at 1:35 pm to
Lots of Jelly School scholars in here.
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92876 posts
Posted on 12/19/14 at 1:36 pm to
Yes it is baller
Posted by Rickety Cricket
Premium Member
Member since Aug 2007
46883 posts
Posted on 12/19/14 at 1:37 pm to
I'm sure there's a multitude of ways he could have financed it, but at the end of the day, he has enough money to NGAF.
Posted by DirtyMikeandtheBoys
Member since May 2011
19419 posts
Posted on 12/19/14 at 1:38 pm to
eh, I'd say it's more baller to take that $70M and put it into a fund that will generate 8-12% annual ROI and finance the house at a rock bottom rate and cash flow the entire situation so you end up generating income on your cash instead of sinking it into a static asset.
Posted by DrRogers
Baton Rouge
Member since Jul 2014
581 posts
Posted on 12/19/14 at 1:39 pm to
I hated living there.
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92876 posts
Posted on 12/19/14 at 1:39 pm to
It's still stupid to pay with cash when he could have gotten a loan at a lower rate than any of us, invested the money and earned a higher rate than he is paying AND written off any interest if it's his primary residence.
Posted by ChewyDante
Member since Jan 2007
16914 posts
Posted on 12/19/14 at 1:41 pm to
I feel like I could design a way more awesome house than that on a $70 million dollar budget. Like way more awesome.
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83927 posts
Posted on 12/19/14 at 1:42 pm to
Me too Chewy
Posted by DirtyMikeandtheBoys
Member since May 2011
19419 posts
Posted on 12/19/14 at 1:42 pm to
quote:

It's still stupid to pay with cash when he could have gotten a loan at a lower rate than any of us, invested the money and earned a higher rate than he is paying AND written off any interest if it's his primary residence.


Not understanding simple shite like this is why most athletes and celebs go broke.
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