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Miscellaneous Ramblings - I’m Rich Edition

written by John Chow on May 2nd, 2008

World’s First $2 Billion House

For most people, their house represents the bulk of their net worth. However, this rule doesn’t apply to Billionaires. And when you’re worth $43 billion, like Mukesh Ambani is, you can afford to spurge a bit for a crib.

Mr. Ambani was a feeling a need for more space in his new place and decided to build his house on top of his the 22-story Mumbai Tower. When completed, the residence will reach 550 feet into the sky and offer 400,000 square feet of living space. Total cost: $2 billion.

Kind of makes Bill Gates’ $125 million home look like some sort of slum. Check out what kind of house $2 billion buys.

Dot Com Lifestyle Rules

Fellow Dot Com, Stephen Fung, retired from the work-a-day life two years ago and as it often happens when one no longer has to keep track of the calendar, he forgot his retirement anniversary. Don’t worry about it Stephen. I forgot your retirement anniversary as well.

Mostly Lisa’s $100,000 Backend Advertising

Inspired by my speech at WordPress Camp, Lisa Bettany has came up with a very innovative way to make money online. Canada’s sexiest blogger is offering “Backend Advertising.” The cost is only $100,000. Any takers? I personally feel Lisa can get more money by going to a “per cheek” pricing model.

Twitter In Plain English

Have you been wondering what all the fuss over Twitter is about? Well, Michael Kwan dug up this cool video that explains it in plain English. If you haven’t already done so, follow me on Twitter.

JM said on May 2nd, 2008 at 8:45 pm

Nice idea. Another unique way to advertise “Backend-advertising”.

Reply to this comment
Chris Jacobson said on May 2nd, 2008 at 9:55 pm

Do we get to see the backend in the buff before we make up our minds on whether to buy advertising or not? :razz:

Reply to this comment
MR. NICE GUY said on May 3rd, 2008 at 6:07 am

Hahaha her butt costs that much…what a blogger. Her blog is great. I like it very much.

Reply to this comment
nerissa said on May 4th, 2008 at 12:14 am

“Backend-advertising”.help allots specially to a new marketers who just start up there business. As well as innovation of the company.

Reply to this comment
Chetan said on May 2nd, 2008 at 8:52 pm

Haha $100,000 advertising space :D :P

Btw Mr. Ambani’s home news is a very old one, and the construction has started already!

Reply to this comment
Michael said on May 2nd, 2008 at 8:56 pm

That Twitter in Plain English video was created by Commons Craft. They’ve also got some other great videos explaining complex things in a simple way so that everyone can understand - http://www.commoncraft.com

Reply to this comment
Mostly Lisa said on May 2nd, 2008 at 9:13 pm

per cheek hmm. i like your thinking! 2 > 1.
ps. i’m strangely distracted by your dancing love bananas. chachacha!

Reply to this comment
Terry Tay said on May 3rd, 2008 at 5:05 pm

Perhaps you should take a page from the dancing banana book and create an animated gif image of your butt ad doing the cha cha cha :wink: Shake that money maker :lol:

Not that that butt doesn’t get a lot of attention as it is now :wink:
~Terry

Reply to this comment
Stephen said on May 2nd, 2008 at 9:13 pm

I’d like to tap that…Ad! :mrgreen:

Reply to this comment
John Chow said on May 2nd, 2008 at 9:56 pm

And the butt jokes begins. :twisted:

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MR. NICE GUY said on May 3rd, 2008 at 6:11 am

John you can also sell your butt hahaha. Lisa’s butt is very expensive. :grin: :grin: :grin: :grin: :grin: :grin: :grin:

Reply to this comment
david cheong said on May 2nd, 2008 at 10:36 pm

Seriously, $100,000, wooo, thats cool.

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Thiago Prado said on May 2nd, 2008 at 10:40 pm

- Instead of spend $2 Billions in a mansion this billionaires should use their money in better causes like decrease the poverty in Africa.
- I wouldn’t advertise in the butt because it’s too flat. I like rounded ones.
- The video was really interesting. Simple and informative.

Reply to this comment
John Chow said on May 2nd, 2008 at 11:12 pm

Before you criticizes someone for not using his money to decrease poverty in Africa (or give to any charities), ask yourself how much you have given. If the answer is zero, then you have no right to criticize. And for your information, Mr. Ambani gives 100’s of millions every year to charities. If he wants to spend $2 billion on a house, I say more power to him!

Reply to this comment
Conservatives and Normals said on May 3rd, 2008 at 6:11 am

Man, after donating hundreds of millions of dollars, all he has left is enough money to buy anything he or his family could ever want… What a sacrifice.

Reply to this comment
Conservatives and Normals said on May 3rd, 2008 at 6:16 am

And yes, I donate my time and money to charities, and I don’t even own 1 house yet. I’m not saying there is anything wrong with buying a 2 billion dollar house, or a 100 billion dollar house for that matter, but billionaires don’t impress me when they donate millions of dollars, it’s like they dropped a penny out of their pocket, yet we praise and give them all the publicity they want.

Reply to this comment
nerissa said on May 4th, 2008 at 12:19 am

Your right,Why we need to buy 2 billion dollar house,when we know that there are allot of person need a shelter,lot of people who don’t eat in they cant sent there self to school because of poverty.

Reply to this comment
Thiago Prado said on May 3rd, 2008 at 7:45 am

I criticize because even though I make little money I donate money to poor people in Brazil to buy food and stuff.
Spend too much money in house that he isn’t even gonna use 1/10 of the space is a quite waste of money. Doesn’t matter how much money he makes, he could save so many lives with this money.

Reply to this comment
Joke Cricket said on May 3rd, 2008 at 9:06 am

Reliance Industries is a big name in India and Ambani brothers are not like others they do spends money in charity.

Reply to this comment
Raul said on May 2nd, 2008 at 11:09 pm

I think Lisa’s advertising model is good but can be improved with your “per cheek” strategy.

Reply to this comment
MItch Baldwin said on May 2nd, 2008 at 11:23 pm

In response to Twitter info.

@CoachDeb and @WarrenWhitlock are coming out with the Twitter Hanbook, here’s a link to their blog. http://www.twitterhandbook.com

@MitchBaldwin

Reply to this comment
Mike Huang said on May 2nd, 2008 at 11:59 pm

I wonder how “SEXY” Canada’s top blogger really is? :P

-Mike

Reply to this comment
Paolo U said on May 3rd, 2008 at 12:58 am

I like to hold that ads.

Reply to this comment
Norhafidz said on May 3rd, 2008 at 1:26 am

Would like to ‘be the ads’ :twisted:

Reply to this comment
Binh Nguyen said on May 3rd, 2008 at 1:51 am

Does Twitter make you any richer? Or is it just for your real close friend who would be interested in knowing what u r doing? Not about commercial, right?

Reply to this comment
Conservatives and Normals said on May 3rd, 2008 at 6:18 am

Yeah, that Twitter ad made me feel like it was geared for 12 year olds. “Update: 0918; I just farted”

Reply to this comment
Barbara Ling said on May 3rd, 2008 at 2:38 am

That reminds me of all the eBay auctions that ranged from “Advertise on my Chest” to “Advertise on my Bicep” to “Advertise on my Pet” to…. very creative ideas indeed.

I personally liked the advertisements that were put on top of warehouse roofs close by the airport - everyone flying in on a plane would see them.

Enjoy,

Barbara

Reply to this comment
broalex said on May 3rd, 2008 at 8:01 am

:mrgreen: Haven`t tried twitter yet , must give it a try.

Anyone that would have that kind of money (43$ billion) would spend some on a nice crib to impress his girls. ;)

Reply to this comment
team ray said on May 3rd, 2008 at 9:04 am

you would think 43 billion would be enough to impress them :oops:

Reply to this comment
team ray said on May 3rd, 2008 at 9:02 am

excuse the girl and back to thread at hand.

2 billion for a house wtf wtf wtf wtf wtf wtf wtf wtf wtf wtf wtf wtf

Reply to this comment
Joke Cricket said on May 3rd, 2008 at 9:15 am

Twitter Video is great..thanks.

Reply to this comment
Ari Lestariono said on May 3rd, 2008 at 9:35 am

Dear John,
I learnt so much from your blog,I know it must be hard working to build up link from scratch and make steady income 5 figures per month,I hope to learn more with your techniques,I am only newbie and looking forward to progress more each day.

Regards,
Ari

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Conservatives and Normals said on May 3rd, 2008 at 10:51 am

Ari,
I think John would have this advice to say for beginners. Branding: Make your website or blog your own. Don’t attach “blogspot” onto it. You’re just giving them free publicity. Get hosting from Bluefur or my favorite, BlueHost, and then upload your blogging software to their server. This will separate your website from the others, well, at least it’s a start! Secondly, work on grammar. People will not read what you’re writing, even if it’s the secret to life, if the grammar is poor. Good luck!!!

Reply to this comment
HeHeHunter said on May 3rd, 2008 at 9:53 am

Why would you need an expensive house that cost $2 billion anyway? :razz:

Reply to this comment
John Chow said on May 3rd, 2008 at 10:55 am

You need one when you’re worth $43 billion? :mrgreen:

Reply to this comment
HeHeHunter said on May 13th, 2008 at 12:51 am

The house already cost 1/21.5 of $43 Billion.

John, I wonder when you will have such luxury. I hope you will invite me by then. :mrgreen:

Reply to this comment
HeHeHunter said on May 3rd, 2008 at 10:00 am

$2 Billion VS $135 Million is a huge win by the way.

I wonder what will Biil Gates do.

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Siddharth said on May 3rd, 2008 at 10:00 am

Today when I was reading this story in my newspaper I wasn’t aware that this will be that big. Off course Mukesh is building the most expensive home ever. But I think, a big house in area with greenery will be better than a tall one. But where will you find land in Mumbai for that? :mrgreen:

Reply to this comment
Paul B said on May 3rd, 2008 at 11:04 am

I was going to do that same type of advertising on my Speedos. I have room for 12 1inch characters if anybody is interested?

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Clickusername said on May 3rd, 2008 at 11:33 am

so I guess there will be a discount after a cold swim?

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make150aday.com said on May 3rd, 2008 at 11:20 am

I think thats a joke–referring to the ad on the butt.
How about on the front or on the bra–may be thats coming next, and should fetch even more $$.
Sometime ago there were pregnant women selling ads on their bellies. Saw them on yahoo.

What can i say–Another way to market your blog–Good Luck.

Reply to this comment
Affiliate Confession said on May 3rd, 2008 at 1:08 pm

I saw this house in Forbes Magazine at B&N. Insane, who in the world needs 400,000 square feet to live in?

Reply to this comment
Thiago Prado said on May 3rd, 2008 at 1:56 pm

Maybe he’s gonna use the house to play hide and seek with the kids.

Reply to this comment
XLOR said on May 3rd, 2008 at 2:01 pm

Very advantageous offer by Lisa.
I think everybody must think about it))

Reply to this comment
Terry Tay said on May 3rd, 2008 at 5:09 pm

After seeing Lisa’s “Backend advertising” I have NO CLUE what the rest of this post is about. Sorry John, I was completed distracted and couldn’t read your post.

btw…Can I borrow $100,000? :lol:
~Terry

Reply to this comment
Flimjo said on May 4th, 2008 at 8:37 pm

I wish the ad had shown . . . a bit more.

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broalex said on May 3rd, 2008 at 5:16 pm

:mrgreen: Guys don`t you sometimes give away stuff you don`t need?! … That stuff for Mr. Ambani is unfortunatelly money :D It is simply too much !! $43 billion could feed around 50 generations so why not buy a nice place to live with your family and loved ones? :D:D :twisted:

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Abhishek Kumar said on May 3rd, 2008 at 6:40 pm

This shows, rise of India as a big economic power. In Forbes richest persons list, in first top ten positions 4 slots are acquired by Indians.

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CBOE History said on May 4th, 2008 at 12:29 am

Sick house! It must be nice to be that rich huh?

Yeah, a 2 cheek pricing model would make more sense. She’s so skinny that she may only have 1 though.

:O)

Reply to this comment
Sha said on May 4th, 2008 at 7:51 am

I heard about that house last month or the month before. That’s ridiculous.

As for the ad idea - genius. It just gave me a different advertising idea…

Reply to this comment
Affiliate17 said on May 4th, 2008 at 5:56 pm

Yeah it just goes at least one billionaire likes to live it up a bit.

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Flimjo said on May 4th, 2008 at 8:36 pm

Nice to see what big money can bring. It certainly inspires me to GET MOVING. Although . . . I don’t need a $2 billion house. :mrgreen:

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Syed Balkhi said on May 5th, 2008 at 5:32 am

I think he is thinking long term in saving money for party reservations and such :P hahahahha lol

or maybe just trying to be more convenient … no more going to the hotel and coming back home drunk…

Reply to this comment
Affiliate Confession said on May 5th, 2008 at 4:19 am

I don’t remember my exact retirement anniversary, but it was some time in April, three years ago. I love the work at home lifestyle.

Reply to this comment
Syed Balkhi said on May 5th, 2008 at 5:21 am

I like that 2 Billion dollar house … wondering why in Mumbai ?? I would rather have it in more of a quieter place .. Mumbai is too busy and crowded

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Johnny C. said on May 5th, 2008 at 10:47 am

As far as some comments, I don’t understand why some people who are against making money spend so much time on a making money blog.

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Affiliate17 said on May 6th, 2008 at 9:32 am

This is really nice. Obviously we as affiliate marketers cannot reach this amount of income. However if we take our earnings in affiliate marketing and invest in the right places we can get somewhere. How did Prince Alwaleed Bin Talal get rich from a $30K loan? He invested in the right places and now hes worth $29 Billion. The stock market is a great place to invest. Anyways for now we’re in affiliate marketing.

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Financial Jesus said on May 14th, 2008 at 10:13 am

I have actually never used Twitter or not even been to their website, but I agree the video makes a lot of sense and clears some stuff up that I wasn’t really sure about before. I wonder how long will it take before I give up and register at twitter… :grin:

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