- Written by Dr Robert McCaffrey, Editor, Global Cement Magazine
At one recent event I attended, an unusual topic that came up (almost inevitably 'at the bar') was 'What would you do if you won £1m on the lottery?' For international readers, that's probably Euro1.2m or US$1.5m.
Well, nowadays, you can't do an awful lot with it: in fact, they have worked out that with the ravages of inflation, you need to have about UK£3m in the bank to be able to live the life of a millionaire (or at least a millionaire in the 1970s, the last time that a million pounds was really a lot of money). So, to give myself a little bit of leeway, I'd like to consider what I'd do with UK£10m. (The latest 'Rich List' for the UK requires that you have at least UK£70m to be in the top 1000 richest people in Britain, so £10m isn't that much).