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Author He's almost done it!
MikeLamb
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Registered: 23rd Sep 03
Location: Crowthorne Drives: Veccy SRI
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30th Dec 05 at 18:44   View User's Profile U2U Member Reply With Quote

http://www.milliondollarhomepage.com/
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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30th Dec 05 at 18:47   View User's Profile U2U Member Reply With Quote

he will of done it by tomorrow night I reckon.

$1,000,000 in 5 months isnt too bad would hate to see his tax bill though
Butler
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Registered: 2nd Jun 05
Location: London
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30th Dec 05 at 18:48   View User's Profile U2U Member Reply With Quote

cosmo how is your doing?
John
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Registered: 30th Jun 03
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30th Dec 05 at 18:49   View User's Profile U2U Member Reply With Quote

It might already be done.
Hes got about 40000 backlog.
Mikorsa16v
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Registered: 2nd Sep 02
Location: Burgess Hill, West Sussex
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30th Dec 05 at 18:49   View User's Profile U2U Member Reply With Quote

last time i saw that there was a few 'pixels' filled in, now look at it!!!
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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30th Dec 05 at 18:50   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Butler
cosmo how is your doing?


on hold until he completes, there was no point in competing with the amount of press coverage he was getting. Once his is over their will still be a buzz about it so will possibly try something then, it really depends on the amount of time Ive got though, as got a few other things that are going to be keeping me extremely busy in the new year.
Haimsey
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Registered: 8th May 05
Location: Nottingham Drives: Corsa B
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30th Dec 05 at 18:51   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Mikorsa16v
last time i saw that there was a few 'pixels' filled in, now look at it!!!


yes full of random crap


Marcy Marc

White Sport Progress Thread
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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30th Dec 05 at 18:52   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Mikorsa16v
last time i saw that there was a few 'pixels' filled in, now look at it!!!


it slowed down loads, then he went to america towards end of Nov and did a big press tour for 5 days and it all went crazy again!
MikeLamb
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Registered: 23rd Sep 03
Location: Crowthorne Drives: Veccy SRI
User status: Offline
30th Dec 05 at 18:53   View User's Profile U2U Member Reply With Quote

Yea, hes done well..

Far from a millionaire though.. after tax, paypal fees & hosting etc
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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30th Dec 05 at 18:55   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by MikeLamb
Yea, hes done well..

Far from a millionaire though.. after tax, paypal fees & hosting etc


his hosting would of been free, as had a huge advert for them on it. Probably something worked out with Paypal for smaller fee's aswell.

Tax however will be a killer, will lose around 35% of that easy.
MikeLamb
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Registered: 23rd Sep 03
Location: Crowthorne Drives: Veccy SRI
User status: Offline
30th Dec 05 at 19:00   View User's Profile U2U Member Reply With Quote

I think I worked it would be about £365k after tax & fees.

No doubt he lost some through fraud too!
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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30th Dec 05 at 19:06   View User's Profile U2U Member Reply With Quote

At today's rates $1,000,000 works out to be £580,000 approx.

Im not sure what the current bands and % are on corporation tax, or if he even had a business set-up to handle the money coming in as profit (if so he could get round paying some of the tax).

If not he would give about 40% of that away through tax and other expenses so would end up with £150k ish, so yeah around that figure.

Either way once you have £350k its not hard for a smart guy with good business sense (as he obviously has) to turn it into a hell of alot more!
MikeLamb
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Registered: 23rd Sep 03
Location: Crowthorne Drives: Veccy SRI
User status: Offline
30th Dec 05 at 19:29   View User's Profile U2U Member Reply With Quote

God yea, no doubt hes done really well for himself.

 
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