We all dream to win the lottery one day. Some of the things that we might do are buy expensive houses, and luxury cars, and of course, quit our jobs. However, the burning question is – How quickly can you spend $50 million? We have a such man for you who burned through $50 million in winnings without hesitation. Colin Weir, a UK lottery winner, was one of the UK’s biggest-ever lottery winners. Weir raked in a massive £161 million ($200 million) EuroMillions jackpot in 2011.
At the time, it was the second-biggest-ever jackpot awarded by them which completely turned Weir’s life around. The man impressively managed to spend a quarter of his winnings before his death in 2019. After his passing in said year, documents revealed just how Weir spent his money. The money was spent on luxury property, and expensive cars, and used for investments in a soccer club. But he wasn’t all that reckless with his winnings. He also established a charitable trust called The Weir Charitable Trust.
UK lottery winner spent $50 million of his winnings
Weir’s charitable trust, unfortunately, became a victim of a scam in 2015. The scammers had apparently sent emails in their name to people offering them cash. The Scottish police had to ultimately weigh in and warn the citizens of such suspicious messages. Before winning the staggering amount, Weir worked as a cameraman for Scottish broadcaster STV. At the time, he was married to Christine, but the two later divorced in 2018. Christine was a psychiatric nurse. After the couple went public about their winnings, they were a favorite for the scammers.
Tragically, Weir passed away in 2019 from sepsis and acute kidney injury. He hailed from Largs in North Ayrshire. His remaining winnings were passed on to his children. Apart from this, Weir also spent his money on Scottish National Party’s independence campaign. Moreover, Scotland’s First Minister Nicola Sturgeon paid tribute to Weir after his death. She said that his demise had left her “incredibly sad.”
Colin Weir and his insane amount of spending
Nicola adds, “Colin’s determination and generosity in the cause of Scottish independence cannot be overstated and was hugely appreciated. The SNP and the independence movement have lost a true friend today and we will miss him dearly.” His last true investment came shortly before his death. Weir had bought a 55 percent share of Partick Thistle Football Club. But Weir did not hesitate in flexing his money. He spent £3.5 million ($4.3 million) on a home named Frognal House. Weir and Christine reportedly walked around the property for only 10 minutes and bought the house with all the fixtures. Moreover, they spent THOUSANDS on its renovation.
Weir’s wife ultimately got the Frognal House house post their divorce in 2018. But Weir still had enough money. He bought himself a £1.1 million ($1.4 million) seafront home where he lived until his death. The house was known as The Mansions. He also had his own fleet of beautiful cars. Weir reportedly bought a vintage Bentley Arnage, a Jaguar F-Pace SUV, and multiple Mercedes cars. Moreover, another shocking discovery was made at the time of his death. Weir owned artwork, furniture, and jewelry valued at around £212,000 ($262,000). He also invested in savings and investment bonds.
