Update article on Rupert from Survivor

[palmtreegirl]

http://www.philly.com/mld/philly/entertainment/9195445.htm?1c

All the money he won is already gone, he had to pay 520,000 in taxes! So much for winning a million, huh?

 

[mommytotwo]

I wasn't able to view your link, but had read on the various things that he had spent his money on, such as a house, a college investment for his daughter, and he even gave money to the group that he works with.

 

[palmtreegirl]

Originally posted by mommytotwo
I wasn't able to view your link, but had read on the various things that he had spent his money on, such as a house, a college investment for his daughter, and he even gave money to the group that he works with.

This is from the article in the link-

The more than $120,000 he won between "Survivor: Pearl Islands" and "All-Stars"?


Gone.


The cool million he picked up after CBS allowed viewers to choose a second big "All-Stars" winner?


Gone.


Though he said that the show's much-hyped twist had been a surprise when it was announced on the finale, by the time he got to what he calls "the 'Who Wants to Make Rupert a Millionaire?' " show a few days later, "I had already started divvying it up."


"Spent it all," he said. "Spent every penny of it."


And here's where it went:


•_$110,000 to a college fund for his daughter in a tax-free account.


•_"I bought my mama's house [for about $150,000], which took a little finagling - I had to write a few different checks - because I didn't want her to get hit with any income tax on it," and he wanted it to remain in her name.


•_$100,000 for Rupert's Kids in his hometown, Indianapolis, which will do what he used to do: "Taking kids out of the system, teaching them how to get jobs, how to get work skills, social skills, get them apartments and get them out on their own."


•_"A couple of hundred thousand for me for our new house."


•_"$520,000 to the government."

 

[Evinrude]

I don't see the problem. He has his kids college education paid for (still paying off mine, haven't even thought about kids yet), flat out bought a house for his mum and himself, and still donated a bucket load to the group he works with. Not a bad way to spend your money. Personally I would have added a trip to WDW...

 

[Planogirl]

Rupert might have felt like he'd traveled enough for a while. I sure hope to see him again in some capacity.

 

[Robinrs]

If I won a million dollars I'd want it publicized QUICKLY that I didn't have ANY MORE MONEY, TOO!!

Good for Rupert. I love hearing things like this.

 

[Betsyt82]

Remember he did what he wanted to do and that is all that matters. Good for him. Looks like he made some sound decisions with all the cash left over from Uncle Wam.

 

[powellrj]

he does a lot of personal apperances in our area that I am sure he is paid for, and he spent his money on things that were important to him so with the exception of the huge tax bill, I would say he spent his money the way he wanted to. He is on the radio a lot and seems like a very likeable down to earth guy. (I have never seen the show so I didn't know about him before he won)

 

[Serena]

Good for him.

 

[Grog]

That's not bad. He seemed to know what he wanted to do with the money and he did it. What he did is way different from a million dollar lottery winner who blows the money on parties and limos and wakes up broke and unemployed one morning.

 

[Credit Man]

Well he is cashing in a little on his fame. He just made an apperance at the opening of a sporting goods store in my town.

 

[Indyman]

I don't blame him at all for cashing in on his fleeting fame.

Rupert Merchandise

Rupert Survivor T-Shirts

I would do the same.

 

[HollyJoy]

Good for him! Afterall, what good does it do just sitting in a bank account. It sounds as though he did good with the money. Besides, it's nobody's business what he does it with. He deserved it!

 

[jennyanydots]

wow, you made it sound like he just blew through the money -- when he actually invested it wisely. so who cares if his assets aren't liquid?

 

[waughzee]

He will be doing a meet & greet in my area in a couple of weeks! Can't wait to meet Rupert!

 

[waughzee]

He will be doing a meet & greet in my area in a couple of weeks! Can't wait to meet Rupert!

 

[waughzee]

He will be doing a meet & greet in my area in a couple of weeks! Can't wait to meet Rupert!