That is a conservative estimate, considering the rate at which his cash was squandered over a 30-year period.
The question is whether the occasional war wounds (red skin, uneven stubble, precious minutes squandered over the sink) are worth the spoils.
As a taxpayer as well as someone who's worked in public services, I'm well aware of how my local taxes have been squandered over the years.
It would be a useful service, though, if he'd estimate how much shareholder value Ryanair squandered over two decades by being so objectionable.
The government estimates that $48 billion in public funds has been squandered over the last 20 years because of corruption -- a figure that exceeds the nation's total foreign debt of $40.6 billion.
But every pound that has been squandered over the past four decades or that has flowed out of Fifa's coffers through corruption or incompetence is a pound that could have been spent on genuine football development.
Policing the program has become a cottage industry for federal investigators, who have found money squandered over the years on foolish projects and on things like company picnics, gifts and bonuses, and who have won quite a few indictments related to the grants.
Yet to realise predictions of a second "golden age of philanthropy" that would surpass Carnegie and Rockefeller, this new generation of philanthropists must not only give away lots of money, but do so more effectively than before.Mr Gates and Mr Buffett know that many billions of dollars have been squandered over the years by philanthropists, so they want to make their money work hard for them.
In October, Montag admitted that she had squandered over $1 million in earnings and that the couple were living with her in-laws rent-free.
It is part of the ongoing saga of Ms. Minnelli's career, a story of genuine talent squandered and regained over and over, a reputation shaped and reshaped by publicity that she seeks but can't always control.
