New documents have revealed how a massive lottery winner from the EuroMillions jackpots burned through most of his cash before dying at 71, Fox News reports.
Colin Weir, of North Ayrshire, Scotland, won the equivalent of approximately $258M (£161M) in 2011 before losing much of it through a divorce, leaving him with around $81M.
He would spend another $50M before his death, when he dished out an additional million for his family at the time of his passing. This left his two children to inherit around $30M of the original massive sum.
Weir and his wife initially bought a mansion for nearly $6M in London, England, a 16th century home called the Frognal House.
The man went on to drop nearly $132,000 per week in the final years of his life, making large investments and purchases before passing away from sepsis and “acute kidney injury.”
His luxury car purchases included a Jaguar F-Pace SUV, a Bentley Arnage, a 2019 Mercedes-Benz V Class and a Mercedes-Benz E Class Estate.
Weir also purchased a $1.3M seaside home called “The Mansions,” a 4,500 square foot home.
Along with additional investments in racehorses, Weir was a rather charitable man. He established the Weir Charitable Trust, which helps fund a youth theatre, emergency blood transportation services, a cricket club, and more.
In his biggest endeavor, Weir purchased a controlling 55% share of the Glasgow, Scotland, soccer club, Partick Thistle F.C. After paying off the team’s debt and funding their youth academy, Weir handed over his shares to a fan-controlled group, making the team’s supporters the majority owners of the franchise.
Perhaps most the most controversial of Weir’s moves, the lottery winner donated to the Scottish National Party for an independence referendum campaign in 2014. Simply put, it was a referendum to leave the United Kingdom. The U.K. Supreme Court blocked a second attempt at a referendum in November 2022.
According to the Daily Record, Weir made three separate donations of around $1.2M (£1M) to the party, even running as a candidate in 1987, garnering less than 7% of the vote with what was described as a “poor fourth.”
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Author: Andrew Chapados
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