I think you need more then 1million for all that..the beach house alone would probably be more then 1 million.
BUT! I think I would settle with just a nice little house on the beach somewhere warm, nothing big because I don't want to take care of it and I don't see the need for something overly lavish like that. What are you going to do with 10 bedrooms? Instead of presents for friends I think I would arrange a big fun vacation for all of us together..something we'd never forget. Saving the money would be a good idea so people could come to me if they were ever in trouble..but I wouldn't be stupid and super nice about giving it away, thats how you get taken advantage of!
I think I'd spend most of my time beach witnessing..yeah that sounds pretty nice. Also, I would adopt lots of little asian girls and they can reveal to me the secrets of dressing as a high-fashion asian girl in NYC! Then I will be happy!
I could have all my friends live with me on the beachfront house, hahaha that would be cool