50 million is a bit short but I'll try to do my best !
* First thing : being a member in a concierge company, maybe Quintessentially ...
* Open an account in a private bank in Geneva (Rothschild Bank maybe) and ask for the black amex
* Shopping session : (I live in Paris for the moment, so I would surely go to the av Montaigne). You can go shopping later in the night too (re-open the shops is always a cool thing to do).
Empty the Brioni store, erase the stock of Cartier, buy all the limited edition of ST Dupont ... you get the picture : )
* After that, a bit of clubbing maybe, to chillout you known, shopping IS exhausting !
Choose the best club in your city and ... well ... repaint the club with vintage Dom P?gnon (And ruin you newly acquired Brioni suit by the same occasion)
* Buy an expensive and dangerously fast car (Ferrari FXX anyone ?)
* Get you hand on an ridiculously expensive watch (what about a Patek Philippe pocket watch 1932 (more than 30 complications))
* Drive to the nearest airport, and while speeding up on the freeway, call Quintessentially to have a private jet ready (Gulfstream G150 ?)
* While on board, buy a private island (16 hectares IS enough) everywhere you want (Nicaragua is a good spot)
* Maybe a yacht is a good idea to go to your island ? so it be ! Janie (157 feet) made by trinity yacht is a fine ship ...
* Buy a few condos in some of the finest city's in the world (condos in One Central Park in NYC, and in Sierra Towers in LA are a few examples)
* Chillout finally on the beach of your island, with a Cohiba vintage limited edition and a glass of ... lets say the limited edition of the Blue Label ... and think of what you are going to do tomorrow ...
Opera in Bayreuth (The Ring, Richard Wagner) ? Breakfast in Rome (Hotel de Russie) ? Carnival in Venezia (Hotel Cipriani of course) ? Movie preview in Hollywood (Mondrian) ?
Pick your choice !

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