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AverageOldGuy

(4,397 posts)
10. I've known one person whom I consider wealthy
Tue Jun 30, 2026, 04:23 PM
Tuesday

Two years older than I. My mother was his office manager.

His father started selling casualty and property insurance. He inherited the family business and grew it hugely. He and his wife lived in the modest house they inherited from her parents, over time added a room or two. Drove used cars. Had no household help. Taught Sunday School and adult Bible study. Gave to homeless shelters, women and children issues.

Both died two years ago within weeks of each other. They left an estate valued at around $175 million. Their will instructed their attorney exactly how to GIIVE EVERY PENNY OF IT TO LOCAL NON-PROFITS; not one penny to their two kids.


Their son and daughter inherited the business. Son started in the business as a janitor with an MBA, daughter as a secretary with degree in accounting.. They renovated the old house then donated it as a halfway house . Son runs the insurance side of the business, daughter runs the accounting firm. They drive old cars.


Trump would call them losers.

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