General Discussion
In reply to the discussion: What Level of Wealth Do You Consider Evil? [View all]Tommy_Carcetti
(44,516 posts)But I had no idea that he was a multi-millionaire until after he died.
He was a friend of the family, went to our church. He was a lawyer who had a small boutique law business. He drove a Ford Taurus. His house was decent but otherwise unremarkable.
And yet, when it came time for me to go to college and I considered a private college, and while I was able to earn a partial scholarship the remaining balance was still way to hard for my family to foot without taking considerable loans.
And word got out to our friend, and he insisted on paying the remainder of the tuition. No questions asked, no strings attached. Just like that. Tens of thousands of dollars.
I'd like to say I was unique in getting this gift, but there were other people who he paid for their college education as well. Probably dozens, actually.
And he would pay for people's bills and medical expenses. He paid for a new church building. He would go out of his way just to cover what people could not afford on their own.
I always wondered how he had the ability to do all of this. From all appearances, he didn't seem insanely rich. While he had his law practice, it wasn't a huge mega firm or anything like that.
Sadly, he passed away. And only after he had died did we find out that he was in fact an heir to the fortune of a major Fortune 500 company that produces ubiquitous, every day products that we all know and use regularly.
So that type of wealth is undoubtedly an asset. But it all depends how it is used.