hey readers my name is grow with guru and i will talk about some of my past stories and in last we will talk about conclusion okay let's start today's story
I had a friend named Ronald. Ronald James Read was born in rural areas of America. He was the first person in his family to graduate high school, made all the more impressive by the fact that he hitched hiked to campus every day.
For those who knew Ronald Read, there wasn't much else worth mentioning. His life was about as low-key as they come. Read fixed cars at a garage for 25 years and swept floors at JCPenny for 17 years. He bought a two-bedroom house for $12000 at age 38 and lived there for the rest of his life. He was widowed at age 50 and never married. I recalled that his main hobby was chopping firewood.
Read died in 2014, at age 92. Which is when the humble rural janitor made international headlines
2813503 Americans died in 2014. Fewer than 4000 of them had a net worth of $8 million when they passed away. Ronald Read was one of them
In his will the former janitor left $2 million to his stepkids and more than $6 million to his local hospital and library
Those who knew Read were baffled. Where did he get all money?
It turned out there was no secret. There was no lottery win and no inheritance. Read saved what little he could and invested it in blue chip stocks. Then he waited, for years on end, as tiny savings compounded into more than $8 million
That's it. From janitor to philanthropist. A few months ago Ronald Read died