Man Who Looked Homeless Donates Millions To His Town
With his worn-out flannel shirt, torn-up jacket and years-old baseball cap, Ronald Read, of Brattleboro, VT, often received unsolicited help from locals. According to his lawyer, he was the recipient of many acts of kindness, from getting a knitted hat to having breakfast purchased for him.
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Despite his raggedy appearance, Read wasn't homeless. Instead, the World War II veteran, who was described as "unassuming," was just a penny pincher. He avoided spending money and did his best not to be wasteful. Before retiring, he worked as a part-time janitor after working as a mechanic for several years.
Even though his jobs weren't particularly lucrative, Read secretly had a high-paying hobby. He knew his way around the stock market, specifically "dividend-producing stocks." When Read's law firm retrieved his estate and financial documents upon his death, they were shocked to learn that he was worth "more than 8 million dollars."
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He may have lived simply, but he made sure to give back—in a big way—to the town that was always so generous to him. In a press release, the law firm announced, "The estate of Robert Read made its first distributions to Brattleboro Memorial Hospital and the Brooks Library in the amounts of .8 million and .2 million." He also gave a chunk of his estate to friends and stepchildren.
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