TITLE

Stealth Millionaires

PUB. DATE
December 2003
SOURCE
Journal of Financial Planning;Dec2003, Vol. 16 Issue 12, p20
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents information on several people, who, by all outward appearances, lived in poverty yet were actually closet millionaires. A 90-year-old British man who watched television at a neighbor's house to save electricity and wore secondhand clothes has left behind $1.8 million. A homeless New Jersey woman died in a dilapidated hotel despite being worth than $1 million. A British spinster lived in an old house, wore worn clothes and died worth $10 million. Similarly, an 86-year-old man in Minneapolis, Minnesota lived in a modest house, did odd jobs and scavenged items from the street. He left $1.4 million to New York City after the September 11, 2001 terrorist attacks.
ACCESSION #
11673801

 

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