Jenny Wible was a proud American with european roots. Born in Germany, Jenny immigrated to the United States after marrying a U.S. serviceman in the 1950s. As part of her American dream, Jenny would eventually find herself working in of all places, Colonial Williamsburg, one of America’s founding communities. And this frugal hard working American wanted to give back to her adopted country and community in a big way.
I think everyone has probably heard of Warren Buffett, the Oracle of Omaha. His financial prowess is known the world over. But have you ever heard of the Oracle of Buffalo? No? Well you are going to now!
Meet Stephanie Mucha. This 100 year old lady is such an investment whiz that she has earned the nickname of the Oracle of Buffalo. Quite a compliment since it is a take on the nickname of the Oracle of Omaha himself. She has even had an article written about her in a premier investing publication.
Stephanie doesn’t give a lot of financial advice but she does have a wise word about facing life’s difficulties and challenges, “Keep a stiff upper lip.” I would also have to add, “and invest wisely”. I think these two things are truly the recipe for her success.
Our cousins over in the U.K. seem to be experiencing the Surprise Millionaire phenomenon themselves. A thrifty music teacher leaves a wonderful legacy to help children in Africa. Thank you Helen Ruddock for your wonderful gift that will provide clean drinking water for thousands in sub-Saharan Africa! I wonder, could the Surprise Millionaire phenomenon be going international?
L. Carl “Sammy” Goad, an almost lifelong resident of Homer Illinois, was a man with a secret. It was a secret known to only his closest friends and associates. It wasn’t until Sammy’s passing that his secret was finally revealed.
And Even the local news had something to say about it.
I have always known it to be true but now there appears to be some proof. The more thrifty a person is has a direct correlation to their happiness and life satisfaction. At least according to this article and the poll they reference. Now we know why our Surprise Millionaires always seem like such happy and content people!
Pennsylvania mechanical engineer, Raymond Suckling, lived a modest life. Fond of White Castle hamburgers and the chipped beef served at his local diner, Mr. Suckling would not be described as a connoisseur of the finer things in life. That is unless you count the fine quality of his friendships and his sterling character.
Mr. Suckling’s life did start out with what one might think of as somewhat privileged. The son of a business executive, Raymond was afforded a good education even after his father’s death when Raymond was only a boy. But it appears that the “silver spoon” stopped there. Mr. Suckling’s adult life was characterized by hard work, sound investing and a frugal, unassuming character.
As you can imagine, it was quite a shock to his friends and associates when they learned that Mr. Suckling had left an estate totaling $37.1 million to a Pittsburgh area charity.
Who would have thought that the man who was fond of Velcro sneakers, drove a Subaru and loved White Castle hamburgers was the same man who accumulated $37.1 million? No one, apparently! While some reports state that the majority of Raymond’s wealth was inherited, those who knew him best indicate that it was a combination of inherited and accumulated wealth due to Ray’s unassuming frugal ways.
Regardless of the origin of his wealth, it was Mr. Suckling’s unassuming thrifty lifestyle which allowed him to make such a dynamic impact on his community and change lives for the better.