A Secret Gift From a Secret Fortune

“Few realized the reclusive old man had quietly amassed a fortune.”

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Don Slaughter was a man with a secret.  Known as a quiet man who kept to himself, Mr. Slaughter lived outside of his Oregon community in a 100 year old farmhouse built by his parents.  An able and capable woodsman, Don loved the simple life spending much of his time in the forest and lands surrounding his property.  However, what no one knew is that Don owned all of that said land and much much more.  You might actually call Mr. Slaughter a land baron of sorts.  And what he did with this secret wealth is truly heart-warming.

The Oracle of Buffalo

“Although adversity seemed to follow her, she eventually bounced back.”

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I think everyone has probably heard of Warren Buffett, the Oracle of Omaha.  His Stephanie Mucha (2)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.

The Thrifty Way To Happiness

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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!

Preserving A Legacy

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The long time Newcomb  New York business owner loved his community In fact, his family had been an integral part of the community since its early beginnings.   So it was no surprise that this generous man left a legacy that would be used to preserve Newcomb’s history and legacy for generations to come.

 

 

 

 

 

Going Vintage

Happy New Year

For all of you potential Surprise Millionaires out there who are dedicated to building Vintagewealth but want to look good while doing it, why not think about going vintage?  That’s right, vintage clothing could give you the look and style you want without breaking the all important budget.  Remember, good quality classically tailored apparel is always in style.  Over at cheatsheet.com they have published a great article about the dos and don’ts of shopping for vintage clothing.  Even for those of us who are not that fashion conscious, jazzing up an outfit with a vintage watch or pair of cuff links could give you that little something extra that will make you stand out from the crowd during a job interview or formal event.  This might be something to think about the next time you are tempted by that 75% sale at the local discount department store!

Ordinary People, Extraordinary Wealth!

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Today’s Surprise Millionaire typifies the very meaning of our saying, “ordinary people, extraordinary wealth”.  A woman who inherited a tidy sum but refused to let it change her lifestyle.  On the contrary, through saving and frugality that “tidy sum” eventually grew into a  wonderful legacy for her community.

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KREM2 NEWS SPOKANE, Wash. – Helen Stowell lived a simple life in West Central Spokane.

“Very simple. She was modest, unassuming. She drove an old Subaru. She gardened, pulled weeds. She walked the neighborhood with her neighbors,” said neighbor Linda Hawkins. “I’ve known her for 20 years. We used to exchange vegetables. She had her tomatoes and I had my squash.”

Stowell’s family first came to the Inland Northwest before the turn of the 20th century. Her grandfather opened a successful drugstore on Sprague Avenue.

Stowell did not know it, but her grandfather’s success would eventually supply her wealth.

“In the early 90’s, she became a multiple millionaire and really unknown to her that she had come into that kind of wealth,” said Mark Hurtuise, Inland Northwest Community Foundation CEO.

Following her passing, Stowell left $3 million to the Inland Northwest Community Foundation, a non-profit that awards grants and scholarships throughout the region.

A woman who lived simply her whole life suddenly donated millions of dollars; something that shocked her neighbors.

“It’s amazing. You never know about people. She didn’t need it, she kept it. She just used what she needed,” said Hawkins.

Stowell’s gift brought the INCWF over the $100 million mark.

“The byproduct of that is, it’s going to attract businesses to the community. It’s going to get other very wealthy people to start to think ‘Maybe I should leave what I have visa vi the Community Foundation to benefit the community,’” said Hurtuise.

Stowell’s choice to live a simple life will impact thousands.

“She didn’t use her resources, that kind of wealth, just to live a life of extravagance. The purity and honesty of her philanthropy was for the community and that’s really what’s to be celebrated here,” said Hurtuise.

Stowell’s donation has been placed in a fund benefiting animals, wildlife and the environment.