It looks like we have another controversy involving the last will and testament of an elderly Surprise Millionaire. This gentleman’s grand-nephew has been cheated out of his inheritance due to the involvement of some unsavory characters. Like I have said in thepastto all of you potential Surprise Millionaires out there, make your wishes known. Better yet, write a will with the help of an attorney that will stand up in the court of your jurisdiction against anyone who might file a false claim. Surprise Millionaires work far too hard to have their fortunes disbursed in a way other than what they wanted.
However, I am happy to report that those “unsavory characters” are getting their just desserts and they are learning that crime doesn’t pay!
There has been a flurry of news reports coming from the Pacific Northwest over the past few months regarding donations made from a multi-millionaire’s estate. Organizations
ranging from local museums to state parkshave received assistance from a trust set up by millionaire Elizabeth ‘Bette’ Ruth Wallace.
So who was this Bette Wallace? Was she some high society grand dame looking to leave her mark through philanthropy? Or maybe a high powered executive who had earned top dollar during her career? No, Bette was neither of those things but was still pretty grand none the less.
Bette and her husband Bryan were the owners of a small drug store that they worked very hard to make a success. Through that hard work, the Wallaces were able to grow a little nest egg. After Bryan’s passing, Bette took that little nest egg and invested in several rental properties in a northern California area to bring in some income. It just so happened that in the years that followed, that particular northern California area, the one where Bette had her little rental properties, would go on to be renamed Silicon Valley! Much to her ‘surprise’, Bette had become a ‘Surprise Real Estate Mogul’.
However despite this financial windfall, Bette never lived extravagantly and always stayed just the same person she had always been. It was this ‘surprise’ real estate empire which allowed Bette to leave such a wonderful legacy to the communities in which she had called home. It seems Bette found the right ‘prescription’ for success.
Frank Stern was a no nonsense businessman with the stated goal of making as much money as possible. This in and of itself sounds pretty ordinary for the business world. However, it was Mr. Stern’s reasoning for making that money which set him apart from other entrepreneurs. You see, the more money Frank made, the more he would be able to leave behind for the benefit of his community. Frank was low-key, frugal, and a great investor who wasn’t about to spend an extra dime that could be put to better use. He followed this pattern even if it meant driving miles out of his way to avoid the dreaded toll bridge in town! Frank and his thrifty ways resulted in a great windfall for his community.