The Modest Millionaire Next Door

What a wonderful lady, of quiet generosity. She wasn't a captain of industry, she was a woman of industy. Tribune. Her legacy illustrates the value of holding a sound stock for the long haul and the marvel of compound interest:

Groner's estate, which stemmed from a $180 stock purchase she made in 1935, was worth $7 million.

The money is going into a foundation that will enable many of Lake Forest's 1,300 students to pursue internships and study-abroad programs they otherwise might have had to forgo. It will be an appropriate memorial to a woman whose life was a testament to the higher possibilities of wealth.

Go with God, Grace.

P.S. Another chapter of The Millionaire Next Door