Meet Russ Gremel, the 98-year-old, who donates all of his money to a wildlife sanctuary.
Gremel invested $1,000 in the pharmacy chain Walgreens 70 years ago. Thanks to this investment, Gremel became rich. However, instead of buying unnecessary things for himself, he chose to donate all of his profits to the Illinois Audubon Society.
The society is putting the money in good use in the 395-acre Gremel Wildlife Sanctuary to protect wetlands in Amboy.
Many years ago, Gremel’s brother advised him to buy $1,007 of stock in Walgreens, convincing him that people will always buy medicine and women will always purchase makeup. In the meantime, Walgreens’ revenue grew, and Gremel may have cashed out for millions of dollars.
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Although Gremel made a lot of money, he didn’t want to keep it. He revealed that he is just a simple man who likes to eat stew and oatmeal and last drove a 25-year-old Dodge.
Nowadays, the Gremel Wildlife Sanctuary is the home of 200 bird species, rare turtles, and more than 400 plant species. Gremel helped the Illinois Audubon Society to buy the land with his money. The society also received a grant from the Illinois Clean Energy Community Foundation.
At first, Gremel wanted to leave his stock to the Illinois Audubon Society, but then he changed his mind and decided to give it away. He wanted to see the property they’d buy with it while he was still alive. He grew up hiking and camping so he believes nature is important.
In a video, Gremel said that he wanted to use the money to do good in the world. “That’s what money is for,” he said. “If you can’t do good with it, don’t have it.”
The 98-Year-Old man who donates all his money should be example for all of the rich people
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