Thursday, July 30, 2009


Richard Leroy Walters gave up all his personal possessions when he retired from his engineering job at Allied Signal Corp. He then became one of the homeless under Phoenix Mission until he died at the age of 76, and now you're thinking, so what's so special about him. Well, for a homeless being he sure is rich, he left $4 million worth in his estate.

According to Rita Belle, a registered nurse and the executor of his will, Richard Walters was an honors graduate at Purdue, a former Marine and he invested well. His millions will be divided to a few non-profit organizations including NPR, and a substantial monetary gift will also be given to the Phoenix Mission, where the two of them met.

Belle said that, Richard Leroy Walters never married and was estranged from his only brother, so she was the one who took care of him when he had gotten ill.

Below is an audio clip from NPR as they share the story of the Homeless Millionaire.

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