Very admirable, though the headline hints he amassed this fortune solely through saving a modest paycheck when he was a banker earlier in his career and received a "sizeable inheritance".
title seems somewhat editorialized to make one wonder how a social worker had $11M to give.<p>> He said Naiman received a sizable inheritance when his father died, which added to his fortune<p>how much of it can be attributed to frugalness remains questionable.<p>a great deed, nevertheless.
I think the most important thing here was that Alan had a good heart and donated all his money to charity very willingly, he could have spent it all at the end of his days. I applaud his efforts.
I'm glad he bought the FR-S, so he at least enjoyed something for his years of labor.<p>As for accumulating $11M, it's not surprising. Decades of spending less than you earn, combined with wise investing, are known to produce riches even for modest earners. (Of course the inheritance must have helped. But I bet he'd be well off even without it.)
As an accountant my observation is, the skills required to make money and spend money are very different.<p>The time and effort most people put into the former is much greater over a lifetime than the latter.<p>In this case you can see what happens when the rule flips.
Social workers don't earn $11M in a lifetime, and are unlikely to earn $2M total - this type of wealth cannot be amassed by frugality.<p>This is irresponsible journalism.