What Ted Johnson, Former UPS Employee, Did With $ 70 Million

I was at home with my son one night watching Tony Robbins videos on YouTube when I came across this random video player, which I have no idea why I pressed play at the moment. But 7 minutes later, I got my answer.

Have you ever dreamed of leaving a legacy for future generations? I’m sure it is, but this remarkable story about former UPS executive Ted Johnson is more supernatural than anything you’ve ever read.

I am honored to share this story with you because I heard this story at the perfect time, in the perfect place in my life, and with the perfect person by his side: my 4-year-old son Zachary. I’m not a huge hockey fan, but I got the hat-trick the night I came across this story about Ted Johnson, a superhero like a 90-year-old former UPS executive who racked up a mountain of cold. cash turning a measly $ 14,000 a year salary into $ 70 million upon retirement.

After doing my due diligence, I discovered an article published in the New York Times on October 15, 1991, that interviewed Theodore R. Johnson at his apartment in DelRay Beach, FL. Johnson was a fairly hard-working man, just striving to live a humble existence, while avoiding all the red carpet fame and fortune that would typically accompany his “Mother Teresa” antics.

Johnson ended up with a $ 70 million investment fund for doing the right thing: paying himself first throughout his career, each and every week.

This man is the spokesperson and representative of the “holy grail” of each one of the savers who gave everything. He increased his savings by purchasing as many stock option shares as he could in The United Parcel Service, Inc (UPS) before retiring as vice president of labor relations in 1952.

So what did he do with his $ 70 million you want to know? Johnson donated $ 36 million to various charities: created a scholarship fund for the children of UPS employees ($ 7.2 million) and is responsible for the largest donation to the American Indian College Fund in the organization’s history ($ 3.6 million). Ironically, Ted Johnson didn’t know “an Indian” personally, but he thought they had gotten a lot of “rough deals” in life.

Also receiving $ 3.6 million each: Gallaudet University, a school for the deaf in Washington, DC; the Florida School for the Deaf and the Blind, in St. Augustine, and a scholarship fund for poor children. In short, do you feel safe leaving your legacy now? An amazing story if I could tell it myself!

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