Living a frugal life pays off.
A devoted librarian at the University of New Hampshire amassed a fortune of $4 million before he died in March 2015.
For nearly 50 years, Robert Morin, 77, worked as a cataloguer at UNH’s Dimond Library, writing short descriptions of DVDs, entering ISBN numbers of CDs and cataloging books of sheet music, according to The Union Leader.
Morin’s financial adviser, Edward Mullen, started working with him in the early 1970s. By the 2000s, he says he had almost $1 million in his retirement account alone.
“He never went out,” Mullen told the newspaper, and instead drove an older vehicle and ate frozen dinners.
Since Morin didn’t have any family members he wanted to leave the money to, he trusted the university to spend it wisely.
“Bob’s demonstrated commitment to UNH through his philanthropy is tremendously inspiring,” UNH President Mark Huddleston told the newspaper. “We are committed to providing the resources needed to ensure every student achieves professional success and Bob’s gift will play a major role in that effort.”
Of the donated funds, $2.5 million will help launch an expanded and centrally located career center for students and alumni and $1 million will pay for a video scoreboard for the new football stadium because Morin was a huge fan of the sport.
For the last 15 months of his life, he lived in an assisted-living center where he started watching football games on television.
According to the university’s spokesman, Erika Mantz, Morin mastered the rules and names of the players and teams.
The only specific wish the millionaire had was for $100,000 to go to his beloved Diamond Library.
Morin was also an avid reader. According to Mantz, he read every book published in the United States from 1930 to 1940, excluding children’s books, textbooks and books about cooking and technology.
She said that at the time of his death, he had reached 1938, the year of his birth.