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An $11/Hr. Millionaire

Ever have to do one of those Econ problems in school where you see how much 100 bucks turns into in 50 years? We guess this is sort of like that.Paul Navone, a 78-year-old retired New Jersey mill worker, who never earned more than $11 an hour during his 50-year career, donated a million dollars to each..



Ever have to do one of those Econ problems in school where you see how much 100 bucks turns into in 50 years? We guess this is sort of like that.


Paul Navone, a 78-year-old retired New Jersey mill worker, who never earned more than $11 an hour during his 50-year career, donated a million dollars to each of a pair of local schools last month. "I'll work for the money, and then I want that money to work for me," he says. Just invest wisely, be frugal, and don't waste your cash.

All right, standard enough. But do Navone's other curious lifestyle choices have anything to do with his get-rich-slow fortune? He doesn't own a phone, hasn't laid eyes on a television set since the Apollo 11 lunar landing, and has never read a book.

We're guessing (especially with that last one) this might just be correlation and not causation.

Check out the CNN interview.






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