Dividend Millionaires

Truth be told, I thought I had covered Grace Groner on the site already. She fits the dividend millionaire profile to a tee, and hers is one of the better known stories out there. I imagine many of the site’s readers have already come across at least one version of it already. That said, it would be a crime not to have one on the…

I had a discussion recently about the profiles of the folks who go on to become secret dividend millionaires. Regular readers know this all from memory by now, but typically these people remain unmarried, childless, display ultra-frugality and extreme longevity. In short, the kind of lifestyle that not many people actually have in the real world.

By now, most readers will be very familiar with the profiles of our typical ‘dividend millionaires‘. Almost without exception they had a few things in common. First, they lived very long lives. Indeed, the majority profiled so far were nonagenarians, with a couple possibly making it past the big one-hundred. Second, they typically remained unmarried and childless. Finally, they lived modest and fugal lives, often…

It has been a while since I added a story to the dividend millionaire archive. Strictly speaking, this next one is not quite in the same mould as the others. Still, the story of Stewart Horejsi is such a crazy example of long-term compounding that it more than deserves a place in there. It also features a stock I haven’t much covered: Berkshire Hathaway.

The dividend millionaires mentioned on the site usually fit a certain profile. That is to say, long-lived, frugal to the point of obsession, and typically childless. Indeed, their eccentricities often explain what drives them to accumulate all that wealth in the first place. Without them, we probably never hear their stories.