What Ted Johnson, Ex-UPS Employee Did With $70 Million

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What Ted Johnson, Ex-UPS Employee Did With $70 Million

I was at home with my son one evening watching Tony Robbins YouTube videos when I came across this random video player that I have no idea why I’m even playing at this very moment. Only 7 minutes in I got my answer.

Have you ever dreamed of leaving a legacy for future generations? I’m sure you have, but this remarkable story about Ted Johnson, ex-UPS executive is as unearthly as anything you’ll ever read.

I feel 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 your side – my 4-year-old son Zachary. I’m not much of a hockey fan, but I got the hat trick the night I came across this story about Ted Johnson, a superhero like 90-year-old, ex-UPS driver, who collected a mountain of cold. hard cash by turning a measly $14,000/year salary into $70 million at retirement!

After doing my due diligence, I discovered an article posted in the New York Times, back on October 15, 1991 that interviewed Theodore R. Johnson at his apartment in DelRay Beach, FL. Johnson was quite the blue-collar man, who only strove to live a modest existence, while avoiding all the Red Carpet fame and fortune that would typically go along with his “Mother Theresa” type antics.

Johnson ended up with an investment pool of $70 million dollars to do the right thing – pay himself for the first time in his career, every week.

This man is the spokesman and representative of the holy grail for any wish saver who gave it all away. He increased his savings by buying as many stock options as he could in The United Parcel Service, Inc (UPS) before retiring in 1952 as vice president of industrial relations.

So what did he do with his $70 million you want to know? Johnson donated $36 million to various charities: He founded 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 history of the organization ( $3.6 million). Ironically, Ted Johnson didn’t know “an Indian” personally, but thought they got a lot of “raw deals” in life.

Also receiving $3.6 million each are Gallaudet University, a school for the deaf in Washington, DC; the Florida School for the Deaf and Blind, in St. Augustine, and a scholarship for poor children. Long story short, are you feeling confident about leaving your legacy now? Quite an amazing story if I do say so myself!

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