Tuesday, November 13, 2007

Richest Man in Erie

I know this sounds ironic but right now is a great time to live in Erie, Pennsylvania.
An anonymous donor has given the city $100 million.
There are only 102,000 people in Erie meaning if the benefit is spread evenly, and only to residents of Erie, each person's share is about $1,000.
And like an episode of "Curb Your Enthusiasm" the donor has asked to be anonymous.
And the man who is responsible for giving out the money has vowed to keep the donor's identity secret.
46 charities will split the money, and many of the charities have resisted trying to figure out the donor's identity to honor his or her wishes.

Here is what the Associated Press has to say about Erie:

"Erie was once a bustling iron and steel town, and later also made machinery, plastics, paper and furniture. But many factories eventually closed or moved overseas. The paper mill, which employed more than 2,000 people in the 1950s, shut down in 2002 after more than 100 years in business.
The city has a growing service industry and has tried to remake itself as a tourist destination with a new slots casino. But its poverty rate is about 19 percent, or twice the national average, median household income is $31,196, versus $48,451 nationally, and as of 2006, it had an estimated 400 homeless people."

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