Friends shocked as modest man leaves $11million to charities

Alan Naiman was known for his frugality and loving very modestly, so when he died, friends were surprised to learn that he had left more than $11 million to charities in the Seattle area.

The 63-year-old never married and never had children, but kids were very important to him. He fostered a few children and cared for his brother, Daniel, who had developmental disabilities,CNN reports .

Naiman became a social worker after leaving a career in banking.

“He was a highly valued employee who was dependable and dedicated to his work,”
Washington State Department of Children, Youth and Families spokeswoman Debra Johnson told CNN.

He worked three jobs to get established in the new field, his friend Shashi Karan told CNN.

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Karan and Naiman worked together at the bank in the ’80s and kept in touch over the decades until his death on Jan. 8, 2018.

“He was just that kind of guy that he couldn’t just spend the money. It was just in his nature to save the money and put it aside,” Karan said.

Karan said he was one of the few people who knew just how much money Naiman had.

“I think he always knew that he was going to leave his money to charity,” Karan said.

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The friends had talked about investments and savings over the years, and when the time came for Naiman to make a will he asked Karan to be his executor.

He said Naiman received a sizable inheritance when his father died, which added to his fortune.

The scrimping, saving and deal hunting was more like a hobby to Naiman than a sacrifice.

“Saving money was sort of a game to him,” Karan said. “He would brag about how he had a whole day out and didn’t have to spend a single cent.”

CNN

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