Geoffrey Holt had no car and little furniture in Hinsdale, New Hampshire; when he died in 2023, he left the town $3.8 million ...Saudi Arabia

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Geoffrey Holt had no car and little furniture in Hinsdale, New Hampshire; when he died in 2023, he left the town $3.8 million

The legs of Geoffrey Holt’s bed had gone through the floor of his mobile home in Hinsdale, New Hampshire, the Associated Press reported. The home was mostly empty of furniture, with no TV or computer.

Holt grew up in Springfield, Massachusetts, graduated from Marlboro College in 1963 and served in the Navy, according to the Associated Press. He settled in Hinsdale in the 1970s and worked as a caretaker at a mobile home park, CNBC reported. He had once taught driver’s ed but gave up driving, so he used a bicycle and later a lawn mower. He rarely left town, the AP said.

    He rode his lawn tractor to a nearby convenience store for beer and reading material, including The Wall Street Journal and The New York Times, the Brattleboro Reformer reported. He read them at a secluded spot on Ash Swamp Brook.

    Holt invested in mutual funds and studied financial publications, and his first fund focused on communications, the AP said. He died in June 2023 at age 82 and left a $3.8 million estate to Hinsdale, a town of about 4,200 people. “He seemed to have what he wanted, but he didn’t want much,” his friend and estate executor, Edwin “Smokey” Smith, told the AP.

    His will directed the money to the town “to benefit the community in the areas of education, health, recreation and culture,” per the AP. The money sits in a trust managed by the New Hampshire Charitable Foundation, and grants come from the interest, about $150,000 a year. Hinsdale residents received more than $150,000 from the fund in 2024, according to the Reformer.

    “I don’t think anyone had any idea that he was that successful,” selectboard chairperson Steve Diorio said, per the AP. Town administrator Kathryn Lynch said Hinsdale will use the money “very frugally as Mr. Holt did.”

    A similar story played out about 7 miles away in Brattleboro, Vermont, CNBC reported. Ronald Read, a janitor and gas station attendant, died in 2014 at age 92 and left $6 million of his $8 million fortune to the local hospital and library.

    Holt was not the only person to leave money behind for others. Stephen Girard died in 1831 and left over $6 million to Philadelphia for an orphans’ school, and Sylvia Bloom, a Wall Street legal secretary for decades, left $6.24 million to the Henry Street Settlement for college scholarships.

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