Chicago Lawyer's Long-Term Investment Grows to Fund Wildlife Sanctuary
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
Russ Gremel, a Chicago lawyer, invested $1,000 in Walgreen in 1953. The investment grew to over $2 million. Gremel later used his fortune to buy the 395-acre Gremel Wildlife Sanctuary.
From aol.com, 247wallst.com
Why it matters
Gremel donated his fortune to wildlife habitat, which included a donation to the Illinois Audubon Society. Tom Clay, executive director of the Illinois Audubon Society, commented on Gremel's investment logic.
From aol.com, 247wallst.com
Who's involved
- Illinois Audubon SocietyNonprofit organization that received a donation from Gremel.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Illinois Audubon SocietySpeculative
The Illinois Audubon Society might see its funding increase due to the donation received from Gremel.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.How it developed
Newest first. Tap a step to see who reported it.Gremel's investment logic and wealth are being reported in relation to his time as a lawyer in Chicago.1 source
Gremel funded wildlife habitat and enrolled in university in Chicago.1 source
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The entities involved
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Chicago
city and county seat of Cook County, and largest city in State of Illinois, United States of America