Monday, August 1, 2011

Unique Way Of Sharing Wealth During Life

Jennings Osborne died this past Wednesday, July 27, 2011. He was the founder of the Arkansas Research Medical Testing Center in Little Rock, Arkansas. With the money he made from his testing center, Mr. Osborne turned to philanthropy. Mr. Osborne would host free tailgate parties before University of Arkansas Razorbacks' football games. He would sponsor fireworks displays. But the thing he became famous for was creating Christmas-light displays.

Mr. Osborne started his Christmas-light displays with his own home. In 1993, his neighbors sued saying his three million lights, two 80-foot Chrstimas-tree-shaped masts, and other Christmas paraphernalia was a nusance to the neighborhood. He lost. But this did not stop him. Instead, he began creating big Christmas displays elsewhere like the governor's mansion in Little Rock, Arkansas, former President Jimmy Carter's home in Plains, Georgia, Walt Disney World in Orlando, Florida, and Elvis Presley's Graceland in Memphis, Tennessee.

Here is a nice obiturary article from the Wall Street Journal written by Stephen Miller regarding Jennings Osborne.

See us here for information regarding estate planning.

No comments: