The best of EcoWatch, right in your inbox. Sign up for our email newsletter!
98-Year-Old Donates $2 Million in Walgreens Stock to Create Wildlife Refuge
By James O'Hare
Some people feel the need to let everyone know they have money. They talk about it incessantly or constantly remind people of their wealth by putting their name on buildings in gaudy letters. Others prefer to put those dollars to good use.
About 70 years ago, Russ Gremel made a wise investment.
The Chicago, Illinois native bought roughly $1,000 worth of stock in a burgeoning pharmacy chain. That chain was Walgreens, which has since grown into a drug retail giant worth more than $62 billion.
Gremel is now 98 years old and his stock is worth more than $2 million. But rather than cashing out and living extravagantly in the time he has left, Gremel is making sure the world is a little better for the next generation, by donating his stocks to help establish a 400-acre wildlife refuge, the Chicago Tribune reported.
"I'm a very simple man," Gremel told the Tribune. "I never let anybody know I had that kind of money."
Gremel has no wife or children to leave the money to. He's lived in the same Jefferson Park home for 95 years. Growing up poor (his family lost everything after the 1929 stock market crash) taught him to enjoy life and be completely content living modestly. Nonetheless, he retired from practicing law at age 45.
Though he had immense wealth at his fingertips, he had no desire to spend it needlessly. At the same time, he sees no use in hoarding the money, letting it sit dormant when it could be put to good use.
"Why not give it to them now when … I have the pleasure and enjoyment of seeing it," he said.
Nature has always been important to Gremel, who spent much of his youth outdoors, hiking and camping. When he was 19, he traveled west across the country, hitchhiking and riding the rails on trains. His odyssey took him through Yellowstone National Park.
It was at that time that he promised himself, "You're not going to die at 70 years of age and say, 'What if?'"
Gremel also cares about mentoring youth, and spent 60 years as a scoutmaster for the Boy Scouts of America.
A year ago, he donated his stocks to the Illinois Audubon Society, which used the money to buy a 400-acre property from Augustana College. As a thank you, the reserve will be dedicated to Gremel on June 7.
"It's incredibly generous," said Jim Herkert, the executive director of the Audubon Society. "It's allowing us to protect a really valuable and important piece of property and fulfill one of Russ' wishes that we could find a place where people could come out and experience and enjoy nature the way he did as a kid."
But for Gremel, the donation has nothing to do with generosity and everything to do with a sense of duty to help other people.
"You have to do some good in this world," Gremel said. "That's what money is for."
Who needs to put their name on a building, when someone else has already put it on a park?
EcoWatch Daily Newsletter
By Derrick Z. Jackson
As much as hurricanes Katrina and Maria upended African American and Latinx families, the landfall of the coronavirus brings a gale of another order. This Category 5 of infectious disease packs the power to level communities already battered from environmental, economic, and health injustice. If response and relief efforts fail to adequately factor in existing disparities, the current pandemic threatens a knockout punch to the American Dream.
'We Need People's Bailout, Not Polluters' Bailout': Climate Groups Move to Preempt Big Oil Giveaway Amid Pandemic
By Andrea Germanos
A coalition of climate organizations strongly criticized President Donald Trump's in-person Friday meeting with the chief executives of some of the biggest fossil fuel companies in the world, saying the industry that fueled climate disaster must not be allowed to profiteer from government giveaways by getting bailout funds or preferred treatment during the coronavirus pandemic.
An Important Note
No supplement, diet, or lifestyle modification — aside from social distancing and practicing proper hygiene — can protect you from developing COVID-19.
The strategies outlined below may boost your immune health, but they don't protect specifically against COVID-19.
By Zak Smith
It is pretty amazing that in this moment when the COVID-19 outbreak has much of the country holed up in their homes binging Netflix, the most watched show in America over the last few weeks has been focused on wildlife trade — which scientists believe is the source of the COVID-19 pandemic. Make no mistake: Tiger King: Murder, Mayhem and Madness is about wildlife trade and other aspects of wildlife exploitation, just as surely as the appearance of Ebola, SARS, MERS, avian flu and probably COVID-19 in humans is a result of wildlife exploitation. As a conservationist, this is one of the things I've been thinking about while watching Tiger King. Here are five more:
By Hector Chapa
With the coronavirus pandemic quickly spreading, U.S. health officials have changed their advice on face masks and now recommend people wear cloth masks in public areas where social distancing can be difficult, such as grocery stores.
But can these masks be effective?