Legal secretary amasses $9M fortune, gives most to students

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NEW YORK (AP) – A legal secretary who quietly amassed over $9 million through decades of investments has donated most of it to needy students.

The New York Times says $6.24 million from the estate of Sylvia Bloom has been given to the Henry Street Settlement.

Bloom’s niece, Jane Lockshin, says another $2 million will be split between Hunter College and another scholarship fund to be announced.

Bloom grew up in Brooklyn during the Great Depression. She earned a degree from Hunter at night while working days to make ends meet.

In 1947, she joined Cleary Gottlieb Steen & Hamilton. She remained there until the age of 96, paying close attention when the lawyers invested in stocks. She died not long after, in 2016.

Lockshin says it’s “very possible” that not even Bloom’s late husband knew the size of her fortune.

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Information from: The New York Times, http://www.nytimes.com

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