Current:Home > StocksHow the cats of Dixfield, Maine came into a fortune — and almost lost it -MarketEdge
How the cats of Dixfield, Maine came into a fortune — and almost lost it
View
Date:2025-04-11 22:02:15
More than 20 years ago, something unusual happened in the small town of Dixfield, Maine. A lady named Barbara Thorpe had left almost all of her money—$200,000—to benefit the cats of her hometown. When Barbara died in 2002, those cats suddenly got very, very rich. And that is when all the trouble began.
Barbara's gift set off a sprawling legal battle that drew in a crew of crusading cat ladies, and eventually, the town of Dixfield itself. It made national news. But after all these years, no one seemed to know where that money had ended up. Did the Dixfield cat fortune just...vanish?
In this episode, host Jeff Guo travels to Maine to track down the money. To figure out how Barbara's plans went awry. And to understand something about this strange form of economic immortality called a charitable trust.
This episode was produced by Willa Rubin with help from Dave Blanchard. It was engineered by Josh Newell. Sally Helm edited the show and Sierra Juarez checked the facts. Jess Jiang is Planet Money's acting Executive Producer.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.
Find more Planet Money: Twitter / Facebook / Instagram / TikTok / Our weekly Newsletter.
Music: "A Peculiar Investigation" "Benin Bop" and "Tropical Heat."
veryGood! (327)
Related
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Steven Van Zandt says E Street Band 'had no idea how much pain' Bruce Springsteen was in before tour
- Climate activists smash glass protecting Velazquez’s Venus painting in London’s National Gallery
- South Korea plans to launch its first military spy satellite on Nov. 30
- Don't let hackers fool you with a 'scam
- 'She made me feel seen and heard.' Black doulas offer critical birth support to moms and babies
- Burrow passes for 348 yards and 2 TDs and Bengals’ defense clamps down on Bills in 24-18 win
- Chris Harrison Marries Lauren Zima in 2 Different Weddings
- Louvre will undergo expansion and restoration project, Macron says
- Washington's Zion Tupuola-Fetui has emotional moment talking about his dad after USC win
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Australian prime minister calls for cooperation ahead of meeting with China’s Xi
- Germany’s Scholz faces pressure to curb migration as he meets state governors
- 7 bystanders wounded in shooting at Texas college homecoming party, sheriff’s office says
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Don’t put that rhinestone emblem on your car’s steering wheel, US regulators say
- Investigators headed to U.S. research base on Antarctica after claims of sexual violence, harassment
- Steven Van Zandt says E Street Band 'had no idea how much pain' Bruce Springsteen was in before tour
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Florida lawmakers to begin special session by expressing support of Israel
Russell Brand sued for alleged sexual assault in a bathroom on 'Arthur' set, reports say
Live updates | Israeli warplanes hit refugee camps in Gaza while UN agencies call siege an ‘outrage’
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Italy grants citizenship to terminally ill British baby after Vatican hospital offers care.
Man arrested in slaying of woman found decapitated in Northern California home, police say
Falling asleep is harder for Gen Z than millennials, but staying asleep is hard for both: study