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The real bond, however, that connects both Elvis, the rock-and-roll king, and Ted, the ribs king, is their sense of gratitude and giving back. Many modern performers command the headlines by doing things that are stupid and selfish. Elvis was generous to a fault. At his death, he was nearly broke after having sent Cadillac’s to random strangers. Elvis understood that he needed to give back to a world that had given him great riches. Since my father was close to Ted, I witnessed numerous instances where Ted helped people anonymously. He also participated in major Cincinnati charities, such as the Hope House. Ted developed his close friendship with Bob Hope when they served on the board of that charity. Ted told The Cincinnati Enquirer, “I’m a giver,” and it was an accurate self-assessment. Both kings were an important part of my growing years. As I get older and think about how to run my businesses, I realize that both kings gave me models and ideals to strive for.
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Don McNay (Son of a Son of a Gambler: Winners, Losers, and What to do when you win the Lottery (Wealth Without Wall Street))