meta content='GOSSIP, GISTS, EVERYTHING UNLIMITED' name='description'/> GOSSIP, GISTS, EVERYTHING UNLIMITED: 100-year-old Saudi Beggar Dies Leaving Million-dollar Fortune

Monday 17 March 2014

100-year-old Saudi Beggar Dies Leaving Million-dollar Fortune

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Over 50 years of panhandling on the streets of Jeddah had taken its toll on her and residents of the downtown al-Balad district never suspected that their blind, haggard centenarian neighbor had secretly amassed a fortune and real estate portfolio that rivaled those of the city’s millionaires.

Eisha’s life came to an end in the bathroom of her home when the 100-year-old woman, who had spent the majority of her adult life begging, suddenly died.


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Neighbors were saddened to see an ambulance pull up to her home and carry away her body on a stretcher, but they were left speechless when they learned that she left behind a fortune estimated at SR3 million, including four buildings in the same district, and an additional SR1 million in jewels and gold coins (a total of just over $1 million).

Ahmed al-Saeedi grew up with Eisha in the same district since they were children and spent a considerable amount of time caring for her. He said Eisha did not have any relatives except her mother and sister, both of who were beggars, and alleged that the four women were able to build up a small fortune while scrounging on the streets of Jeddah.

“They used to get a lot of sympathy and assistance from philanthropists throughout the year, especially during Eid. Eisha continued to beg after the deaths of her mother and sister.

Saeedi was one of the few people who knew of the wealth Eisha possessed. When asked if he ever broached the subject with her, Saeedi said he had tried to convince Eisha to stop begging on several occasions.

“I asked her to give up this profession as she possessed a huge amount of wealth but she always refused and said she was preparing for hard times,” he said.

Eisha had given all of the gold coins she had to Saeedi and told him to keep them until she decides when the time is right to sell them. That was 15 years ago when the coins were each worth SR250, but at current market prices, they are valued at SR1,000 each.

Feeling the magnitude of the responsibility, Saeedi said he reported the matter to the police and a local court and was informed the matter will be dealt with according to regulations.

“Until now, neither the police nor the courts have done anything so I was compelled to hand over the fortune to one of the most respected and trusted residents of the district, who has promised to give it to the authorities. All of my neighbors witnessed me handing over the gold and money Eisha had kept with me for safekeeping,” he said.

Alarabiya

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