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Miami Banker Hands Out $60 Million To His Employees!

| Filed under: InspirationBusiness Blitz

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It's great to see that not all bankers are jackasses!

When Leonard Abess Jr. sold his majority stake in the Miami-based City National Bancshares last November, he made a cool $60 million.

But he didn't keep it for himself!

He shared it with his tellers, bookkeepers, clerks, everyone on the payroll.

According to reports, all 399 workers on the staff received bonuses, and he even tracked down 72 former employees so they could share in the windfall.

The bonus was based on years of service and for some it amounted to tens of thousands of dollars!!

And for the lucky few, more than $100,000!!!

We need more people like Leonard Abess in the world.

[Image via Candace West/Miami Herald.]

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51 comments to “Miami Banker Hands Out $60 Million To His Employees!”



  1. 1

    God bless him!



  2. 2

    What a nice guy



  3. 3

    lol wot a idiot



  4. 4

    Aww…:)His definitely going to heaven



  5. 5

    Wow that is a very selfless thing to do. Good for him. Good karma should be coming his way soon!



  6. 6

    I want some!



  7. 7

    Wow

  8. Kerrs says – reply to this


    8

    wow! class act



  9. 9

    that's nice of him, people could use that right now, I only wished I worked there lol



  10. 10

    Very selfless thing to do, good for him!



  11. 11

    We need a media sensation over this guy!! Keep talking about him! Keep him in the news! People need to see more of his good example!



  12. 12

    Ah. That's so nice. I didn't know there was still people like that.



  13. 13

    Hey I was first and didn't even know it!!!

    Yeah!



  14. 14

    thats how we roll ion the MIA lmao!!! i wish!!!



  15. 15

    he should be the "Man of the Year".



  16. 16

    .
    .
    .
    LET'S SEE…471 WORKERS. EVEN IF HE GAVE THEM ALL 100Gs THAT WOULD BE 47,100,000. YOU MAKE IT SEEM LIKE THIS FAT BASTARD MIAMI CROOK BANKER GAVE ALL THE MONEY AWAY, PEREZ DEAR.
    .



  17. 17

    Re: LG sez Sweet is a TREAT!
    Well, normally bankers dont give anything out, so why are you calling him a crook? Leonard Abess Jr never said he kept it all for himself.



  18. 18

    OH AND MOST OF THE MONEY THE BANK MADE NO DOUBT DID SO LAUNDERING DRUG MONEY IN THE 80S. WATCH "COCAINE COWBOYS," DARLINGS.



  19. 19

    Amen! Way to go, Leonard!



  20. 20

    Re: Anguaa
    .
    .
    .
    YOU SOUND LIKE A DING-A-LING!
    .



  21. 21

    He still made a lot of money, but it's nice that he recognized that HE didn't do it all himself. It was a team effort. I wish more people in power would see it like he does.



  22. 22

    What a wonderful thing to do !



  23. 23

    Re: Anguaa – #12.
    .
    .
    THERE AREN'T HONEY. EVER HEARD OF A TAX WRITE-OFF?
    .



  24. 24


  25. 25

    Good for him!



  26. 26

    Re: LG sez Sweet is a TREAT!
    I don't really care if he gets a tax write-off, he still helps other people.
    He could just have moved all the money out of the country,but he helped others.



  27. 27

    This story is so nice I almost cried reading about it.



  28. 28

    That was wonderful of him. Who needs all that money anyway? You can't take it with you when you're gone; you might as well do something good with it.



  29. 29

    THIS BANKER BUILT A FORTUNE ($60,000,000) for himself and he deserved it this is still America at least for awhile. BUT he knew that you can't take it with you. He kept a nice amount for himself and rewarded his people for what they had done.. THIS GUY IS SUPER COOL AND A REAL HUMAN BEING in a world of Greed.



  30. 30

    Re: State ziti – """ Very Well Spoken """



  31. 31

    FINALLY! A banker exec who doesn't have his head up his ass! They should MAKE all the other bank CEOs do this.



  32. 32

    DOES ANYONE OTHER THAN LG UNDERSTAND THIS THREAD?
    .
    DIDN'T THINK SO!
    .



  33. 33

    You wouldn't see those greedy pigs on Wall Street doing anything like this. This banker guy is a-okay.



  34. 34

    Good for him (:



  35. 35

    YES!!!! There is someone who recognizes and acknowledges who really made him rich….his workers….TAKE NOTE GM, Chrysler, Ford…and EVERY COMPANY bleeding their labour with layoffs and a kick in the ass



  36. 36

    What a great way to avoid gift tax, estate tax and get a tax break. Brilliant man!



  37. 37

    That is so wicked!!!!!!



  38. 38

    Perez, I greatly appreciate that you post stories like this, it creates a perfect yin/yang. Thank you, it is a delight to know that people like this gentleman exist, if only more CEO's would release their fears and greed, this world would be a better place.



  39. 39

    Re: LG sez Sweet is a TREAT! – #33 No DARLING. It's just you're a horrible bitch who has a black heart and couldn't see a good deed if it bit you in the arse.



  40. 40

    God bless Leonard Abess.



  41. 41

    Re: Live Gently – What a nice post.



  42. 42

    Re: Mistress
    .
    .
    .
    WAKE UP, BITCH!
    .



  43. 43

    MR. ABCESS IS AN EVIL FUKCER!!!
    .



  44. 44

    .
    .
    .
    MISTRESS COULDN'T COMMAND THE RESPECT OF A USED TAMPAX, DARLINGS!!!
    .



  45. 45

    Re: LG sez Sweet is a TREAT!

    Wow you are so stupid! you make me feel good about humanity. You are the only retard that is talking shit. I wish it was you that got $100k and had invested it in education…seriously. Hopefully you at least finished high school. Thank you for being so stupid and making the REST of us feel good about his generosity.



  46. 46

    I worked for a company long enough to be a recipient of just such a windfall. The owners were in Phuket when the tsunami hit in 2004 and were just moments away from being washed away. They had not children or other heirs waiting in the wings to take over their group of retirement communities and they realized what a headache would have occured had they been killed, so they sold their business for about $20 million and, in the same way as this guy, shared the sale with employees based on fulltime/parttime status and longevity and set up IRAs for everyone.



  47. 47

    Re: For The Horde! World of Warcraft – #45.
    .
    .
    .
    DEAR THE MAJORITY IS NOT ALWAYS RIGHT AND LG IS NOT INTIMIDATED ONE WHIT THAT THE HALF-WITS ON THIS THREAD DISAGREE WITH THE SUPER INTELLIGENCE THAT IS LG!!!
    .
    .
    BELIEVE IN YOUR PATHETIC DELUSION THAT THIS CROOKED MIAMI BANKING TURD "CARED" ABOUT HIS EMPLOYEES!
    .
    .
    PEREZ IS BRILLIANT BUT HE'S WRONG ON THIS ONE DARLING–BUT BEING A MERE SHEEP IN THE FOLD OF COURSE YOU BELIEVE WHAT YOU ARE TOLD!!!
    .
    GET OUT YOUR CALCULATOR, A PEN AND PENCIL, OR AN ABACUS FOR ALL LG CARES–BUT FIGURE THIS ONE OUT FOR YOURSELF OR AT LEAST GET A FOURTH GRADER WHO DOESN'T EVEN NEED TO BE ON THE "HONOUR ROLL" TO DO IT FOR YOU!!!
    .
    NOW YOU HAVE A NICE EVENING.
    .



  48. 48

    That is simply inspiring! It is nice to see a man in power that is not GREEDY!!! God Bless Leonard Abess Jr.!!!



  49. 49

    Re: LG is simply…YOURS! – LMAO
    The only reason you're pissed honey is he didn't send any of that loot your way and you've got so much more to go to save up on your gender re-assignment surgery and it just kills you having to tolerate that meat and 2 veg you carry between your legs, just wishing and wanting and waiting for the day you can be a REAL woman.
    LOLOLOLOL
    There is nothing "supreme" or "divine" about you.
    You've become such a toxic bore with all that Sarwhore and Coke can ridiculousness - the election was over months ago.
    Move on.
    You sound like a tired old record.
    BTW I can command more respect with my little finger than you could lying naked on Park Avenue.
    Silly wannabe bitch.



  50. 50

    Re: Mistress – #49.
    .
    .
    LISTEN HONEY, LG OWNED, THEN SOLD, THE SAD COW, LA SKANKA, AND YOUR DAYS ARE NUMBERED, TOO! LG CAN NOT BE DEFEATED, HER INTELLECT AND REGAL BEARING ARE FAR SUPERIOR TO PUSHY SKANKS SUCH AS YOURSELF AND THE AFOREMENTIONED LIKES OF YOU!
    .
    AS FOR PUBLIC NUDITY WHY DON'T YOU TAKE A SKINNY DIP IN SYDNEY HARBOUR AFTER SLATHERING YOUR PRUNEY EPIDERMIS IN FISH OIL?
    .
    NOW YOU HAVE BEEN DISMISSED, ADROITLY AND EXPERTLY BY LG AND YOU WILL HAVE NO FURTHER GIFTS FROM LG–I.E. DO NOT EXPECT AGAIN TO BE ADDRESSED DIRECTLY BY THE MAGNIFICENCE THAT IS LG!!!
    .



  51. 51

    i wish i worked there i be out…lol