When my dad was growing up, his grandfather, who had prospered after the depression by having faith in some stock he held on to, paid for all the college educations of all his grandchildren. Was generous whenever my dad went to visit, possibly to all the cousins as well, always giving my dad a $20, back in the 1950's and early 1960's.
He did well, and shared his prosperity, to the benefit of future generations.
Unfortunately, my grandparents squandered their inheritance, spending it instead on ridiculous indulgences, like a custom yacht (which they called a houseboat), and ending up having little left at the end, for themselves or the future.