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The Burroughs Millions

In Search of the Origin of Burroughs’ Mythical Trust Fund

From Beatdom #16

William S. Burroughs was always quick to observe that, thanks to the novels of Jack Kerouac, he had been saddled with the reputation of being a rather wealthy man. He once explained to an audience:

I have never been able to divest myself of the trust fund that [Kerouac] foisted upon me. I mean there isn’t any trust fund. There never was a trust fund. When I was not able to support myself… I was supported by an allowance from my family… my hard working parents who ran a gift and art shop in Palm Beach, Florida, called Cobblestone …

But you see Kerouac thought a trust fund was more interesting and more romantic. Let’s face it there was a very strong Sunday supplement streak in his mind. And he also saddled me with a Russian countess. Well, she was a bit easier to get rid of than the trust fund. And he nurtured the myth of the Burroughs millions. There are no Burroughs millions except in the company. And the family got nothing out of it… Continue Reading…