original purchase price, and comes from baseball where the number of "bags" or "bases" that a batter can run to is a measure of the success of that runner's hit. A baseball player who hits a home run will pass all four bases, and so such a hit is sometimes called a four-bagger. Similarly, a baseball double hit is sometimes called a two bagger. As Lynch wrote in One Up on Wall Street, “In my business a fourbagger is nice, but a tenbagger is the fiscal equivalent of two home runs and a double.” In Beating the Street, Lynch expounded with many-bagger, "For the most part, the NAIC (National Association of Investors Corp) groups buy stocks in well-managed growth companies with a history of prosperity, and in which earnings are on the rise. This is the land of the many-bagger, where it’s not unusual to make 10, 20, or even 30 times your original investment in a decade. Personal life Lynch married Carolyn Ann Hoff and cofounded the Lynch Foundation. They had three daughters. His wife died in October 2015 due to complications of leukemia at age 69. Wealth and philanthropy According to a 2006 Boston Magazine article, Lynch has an overall net worth of $352 million USD. Though he continues to work part time as vice chairman of Fidelity Management & Research Co., the investment adviser arm of Fidelity Investments, spending most of his time mentoring young analysts, Peter Lynch focuses a great deal of time on philanthropy. He said he views philanthropy as a form of investment. He said he prefers to give money to support ideas that he thinks can spread, such as First Night, the New Year's Eve festival that began in Boston in 1976 and has inspired similar events in more than 200 other communities, and City Year, a community service program founded in Boston in 1988 that now operates in 29 cities across the U.S. The Lynches give money primarily in five ways: as individuals, through the Lynch Foundation, through a Fidelity Charitable Gift Fund, and through two charitable trusts. The Lynches have made gifts as individuals, donating $10 million to Peter Lynch's alma mater, Boston College. In turn, BC named the Lynch School of Education and Human Development after the family. The Lynch Foundation, valued at $125 million, gave away $8 million in 2013 and has made $80 million in grants since its