Saint Philaret the Merciful was a married wealthy man from the area of Paplagonia. He was not only wealthy, but virtuous and freely bestowed his wealth to those less fortunate than himself.
It came to pass, that God tested Philaret (like Job of the Old Testament) and he lost much of his wealth. Although his friends disappeared, and his family had to struggle for the basic needs of life, St. Philaret proved to be as generous when poor as he was when rich.
God therefore rewarded St. Philaret, granting him even greater riches and blessings than before. Now he was, through the marriage of his daughter, a member of the Royal Court. Even in the midst of great wealth, St. Philaret loved the poor and spent his riches, time and love in caring for all those needful in any manner.
At the age of 90, he distributed the last of his belongings and peacefully reposed in the Lord. Miracles occured over his blessed relics.