The location of the world famous money tree has been said to have been discovered in a California families backyard. According to several reports, the money tree has been the source of economic freedom for the Richmond family throughout the current recession. The specific location of the tree on the property has yet to be determined, however, several witnesses spotted garbage bags overflowing with dollar bills being transported from the families home. If initial estimates are accurate, the money tree is capable of producing over $10,000 on a daily basis and can end any financial hardship, big or small. Authorities have been rumored to have contacted the family regarding possible tax implications surrounding the tree. The family is seeking protection and privacy from locals and out-of-towners trying to catch a glimpse of the rich foliage, according to reporters. It has been said that the tree is capable of producing seeds for other money trees and can last for up to 50 years. There has been no word yet on whether or not the Richmond's were willing to distribute any of the highly coveted seeds. Able to adapt and grow in any climate, the money tree does not need to be watered only collected from, experts say. Locals say the Richmond family has always been very generous and giving for those that need it. We ask that you respect the privacy of the Richmond's and remain respectful of their property.