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For the past 38 years, The Guardian writes, Fini has been donating funds to charities and universities around the world, and his goal was to get rid of all his wealth.
“I strive for zero, to give everything,” he said earlier.
This week, the 89-year-old billionaire finally achieved that goal. The Atlantic Philanthropy Foundation, which he secretly founded in 1982 and transferred most of his wealth, eventually ran out of money. Signing the documents with which he officially dissolved the foundation, Fini, visibly in poor health, said he was very happy to have done this “while he’s still there.”
He addressed other super-wealthy people from his small rented apartment in San Francisco, who promised to donate their funds, but only after his death.
“For those wondering if they should give while they’re alive: Give it a try, you’ll like it,” said Fini, who secretly donated most of his money.
Photo: YouTube print screen
He hopes other billionaires will follow suit and use their money to help solve the world’s biggest problems.
“Wealth brings responsibility,” Fini said.
Christopher Oxley, president and CEO of Atlantic Philanthropy, said Fini did not lecture on his views to other members of the super-rich club. Oxley claimed that Fini would not criticize others for not giving more, but would wonder why such wealth would do no good with her.
“But he would scratch his head and ask them how many yachts or pairs of shoes they need,” he said.
Oxley said Fini would encourage rich people like Jeff Bezos, the founder of “Amazon” and the richest man in the world with 186 billion dollars, to “choose the world problem and invest their wealth there and intervene.”
Photo: YouTube print screen
Fini would tell rich people like Bezos to find a problem in the world and invest their resources in solving it Photo: Tanjug / AP
Fini would tell rich people like Bezos to find a problem in the world and invest their resources in solving it.
The Guardian claims that Finny was influenced by Andrew Carnegie’s essay “The Gospel of Wealth” from 1889, which states that “a millionaire must be the trustee of the poor.”
– I have always sympathized with people who had a difficult life. And the world is full of people who have nothing to eat, Fini said in a rare 2010 interview.
Fini is known for his humble life. He has no car or house, and he only has one pair of shoes. Fly economy class, even if your family members or business classmates are on the same plane. Oxley, who has worked for Fini for more than three decades, says his boss once tried to live luxuriously but it didn’t work out.
Photo: YouTube print screen
– He had nice houses and other things. He tried, but it wasn’t for him. He does not own a property or a car. The stories of his modesty are true. He has a $ 10 Casio watch and carries his papers in a plastic bag. That’s him. That’s what suits him, that’s what Chuck really is, ”Oxley said.
Fini decided to give up his fortune in the early 1980s, when his “Duti Free Shop Group” (DFS) business empire, which has more than 430 stores at 11 airports, generated huge revenues. He secretly transferred his shares in the company to the “Atlantic” foundation.
– What am I going to do with all that (money)? Many rich people today have so much money that they will not be able to spend it – he once said.
Fini’s position contrasts with that of his partner, DFS co-founder Robert Miller, the 293rd richest individual in the world with six billion dollars. Miller has luxury properties in Hong Kong, New York, Paris, Gstaad, as well as properties in Yorkshire. The Guardian claims that her three daughters are known in the company of the cream: the crown princess of Greece, Marie Chantal, Alexandra Miller and Pia Getty.
Photo: YouTube print screen
Miller and Fini have not spoken since the latter sold his shares in 1996. A dispute with Miller forced Fini to reveal the existence of a secret foundation due to the lawsuit.
Over the years, Fini has donated nearly $ 4 billion to educational institutions, including nearly $ 1 billion to Cornell University, where he studied hotel management for free after serving as a radio operator in the Korean War. . He gave $ 870 million to human rights groups and donated almost $ 2 billion to projects in Ireland and Northern Ireland, where he came from. Your donation was key to founding the University of Limerick.
Fini has five children, four daughters and one son, with his first wife Daniel. She ordered her sons to work during the summer as waiters or valet. He later married former secretary Helga.
His generosity prompted Bill Gates and Warren Buffett to launch the “Pledge to Give,” under which the super-rich pledge to donate at least half of their funds to charity.
Photo: YouTube print screen
– I remember meeting Finny before starting The Oath. He told me that we should encourage people not to give just 50 percent, but as much as possible during their lives. No one is a better example than Chuck. Many people tell me how it inspired them. That’s amazing, ”Gates said, describing Finny as his hero.
“He should be everyone’s hero,” Gates added.
(Flash)
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