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Who says no to $ 8 billion? Charles Feeney (89 years old). The businessman has spent more than $ 8 billion donating to charities, universities, and foundations over the past four decades.
Feeney’s dream of having a lot of money has long been fulfilled. In 1960 she founded Duty Free Shoppers, a store that is now available at all major airports. Although he made billions, Feeney lives very modestly. She wants to give while she lives instead of leaving a base after her death. “If I can’t take the money, why shouldn’t I give it away, decide what it’s used for, and experience the results?” Feeney told Forbes.
A million for the pension
Feeney set aside a million each for himself and his wife. She donated the rest of the money anonymously. When her extraordinary donations became known, she inspired Bill Gates and Warren Buffet for the “Giving Pledge.” It is a campaign that aims to motivate the wealthiest to donate more than half of their wealth before they die. “Chuck is a role model for all of us,” says Warren Buffett. Bill Gates is also enthusiastic: “Chuck provided a path for all of us and he is a positive example himself.”
On September 14, 2020, he and his wife signed the documents that marked the end of their Atlantic Philanthropies organization. This made donations for him. At times, the organization had up to 300 employees and made high-risk but effective donations. The end of this year’s organization was planned for a long time. Because now all the money has run out, according to “Forbes.”
No mafia money
Among other things, Feeney spent 3.7 billion on education. In addition, 870 million went to human rights and social change, 62 million to initiatives aimed at abolishing the death penalty in the United States. 76 million organizations that promote Obamacare health insurance or 700 million that support the health sector.
Feeney also donated to his old Cornell University. And all this anonymously. According to People, the Atlantic Philanthropies representative struggled to convince Cornell officials that it was not mob money. (lui)
