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Chuck Feeney: The billionaire who gave it all away

 
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Dołączył: 12 Maj 2020
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PostWysłany: Nie Wrz 27, 2020 11:16    Temat postu: Chuck Feeney: The billionaire who gave it all away Odpowiedz z cytatem

Chuck Feeney: The billionaire who gave it all away



Becoming a billionaire would be, for most of us, the very apex of achievement - and a very unrealistic
dream come true. Chuck Feeney lived that dream but he wasn't content simply with becoming a billionaire -
no, he set himself a further a goal.

To give away his entire multi-billion dollar fortune while he was still living.

The 89-year-old American businessman has now achieved that, donating almost $9bn (£7bn)
worldwide.

And through his private foundation the Atlantic Philanthropies, Mr Feeney, born to Irish-American parents,
gave $570m (£447m) to causes in Northern Ireland over four decades.

Who is Chuck Feeney?
Charles F Feeney was born in Elizabeth, New Jersey in 1931, during the Great Depression.

His mother worked as a hospital nurse and his father was an insurance underwriter.

The philanthropist traces his family history back to County Fermanagh, where his grandmother was
brought up close to the village of Kinawley.

The entrepreneur made his money selling luxury duty free goods to travellers across the world, but he
rejected the trappings of wealth himself.

Conor O'Clery, who wrote a biography of Mr Feeney, said: "He read and was very impressed by Carnegie's
famous essay 'Wealth', which says such things as 'to die rich is to die disgraced'."

NI's 'big bets'
Queens University Belfast (QUB) was one of the biggest beneficiaries of Mr Feeney's grants from 1993-2015,
being gifted a total of $132m (£83m).

It also received the single biggest donation from the Atlantic Philanthropies, when it was gifted $24m
(£15m) in 2012.

It was for the university's Institute of Health Sciences Centre for Experimental Medicine.

Nathalie Trott, from Queen's, said the grants had "changed the lives" of students and had provided
the university with "state of the art facilities."

"The doors of the Atlantic Philanthropies may have closed in Belfast, but Chuck Feeney's legacy will live
on for generations."


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