Tag

Atlantic Philanthropies

All articles tagged with #atlantic philanthropies

obituary2 years ago•2 min saved

Billionaire Philanthropist Charles Feeney Dies at 92

Charles "Chuck" Feeney, the retail entrepreneur who co-founded Duty Free Shoppers and amassed a multibillion-dollar fortune, has passed away at the age of 92. Feeney was known for his philanthropy and commitment to "Giving While Living," donating his entire fortune of $8 billion through his foundation, the Atlantic Philanthropies, which closed its doors in 2020 after successfully distributing all funds. Feeney's donations supported various causes globally, including education, healthcare, and human rights. He lived frugally and signed the "Giving Pledge" in 2011, dedicating his wealth to philanthropic endeavors during his lifetime.

via CNN|

#atlantic-philanthropies #charles-feeney #duty-free-shoppers

philanthropy2 years ago•7 min saved

The Philanthropic Journey of Chuck Feeney: From Fortune to Giving

Charles Feeney, the billionaire who made his fortune in duty-free shops and technology start-ups, has passed away at the age of 92. Feeney gained recognition for his commitment to giving away almost all of his $8 billion fortune to charitable causes. He lived a modest life, selling his luxurious possessions and giving up his extravagant lifestyle. Feeney's philanthropic efforts were often anonymous, with his donations going to universities, medical institutions, human rights groups, and peace initiatives around the world. He was hailed as a role model for giving while living and his generosity inspired other billionaires like Bill Gates and Warren Buffett.

via The New York Times|

#atlantic-philanthropies #charles-feeney #donations