Who is Chuck Feeney? Wiki, Biography, Age, Wife, Children, Instagram, Net Worth

Chuck Feeney Wiki – Chuck Feeney Biography

Chuck Feeney is an Irish-American businessman and philanthropist and also the founder of The Atlantic Philanthropies, one of the largest private foundations in the world. Feeney is a former billionaire who intentionally went “broke” after donating all of his wealth to charities. He gave away his fortune in secret for many years, until a business dispute resulted in his identity being revealed in 1997. Over the course of his life, Feeney has given away more than $8 billion.

In the 1950s he served as a U.S. Air Force radio operator during the Korean War and began his career selling duty-free liquor to US naval personnel at Mediterranean ports. He made his fortune as a co-founder of the Duty-Free Shoppers Group, which pioneered the concept of duty-free shopping.

Feeney also co-founded the retail giant with Robert Miller in 1960, according to Atlantic Philanthropies. The company now operates in 11 major airports and 20 Galleria stores, CNN also reported.

Feeney graduated from Elizabeth’s St. Mary of the Assumption High School in 1949 then went to the Cornell University School of Hotel Administration.

Chuck Feeney Age

Chuck Feeney is 89 years old.

Family

Feeney’s mother was a nurse and his father underwrote insurance. According to The Irish Times, he lives in a “modest” San Francisco apartment rental with his wife, Helga despite his acquired riches.

Donate all his money to Charity

Feeney amassing billions as the co-founder of Duty-Free Shoppers, made a life-long pledge to donate every penny of his wealth before he dies, Forbes reported.

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Over the last 40 years, he donated through his organization Atlantic Philanthropies more than $8 billion to foundations, schools, and charities worldwide, the outlet continued. The San Francisco resident marked the end of his four-decade mission on September 14, formally signing the paperwork to dissolve his philanthropy.

Irish American billionaire Charles “Chuck” Feeney, the cofounder of airport retail chain Duty Free Shoppers (DFS), is arguably the most generous and reclusive philanthropist in the world. Unlike the Musks and Zuckerbergs of tech moguls who promise to give away at least half of their fortunes before they die while living in mansions and flying private jets as long as they can, Feeney is known for his promise to give away all of his money and literally die a penniless man.

As of this week, the 89-year-old former billionaire is officially broke as his foundation, Atlantic Philanthropies, went out of business after giving away more than $8 billion to charitable causes worldwide over the span of 40 years—in most cases anonymously.

On Monday, Feeney signed documents marking the end of Atlantic Philanthropies from San Francisco in a Zoom ceremony attended by his wife and the foundation’s board members. Bill Gates and House Speaker Nancy Pelosi, on behalf of the U.S. Congress, sent in messages thanking Feeney for his work.

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