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Showing posts from September, 2020

The Billionaire Who Wanted To Die Broke . . . Is Now Officially Broke

 from forbes.com  | Daily Cover|1,242,126 views|Sep 15, 2020,06:55am EDT Exclusive: The Billionaire Who Wanted To Die Broke . . . Is Now Officially Broke David Cantwell for Forbes Steven Bertoni Steven BertoniForbes Staff Leadership Forbes VP & Senior Editor: Forbes CEO Network, Tech, Investing It took decades, but Chuck Feeney, the former billionaire cofounder of retail giant Duty Free Shoppers has finally given all his money away to charity. He has nothing left now—and he couldn’t be happier. Charles “Chuck” Feeney, 89, who cofounded airport retailer Duty Free Shoppers with Robert Miller in 1960, amassed billions while living a life of monklike frugality. As a philanthropist, he pioneered the idea of Giving While Living—spending most of your fortune on big, hands-on charity bets instead of funding a foundation upon death. Since you can't take it with you—why not give it all away, have control of where it goes and see the results with your own eyes?  “We learned a lo...