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Duty-free shops innovator Chuck Feeney died this week at the age of 92. AdvertisementAdvertisementIrish-American billionaire Chuck Feeney died this week at the age of 92. According to Irish journalist Conor O'Clery's biography of Feeney, "The Billionaire Who Wasn't: How Chuck Feeney Secretly Made and Gave Away a Fortune," Feeney was uncomfortable with his wealth even earlier on in his career. Chuck Feeney lived modestly, preferring rented apartments over mansions. Chuck Feeney is a good hero to have."
Persons: Chuck Feeney, , Feeney, Conor O'Clery's, Chuck Feeney Secretly, Carnegie Corporation Feeney, O'Clery, Helga, didn't, — they'd, Forbes, Bill Gates, Warren Buffett, frugality — Feeney, Buffett, frugally Organizations: Service, Duty, Shoppers, Facebook, Carnegie Corporation, Timex, Volvo, Gates Locations: American, New Jersey, San Francisco
Los Angeles CNN —Charles “Chuck” Feeney, a retail entrepreneur and investor who amassed a multibillion-dollar fortune and then gave it all away, has died. He died peacefully in San Francisco on Monday, the Atlantic Philanthropies, Feeney’s foundation, said on its website. Feeney made much of his fortune after co-founding Duty Free Shoppers, a chain of duty-free airport stores specializing in luxury goods, in 1960 with an undergraduate classmate from Cornell University. In total, the Atlantic Philanthropies made grants totaling $8 billion across five continents — much of it anonymously, the foundation said. He gave nearly $1 billion to Cornell through his foundation since 1982, according to an obituary on Cornell’s website.
Persons: Los Angeles CNN — Charles “ Chuck ” Feeney, Feeney, , ” Feeney, frugally, Cornell’s, , Bill, Melinda Gates, Warren Buffett, Organizations: Los Angeles CNN, Free Shoppers, Cornell University, DFS, Cornell Locations: San Francisco, Vietnam, Ireland, Elizabeth , New Jersey
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