US Billionaire, Charles Francis “Chuck” Feeney Donates $8billion Fortune To Charity
By Ejiogu C. Paul
US billionaire and co-founder of airport retail giant, Duty Free Shoppers gave away all his massive wealth ranging about $8billion to charity but has kept $2million for himself.
Charles Francis “Chuck” Feeney, 89, source of wealth is traced to the creation of Duty Free Shoppers with Robert Miller.
The Irish-American business man and philanthropist was famous for his promise to donate all his wealth to charity which was fulfilled this year in September by donating to Foundations, Universities and Charities through his Atlantic Philanthropies organization.
According to Forbes, he gave $62million in grants to end the existence of death penalty in the US, over $870million to human rights and social change including $76million for grassroots campaigns in supporting the passage of Obama care, $37billion to education with almost $1billion to his alma mater, Cornell.