Chuck Feeney is a champion of Giving While Living and has long believed in the philosophy that wealthy people should use their money to make the world a better place during their lifetimes and not after they’ve kicked the bucket. So Feeney is on a mission to spend all his money on notable causes and he will have spent his billions towards this end by 2020!
His foundation, the Atlantic Philanthropies is one of the largest private foundations in the world. It has contributed $6.2 billion in the areas of education, science, health care, aging and civil rights in the U.S., Australia, Bermuda, South Africa, Ireland and Vietnam. The remaining $1.3 billion will be spent by 2016.
“By the time we close our doors in 2020, we will have invested nearly $8 billion in promising programs and people, in places where we saw the chance to create opportunity and promote greater fairness and equity for all. Because we believe that it is imperative to address deeply rooted problems sooner than later, we frequently have made “big bets” designed to produce lasting results.” (atlanticphilanthropies.org)
Feeney made his money by co-founding Duty Free Shoppers Group, going on to build a 7.5 billion empire over the last 30 years. There aren’t too many living people who have given away as much money. Feeney is a hero in our eyes for being at the forefront of Giving While Living.
“Tell me and I forget. Teach me and I remember. Involve me and I learn.” – Benjamin Franklin
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