495:, the founders of The Giving Pledge, Feeney wrote, "I cannot think of a more personally rewarding and appropriate use of wealth than to give while one is living—to personally devote oneself to meaningful efforts to improve the human condition. More importantly, today's needs are so great and varied that intelligent philanthropic support and positive interventions can have greater value and impact today than if they are delayed when the needs are greater." He gave away a final $ 7 million in late 2016, to the same recipient of his first charitable donations, Cornell University. Over the course of his life, he gave away more than $ 8 billion. At its height, Atlantic had over 300 employees and 10 offices across the globe.
797:, November 12, 2016. Accessed January 6, 2017. "On Thursday, the international foundation Feeney started, Atlantic Philanthropies, gave $ 250,000 to his alma mater, St. Mary of Assumption High School in Elizabeth. The donation is the largest single contribution to the high school, St. Mary officials said. Feeney graduated from the school in 1949 and his desire to donating to others was inspired from his time at the school, Christopher Oechsli the president and CEO of the Atlantic Philanthropies, told St. Mary students."
328:: "The rich returns came about in large part because DFS, like most other retailers in Asia, took a far higher markup on Western luxury items than was the case in Europe and the U.S. In New York, a retailer might price a designer handbag at 2.2 or 2.3 times the wholesale price. But in Asia, the retail price was a standard three times wholesale."
565:. In 2015, he received the UC Presidential Medal from President Napolitano. To honor Feeney's contributions to the school, the UCSF Mission Bay campus announced in December 2023 the renaming of Campus Way, its major thoroughfare on campus, to The Feeney Way. This will include street signs, pavement markers, pole banners and a monument.
634:. They were married in Paris in October 1959, first in a civil ceremony at the town hall, and the next day in church. They had four daughters: Caroleen A. Feeney, Diane V. Feeney, Juliette M. Feeney-Timsit, Leslie D. Feeney-Baily; and one son, Patrick A. Feeney. He and Danielle divorced between 1990 and 1991.
361:
In 1982, Feeney created
Atlantic Philanthropies and, in 1984, secretly transferred his entire 38.75% stake in DFS, then worth about $ 500 million, to the foundation. Not even his business partners knew that he no longer owned any part of DFS. Feeney expanded Atlantic's assets with investments in
321:
DFS eventually expanded to off-airport duty-free stores and large downtown
Galleria stores, becoming the world's largest travel retailer. By the mid-1990s, DFS was distributing profits of up to $ 300 million a year to Feeney, Miller, and two smaller partners. Laura Bird wrote in
546:
Icon of
Industry Award. In 2012, all the universities of Ireland, North and South, jointly conferred an Honorary Doctorate of Laws on Feeney. During the same year, he also received Ireland's Presidential Distinguished Service Award for Irish Abroad.
579:) "Feeney Way" to honor his contributions to the university. In April 2023, the university announced that Cornell Tech campus central thoroughfare "Tech Walk", on Roosevelt Island in New York City, would become its second "Feeney Way".
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in 1949 and later credited his charitable spirit to his education there. His 2016 donation of $ 250,000 was the largest in the school's history from a single contributor. He served as a U.S. Air Force radio operator during the
502:
emails claiming to come from the foundation or from Chuck Feeney himself, saying that they want to distribute money to "randomly selected individuals" worldwide and asking the recipient for personal details.
235:, one of the largest private charitable foundations in the world. Feeney gave away his fortune in secret for many years, choosing to be anonymous, and donating more than $ 8 billion in his lifetime.
314:(DFS Group) in 1960. DFS began operations in Hong Kong, later expanding to Europe and other continents. A breakthrough came in the early 1960s when DFS secured a concession for duty-free sales in
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335:. Miller opposed the sale, and, before a presumptive lawsuit could reveal that Feeney's stake was owned not in fact by him but by the Atlantic Philanthropies, Feeney outed himself in a
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wrote: "Beyond Mr. Feeney's reticence about blowing his own horn, 'it was also a way to leverage more donations—some other individual might contribute to get the naming rights.
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In
December 2020, Cornell University announced that it would rename East Avenue (a road that runs through the center of campus and sits alongside his alma mater, the
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378:, and Legent. For years, Atlantic gave away money in secret, requiring recipients to not reveal the source of their donations. Quoting the president of Atlantic,
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article in 2017, "Until he was 75, he traveled only in coach, and carried reading materials in a plastic bag." He did not own a car or a house and wore a $ 10
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said that "Feeney's beneficence already ranks among the grandest of any living
American." He shunned publicity, although he cooperated in his 2007 biography,
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The concept of "duty-free shopping"— offering high-end concessions to travelers free of import taxes—was in its infancy when Feeney and his college classmate
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On
September 14, 2020, Feeney closed down the Atlantic Philanthropies after the non-profit accomplished its mission of giving away all of its money by 2020.
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of
Philanthropy" due to the stealthy and successful manner in which he anonymously donated approximately $ 8 billion to various charities. In 1997,
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As a youth, Feeney worked selling
Christmas cards door-to-door, as a golf caddy, and shoveling snow from driveways. He graduated from Elizabeth's
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started selling duty-free liquor to
American servicemen in Asia in the 1950s. They later expanded to selling cars and tobacco and founded the
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that none of the one thousand buildings on five continents that were built with Feeney's gifts of $ 2.7 billion bear his name.
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227:(April 23, 1931 – October 9, 2023) was an American businessman and philanthropist who made his fortune as a co-founder of
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Fund, a grant-making charitable body which aims "to make integration, not separation, the norm in our education system".
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parents. His mother was a hospital nurse, and his father was an insurance underwriter. His ancestry can be traced to
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In 2012, he was awarded the UCSF Medal for outstanding personal contributions to the health science mission of the
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in August for his service to
Australian health, education and research through the Atlantic Philanthropies.
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also received grants of more than ÂŁ100m, for capital projects, child education and medical research.
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he supported "mixed" (i.e., Catholic and Protestant) child education. In 1991, he gave ÂŁ8m to the
401:. Through Atlantic, he also donated around one billion dollars to education in Ireland, mostly to
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1391:"Alert: Beware of Email Scam Claiming to be from Atlantic, Charles Feeney or Christopher Oechsli"
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presented Feeney with an honorary doctorate of humane letters in March 2022. He was appointed an
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The Billionaire Who Wasn't: How Chuck Feeney Made and Gave Away a Fortune Without Anyone Knowing
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I had one idea that never changed in my mind—that you should use your wealth to help people.
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In 1996, Feeney and a partner sold their stakes in DFS to the French luxury conglomerate
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1493:"Don Keough, Chuck Feeney, Loretta Brennan Glucksman recognized with Irish gov awards"
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Chuck Feeney Queensland Great 2019, joins Kenny Fletcher in the Brisbane Tennis Trail
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1366:"Exclusive: The Billionaire Who Wanted To Die Broke . . . Is Now Officially Broke"
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The Billionaire Who Wasn't: How Chuck Feeney Secretly Made and Gave Away a Fortune
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1230:"Chuck Feeney: The Irish-American billionaire who wanted to die broke... and did"
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Feeney's second wife, Helga, whom he married in 1995, was his former secretary.
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said of Feeney, " my hero and Bill Gates' hero. He should be everybody's hero."
1633:"Warren Buffett Honors His Hero, The Billionaire Who Secretly Gave It All Away"
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On June 6, 2019, which was the 160th anniversary of the establishment of the
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1793:"Chuck Feeney, Irish American billionaire who gave his fortune away, passes"
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Feeney supported the modernization of public-health structures in Vietnam,
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1812:"Charles Feeney, philanthropist who gave away his billions, dies at 92"
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879:"Charles Feeney, Who Made a Fortune and Then Gave It Away, Dies at 92"
791:"Billionaire remembers his Elizabeth high school with $ 250K donation"
1734:"Philanthropists and role models recognised with Honorary Doctorates"
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The largest single beneficiary of Feeney's giving was his alma mater
318:, allowing the company to market its products to Japanese travelers.
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More controversially, Feeney gave substantial personal donations to
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Taoiseach launches Chuck Feeney Biography at Trinity College Dublin
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presented him with an honorary doctorate of law in December 2022.
965:"Bob Miller expresses pride as DFS celebrates 50 years in Hawaii"
677:"'James Bond of Philanthropy' Gives Away the Last of His Fortune"
371:
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32:"Charles Feeney" redirects here. For the baseball executive, see
1713:"Billionaire Who Gave Away Nearly Everything Honored by Fordham"
808:"Chuck Feeney '56 champions the pleasure of giving while living"
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458:'s free surgeries for children with cleft lips and palates,
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1522:"Eight more Greats awarded on Queensland's 160th birthday"
910:"LVMH Nears Agreement to Buy Remaining Stake in DFS Chain"
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Feeney died in San Francisco on October 9, 2023, aged 92.
1444:"Cornell Chronicle: Hotel School to honor industry icons"
1306:"Letter : Charles F. Feeney : February 3, 2011"
1200:"Cornell Chosen to Build Science School in New York City"
1169:"Chuck Feeney: The Billionaire Who Is Trying To Go Broke"
837:"In Venice, Duty-Free Shopping Takes on a Whole New Look"
27:
Irish-American businessman and philanthropist (1931–2023)
1905:
Cornell University School of Hotel Administration alumni
1863: – documentary originally broadcast by
1577:"Four Successful Innovators Earn UCSF's Highest Honor"
1015:"Millions of Dollars Couldn't Keep DFS Group Together"
341:
article. Atlantic made $ 1.63 billion from the sale.
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Fellows of the American Academy of Arts and Sciences
1467:"Universities honour their 'Renaissance man' Feeney"
1145:"Chuck Feeney: Entrepreneur and philanthropist dies"
738:"Chuck Feeney: The billionaire who gave it all away"
601:Feeney was known for his frugality; according to a
1661:"Cornell's East Avenue to be renamed 'Feeney Way'"
1581:The University of California San Francisco Website
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710:"Out of Sight, Till Now, and Giving Away Billions"
531:. Feeney was also the subject of a documentary by
1078:"LVMH to Buy Duty-Free Empire for $ 2.47 Billion"
577:Cornell University School of Hotel Administration
288:Cornell University School of Hotel Administration
1871:
1329:: CS1 maint: bot: original URL status unknown (
630:. When they first met, she was a student at the
483:In February 2011, Feeney became a signatory to
1528:. Queensland Cabinet and Ministerial Directory
614:As of 2016, he lived in a rented apartment in
1945:St. Mary of the Assumption High School alumni
1910:Honorary companions of the Order of Australia
1311:. Archived from the original on July 25, 2011
1050:"He Gave Away $ 600 Million, and No One Knew"
1583:. The University of California San Francisco
587:Honorary Companion of the Order of Australia
1607:"Campus Way Renamed The Feeney Way by UCSF"
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835:Povoledo, Elisabetta (September 29, 2016).
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1855:Secret Billionaire: The Chuck Feeney Story
1843:" – biography published by
1687:"Cornell Tech campus to name 'Feeney Way'"
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1427:Secret Billionaire: The Chuck Feeney Story
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1841:Secret Billionaire—The Chuck Feeney Story
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1281:"Chuck Feeney – giving it all away - QUB"
1198:Pérez-Peña, Richard (December 19, 2011).
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1775:FACT – French American Charitable Trust
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989:"DFS marks its 50th birthday in Hawaii"
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563:University of California, San Francisco
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1605:Stallings, Alissa (December 7, 2023).
1556:from the original on December 21, 2021
1364:Bertoni, Steven (September 15, 2020).
1167:Bertoni, Steven (September 18, 2012).
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1920:21st-century American philanthropists
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1076:Strom, Stephanie (October 30, 1996).
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736:Edgar, Damien (September 27, 2020).
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1491:O'Shea, James (September 6, 2012).
1465:Minihan, Mary (September 7, 2012).
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1048:Miller, Judith (January 23, 1997).
626:Feeney's first wife, Danielle, was
24:
1810:Murphy, Brian (October 11, 2023).
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1013:Nordheimer, Jon (March 12, 1997).
443:, he funded the party's office in
279:liquor to U.S. naval personnel at
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1935:American people of the Korean War
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1115:O'Clery, Conor (September 2007).
908:Bird, Laura (February 10, 1997).
765:"The secret billionaire giveaway"
752:
708:Dwyer, Jim (September 26, 2007).
1895:American people of Irish descent
1711:Verel, Patrick (March 9, 2022).
1631:Alexander, Dan (June 18, 2014).
1446:. News.cornell.edu. May 27, 2010
987:Newhouse, Doug (July 10, 2012).
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247:, on April 23, 1931, during the
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1900:Philanthropists from New Jersey
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294:and an honorary member of the
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1575:Kim, Leland (April 3, 2012).
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275:and began his career selling
1526:Ministerial Media Statements
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517:magazine called Feeney the "
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452:AIDS clinics in South Africa
290:in 1956. He was a member of
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333:Louis Vuitton Moët Hennessy
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1961:
967:. The Moodie Davitt Report
460:earthquake relief in Haiti
286:Feeney graduated from the
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1407:. Atlantic Philanthropies
542:In 2010, he received the
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395:New York City Tech Campus
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1771:"FACT Board & Staff"
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312:Duty Free Shoppers Group
239:Early life and education
229:Duty Free Shoppers Group
144:Duty Free Shoppers Group
915:The Wall Street Journal
793:, NJ Advance Media for
325:The Wall Street Journal
233:Atlantic Philanthropies
150:Atlantic Philanthropies
1518:Palaszczuk, Annastacia
1348:March 4, 2011, at the
411:Dublin City University
407:University of Limerick
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225:Charles Francis Feeney
53:Charles Francis Feeney
1405:"History and Founder"
985:Largest explained in
441:IRA ceasefire in 1994
349:
245:Elizabeth, New Jersey
67:Elizabeth, New Jersey
1393:. December 31, 2019.
1256:"History of the IEF"
771:. September 21, 2017
422:Integrated Education
308:Robert Warren Miller
283:ports in the 1950s.
182: 1959;
1940:Former billionaires
1740:. December 12, 2022
1236:. December 19, 2023
877:(October 9, 2023).
875:McFadden, Robert D.
487:. In his letter to
464:UCSF Medical Center
296:Sphinx Head Society
243:Feeney was born in
1799:. October 9, 2023.
1204:The New York Times
1151:. October 9, 2023.
1083:The New York Times
1055:The New York Times
1020:The New York Times
884:The New York Times
841:The New York Times
715:The New York Times
682:The New York Times
583:Fordham University
478:The New York Times
391:Cornell University
380:The New York Times
169:Danielle J. Feeney
127:Cornell University
98:Glasnevin Cemetery
88:, California, U.S.
1846:Irish Independent
1691:Cornell Chronicle
1665:Cornell Chronicle
1552:. June 23, 2019.
1123:. PublicAffairs.
485:The Giving Pledge
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