Chuck Feeney, the co-founder of duty-free shops who gave away nearly his entire $8 billion fortune, has died at the age of 92.
His death was announced by the Atlantic Philanthropies, a group of foundations he had started and funded since the early 1980s.
Who was Chuck Feeney?
Charles Francis Feeney was an American businessman and philanthropist who made his fortune as a co-founder of the Hong Kong based Duty Free Shoppers Group.
He was the founder of the Atlantic Philanthropies, one of the largest private charitable foundations in the world.
Feeney gave away his fortune in secret for many years, until a business dispute resulted in his identity being revealed in 1997. Feeney gave away more than $8 billion in his lifetime.
Feeney was born in Elizabeth, New Jersey, on 23 April 1931, during the Great Depression to modest blue collar Irish-American parents.
His mother was a hospital nurse, and his father was an insurance underwriter. His ancestry can be traced to County Fermanagh in Northern Ireland.
Feeney graduated from Elizabeth’s St. Mary of the Assumption High School in 1949; he has credited his charitable spirit to his education at St. Mary.
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 Korean War, and began his career selling duty-free liquor to U.S. naval personnel at Mediterranean ports in the 1950s.
Feeney graduated from the Cornell University School of Hotel Administration in 1956. He was a member of Alpha Sigma Phi, and an honorary member of the Sphinx Head Society.
Chuck Feeney death cause
Chuck Feeney died on October 9, 2023, at the age of 92, with his company Atlantic Philanthropies, the foundation he launched in 1982, announcing his passing.
No medical cause for Feeney’s death has been given.
When is Chuck Feeney funeral?
As of now, the funeral date of the late Chuck Feeney has not been disclosed by his family.
Having said that, we are still following up on his death, we will update you as soon as we get important information about Chuck Feeney funeral service.
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