“The reaction of my family and me to our extraordinary good fortune is not guilt, but rather gratitude.”
This former billionaire whose net worth became less than $2 million, yet, donated in his lifetime $8 billion. While he set out to die broke, he nonetheless met his financial goal. Feeney, who co-founded the wildly successful retail chainin 1960, has anonymously given away parts of his fortune. He eventually went public with his “Giving While Living” idea, which influenced Bill Gates and Warren Buffett when they launched the Giving Pledge in 2010. Of his $8 billion in donations, some $3.
In September 2020, Feeney and his wife Helga closed his foundation, theHealth, poverty alleviation – Insanely rich!The fabled investor’s pursuit to give away over 99% of his fortune continues. So far, he’s contributed more than $40 billion—much of it through annual gifts to, where it’s being put to work on poverty and healthcare initiatives in the U.S. and developing countries. He’s also given billions in stock to the four charities set up by his three children and his late wife.
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