Wednesday, July 11, 2012

The Billionaire Who Stopped Giving - U.S. Business News - CNBC

The Billionaire Who Stopped Giving - U.S. Business News - CNBC: ut the chief reason to admire Chuck Feeney is his announcement yesterday: that he is ending his charitable giving.

It’s not that Feeney has become stingy or uncaring.

The 81-year-old philanthropist is winding down his charitable foundation, The Atlantic Philanthropies, because he has largely fulfilled his promise to give away the bulk of his fortune during his lifetime. He called it “giving while living.”

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