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The Billionaire Who Wasn't

The Billionaire Who Wasn't

ISBN 978-1586483913

The Irish national broadcaster gave an hour to the secret life of billionaire Chuck Feeney, the man spotted by Forbes Magazine in 1988 as America's 23rd richest man. Back then, I was fresh into Germany while Chuck was fresh into a project to offload billions of dollars in giveaways.

Born a few hours away from me in Elizabeth, New Jersey to a blue-collar Irish-American family during the Depression, a veteran of the Korean War, he had made a fortune as founder of Duty Free Shoppers, the world's largest duty-free retail chain. But secretly, Feeney had already transferred all his wealth to his foundation, Atlantic Philanthropies. Only in 1997, when he sold his duty free interests, was he "outed" as one of the greatest and most mysterious American philanthropists in modern times. A frugal man who travels economy class and does not own a house or a car, Feeney then went "underground" again, until he decided in 2005 to cooperate in a biography to promote giving-while-living. Now in his mid-seventies, he is determined his foundation should spend the remaining $4 billion in his lifetime. The Billionaire Who Wasn't is a tale of one of the greatest untold retail triumphs of the twentieth century, and of what happens to a unique man and his family when confronted with wealth beyond imagining.