October 18, 2007
Secretive Philanthropist Breaks Long Silence
On an otherwise unremarkable day in November 1984, Charles F. (Chuck) Feeney arrived in Nassau, the Bahamas, as one of the wealthiest men in America, having quietly amassed a fortune based on a global empire of duty-free shops that sold liquor and luxury items. But when he boarded a flight back to New York that evening, Mr. Feeney was not nearly as wealthy, since he had just transferred the vast majority of his estate — estimated at between $500-million and
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