“I Want the Last Cheque I Write to Bounce”

Chuck Feeney, age 83 in 2014, used to be a billionaire; now, he is not. What happened? He gave away most of his money, leaving himself approximately £1.2 million. During his career as a businessman, he amassed £4 billion from his duty-free shops. He then set up Atlantic Philanthropies, whose goal was to give away his money to good causes. One of his last charitable contribution — made in 2014 — was pledging to give nearly £25 million to Northern Ireland to promote shared education for Protestant and Catholic children, make improvements to dementia care, and provide parenting programmes. Martin McGuinness, the Northern Ireland deputy first minister, said, “These projects will have a significant impact on the quality of people’s lives, now, and for years to come. The legacy will be a brighter future for the most vulnerable people in our community.” In 2007, Mr. Feeney said, “I had one idea that never changed in my mind — that you should use your wealth to help people.” He once spoke about an important ambition: “I want the last cheque I write to bounce.”

For More Information: Cahal Milmo, “Secretive ex-billionaire Chuck Feeney gives away the last of his fortune to educate Northern Irish children.” The Independent (UK). 17 September 2014


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