An 89-year-old Irish billionaire named Chuck Feeney is officially broke after he gave away $8 billion(N3tn) to charities, universities, and organizations worldwide via his foundation.
According to the Atlantic Philanthropies, Forbes Magazine, Feenay became a billionaire after he co-founds an airport retailer Duty-Free Shoppers.
The Irish billionaire believed in the idea of ‘Giving While Living’.
In a pre-interview with Forbes, the business tycoon said that he was, in fact, very satisfied.
According to him, under his Giving While Living vision, he has been able to do some hands-on charity and did not have to rely on funding a foundation post-death.
The billionaire added that he learned a lot along his journey and the idea of why not give it all (the wealth) away had struck as very appealing to him.
He wanted to do it under his watch and that is why he gave out all his money anonymously and made sure it stayed that way.
However, Feeney left about $2 million (N767m) for his and his wife’s retirement.
He currently lives in an apartment in San Francisco.