Giving money away while you are making it? Novel idea. Getting caught up on some reading and read an article in September 24th BusinessWeek called “Giving It All Away” about a book called The Billionaire Who Wasn’t, which is about Chuck Feeney who quietly gave away his fortune before he amassed it. He could be worth $4 billion today, but instead, is currently worth only $1.5 million. Over the next 12 to 15 years Feeney’s offshore foundation called Atlantic Philanthropies will “spend itself out of business…giving away $350 million annually to four causes: disadvantaged children, the care and treatment of the elderly, global health problems, and human rights.”
