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Spanish Supreme Court confirms Catalan leader Quim Torra will be forced to step down, likely triggering election - rt

Spanish Supreme Court confirms Catalan leader Quim Torra will be forced to step down, likely triggering election

Spain’s Supreme Court has upheld a decision to remove Catalan separatist leader Quim Torra from his position as head of the autonomous region.
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Merkel reportedly fears Germany could see nearly 20,000 daily Covid-19 cases, but opposes economy-damaging measures - rt

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metro
Billionaire, 89, says he’s happy to be broke after giving entire $8bn fortune to charity

Billionaire, 89, says he’s happy to be broke after giving entire $8bn fortune to charity

metro - 1 week ago
Charles Feeney donated all of his $8billion fortune to charity and was known as an inspiration to people like Warren Buffet and Bill Gates (Fennel Photography and Bill & Melinda Gates Foundation )

An elderly billionaire says he’s delighted to be broke after giving away his entire $8billion fortune to charity.

Charles ‘Chuck’ Feeney, 89, the co-founder of Duty Free shopping, spread his money out through donations to different charities, universities and foundations of his choosing.

Feeney said he is ‘happier than ever’ after setting aside $2million for him and his wife to live on, and donating the rest of his massive fortune.

‘We learned a lot,’ he said. ‘We would do some things differently, but I am very satisfied. I feel very good about completing this on my watch.’

Feeney and his wife Helga celebrated with a Zoom call that included a video message from Bill Gates. US Speaker of the House of Reprensentatives Nancy Pelosi sent Feeney a letter from Congress thanking him for his life’s work.

Feeney was known for making a promise to give away all of his money to charitable causes, and is known as the ‘James Bond of Philanthropy’ due to his previous desire to make his donations anonymously.

The former billionaire was known for creating the idea called Giving While Living, which is to spend money on charities during one’s lifetime instead of after death.

‘And to those wondering bout Giving While Living,’ Feeney said. ‘Try it, youll like it.’

Charles Feeney made his fortune through the popular airport retailer Duty Free. (Photo: Getty Images)

He gave $3.7billion to education including nearly $1billion to his alma mater Cornell. Feeney also donated more than $870million to human rights and social change causes including $62million in grants to abolish the death penalty in the US and $76million for grassroots campaigns supporting the passage of Obamacare medical insurance, according to Forbes.

Feeney’s generosity has even inspired well-known billionaires like Warren Buffet and Bill Gates, who raved about the man’s giving ideaologies.

‘He’s a model for us all,’ Buffet said. ‘It’s going to take me 12 years after my death to get done what he’s doing within his lifetime.’

Gates said that Feeney encouraged him to give back more to the world and inspired him and other philanthropies to donate as much as possible during their lifetime.

‘Chuck created a path for other philanthropists to follow,’ Gates said. No one is a better example of that than Chuck. Many people talk to me about how he inspired them. It is truly amazing.’

Feeney and his wife now live in a modest San Francisco apartment with a plaque that says ‘Congratulations to Chuck Feeney for $8billion of philanthropic giving’.

‘I see little reason to delay giving when so much good can be achieved through supporting worthwhile causes,’ he said. Besides, it’s a lot more fun to give while you live than give while you’re dead.

Get in touch with our news team by emailing us at webnews@metro.co.uk.

For more stories like this, check our news page.

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