My kind of philanthropist

My kind of philanthropist

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.”

About the Author

Scott Sorheim

Hello! I'm the founder and president of Lean Technologies, Inc. located in Pella, Iowa. (As my wife would say, here comes my "Wheel of Fortune" introduction) I am married to my lovely and unbelievably supportive wife Jenny. We have two sweet daughters, Riley and Brooklyn (we call them twins born 5 years apart), and a fearless son, Kelby. And I blog for on Lean Technologies -- here.

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  1. Scott Whitlock says

    yep, this is a cool model. I don’t know if this guy is a believer or not, but you can’t outgive God!

    Reply

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RT @Skowty: Going 2 spend some time talking @StartupIowa #Pella #StartupFair on @kniakrls w/ @veelhoeden and @leantech this morning. Stoked!Monday Jan 30 - 2:56pm