Exclusive: The billionaire who wanted to die broke…is now officially broke on.forbes.com/6014GQKys
It took decades, but Chuck Feeney, the former billionaire cofounder of retail giant Duty Free Shoppers has finally given all his money away to charity. He has nothing left now—and he couldn’t be happier
As a philanthropist, he pioneered the idea of Giving While Living—spending most of your fortune on big, hands-on charity bets instead of funding a foundation upon death
Forbes spoke to influential philanthropists on how Chuck Feeney changed charity and inspired giving
Here's what Warren Buffett, the chairman & CEO of Berkshire Hathaway, The Gates Foundation and The Giving Pledge said of Chuck Feeney
Laurene Powell Jobs, the founder and President of Emerson Collective on the former billionaire cofounder of retail giant Duty Free Shoppers
“We learned a lot. We would do some things differently, but I am very satisfied. I feel very good about completing this on my watch,” Feeney tells Forbes forbes.com/sites/stevenbe…
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1/7 A former @Apple employee has been charged by the @doj with stealing information about the company’s autonomous vehicle technology before leaving for a China-based competitor.
2/7 This is one of several cases against people accused of illegally diverting American technology and materials for China, Russia and Iran. Two cases accuse former software engineers of stealing materials from U.S. tech companies “in order to market it to Chinese competitors.”
3/7 One of those cases was against a Chinese citizen and former @Apple engineer, 35-year-old Weibao Wang. After his last day with @Apple, the company discovered he had accessed large amounts of “sensitive proprietary and confidential information.”
1/6 Three sports superstars are once again among the world’s 50 highest-paid athletes, who combined have more than $2 billion in pre-tax earnings across their pro careers. on.forbes.com/6017O9PgZ
2/6 Topping the World’s Highest-Paid Athletes list is @Cristiano, who made an estimated $136 million over the last 12 months as he jumped from England’s Premier League to Saudi Arabian soccer club Al Nassr.
3/6 In the 2nd and 3rd spot on the World’s Highest-Paid Athletes, Lionel Messi and @KMbappe made $130M and $120M, respectively.
1/6 More retailers will go bankrupt this year. The only surprise is it didn’t happen sooner. on.forbes.com/6015OgZPt
2/6 This year is on track to be the worst year for retail bankruptcies since 2020, with mainstays like @BedBathBeyond, @PartyCity and @davidsbridal all filing for Chapter 11 in the last several months.
3/6 Plenty more retailers could go bankrupt before the year is over. The ones that look the most vulnerable to default include: @riteaid, @AtHome and 99 Cents Only, according to ratings companies @MoodysInvSvc and @SPGlobal.
A @jack Dorsey-backed Twitter spin-off company called @bluesky was founded to allow users to port over their accounts to any social media platform. It’s about to hit the market, but @elonmusk won’t play along. forbes.com/sites/digital-…
@jack@bluesky@elonmusk Before he left Twitter, @jack Dorsey promised @bluesky would be compatible with Twitter. He supported the idea that users should have complete control of their online identities.
@jack@bluesky@elonmusk Though Dorsey’s Twitter had already paid Bluesky $13 million as part of a five-year service agreement, Musk promptly ended the deal, including future financial support and the promise to use the new technology, despite his professed interest in a decentralized Twitter.
Last week @Apple dropped the mic on the nation's banking industry by starting to offer 4.15% annual high-yield savings accounts—no minimum, no lockup, FDIC-insured. Why it matters: forbes.com/sites/emilymas…
@Apple As trust in traditional banks falters, the two most iconic names in tech and finance are joining together to create what might become America’s mightiest FinTech– @Apple and @GoldmanSachs. Goldman Sachs Bank is fronting Apple in a relationship that makes banking “invisible”
@Apple@GoldmanSachs Currently, the average bank is paying less than a half a percent on savings accounts, and the new product rollout comes at a time when regional banks are scrambling after the Silicon Valley Bank crisis.
Beyoncé Dominates 2023 Grammy Nominations—Will Face Off With Adele Again #GRAMMYstrib.al/qdVa6JN
11 artists who have succeeded in various fields of entertainment, and they all have one thing in common–they are nominated for #GRAMMYs this year. trib.al/sIw0dLJ