Charles F. Feeney Roosevelt Island Donation Helps Cornell Campus

LOS ANGELES (LALATE) – A Charles F. Feeney mystery donation to Cornell for a new Roosevelt Island campus has been unmasked by New York news. Charles F. Feeney through his Atlantic Philanthropies gave $350 million to Cornell to build a new technology-based satellite campus on Roosevelt Island, New York news uncovered last night. But who is Charles F. Feeney?
Charles F. Feeney, 80, is a Cornell album. The donor behind the massive new campus on Roosevelt Island in New York City had remained a mystery. Today, that is no longer the case. The donation will also help New York City extensively. News reports claim that the campus will generate thirty thousand jobs for local residents when it opens, and produce $1.4 billion in tax revenue.
Feeney’s riches were built over forty years ago. He co-founded the Duty Free Shoppers Group. In the 1990s, he sold just his stake in the company for a reported $2.47 billion to buyer LVMH Moet Hennessy-Louis Vuitton. He then put $3.5 billion into his charity.
In 2011, he made news becoming a signatory to The Giving Pledge. Under the pledge, he vowed to die broke and donate all his money away. To date, he reportedly doesn’t own a car, even a house. He wrote in February, “I cannot think of a more personally rewarding and appropriate use of wealth than to give while one is living – to personally devote oneself to meaningful efforts to improve the human condition. More importantly, today’s needs are so great and varied that intelligent philanthropic support and positive interventions can have greater value and impact today than if they are delayed when the needs are greater.”














