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Charles Feeney '56 - RIP

Posted by Chris H82 
Charles Feeney '56 - RIP
Posted by: Chris H82 (---.res.spectrum.com)
Date: October 10, 2023 12:38AM

He passed away on Monday. A man remarkably focused on turning his earned wealth into helping humanity. RIP. The world needs more folks like him.
 
Re: Charles Feeney '56 - RIP
Posted by: David Harding (---.hsd1.il.comcast.net)
Date: October 10, 2023 12:49AM

Chris H82
He passed away on Monday. A man remarkably focused on turning his earned wealth into helping humanity. RIP. The world needs more folks like him.

[www.nytimes.com]
 
Re: Charles Feeney '56 - RIP
Posted by: CU2007 (---.twcny.res.rr.com)
Date: October 10, 2023 06:27AM

David Harding
Chris H82
He passed away on Monday. A man remarkably focused on turning his earned wealth into helping humanity. RIP. The world needs more folks like him.

[www.nytimes.com]

What an exceptional man
 
Re: Charles Feeney '56 - RIP
Posted by: billhoward (---.nwrknj.fios.verizon.net)
Date: October 10, 2023 05:29PM

Chuck Feeney gave away so much of his fortune, I bet he was afraid to come back on campus in case he had overdue library books.
 
Re: Charles Feeney '56 - RIP
Posted by: marty (---.nycap.res.rr.com)
Date: October 10, 2023 08:42PM

billhoward
Chuck Feeney gave away so much of his fortune, I bet he was afraid to come back on campus in case he had overdue library books.

Yes, but I find it interesting that he was comfortable with 2 million.
 
Re: Charles Feeney '56 - RIP
Posted by: marty (---.nycap.res.rr.com)
Date: October 10, 2023 08:42PM

billhoward
Chuck Feeney gave away so much of his fortune, I bet he was afraid to come back on campus in case he had overdue library books.

Yes, but I find it interesting that he was comfortable with 2 million.
 
Re: Charles Feeney '56 - RIP
Posted by: billhoward (---.nwrknj.fios.verizon.net)
Date: October 10, 2023 11:01PM

marty
billhoward
Chuck Feeney gave away so much of his fortune, I bet he was afraid to come back on campus in case he had overdue library books.
Yes, but I find it interesting that he was comfortable with 2 million.
Interesting because $2 million is a lot, or not very much? At 5% that throws off $100,000, which most people could live on, and once you're 90ish, you probably could start to draw down on the principal without going broke.
 
Re: Charles Feeney '56 - RIP
Posted by: marty (161.11.160.---)
Date: October 11, 2023 07:52AM

billhoward
marty
billhoward
Chuck Feeney gave away so much of his fortune, I bet he was afraid to come back on campus in case he had overdue library books.
Yes, but I find it interesting that he was comfortable with 2 million.
Interesting because $2 million is a lot, or not very much? At 5% that throws off $100,000, which most people could live on, and once you're 90ish, you probably could start to draw down on the principal without going broke.

Interesting because I agree with Chuck yet one of my buddies told me he feels he needs 5-10 million to retire. My friend and I live very differently in personal finance terms. I also wonder how much Feeney set aside for his children and grandchildren - that might be an even more interesting number.

We had a local man of means give away his fortune rather than set up a foundation. I was very much a fan of that, too. He was an RPI professor who likely thanks to their not so warm and cuddly immediate past president gave the money to the Albany Symphony and the Troy hospital.
 
Re: Charles Feeney '56 - RIP
Posted by: ursusminor (---.res.east.verizon.net)
Date: October 21, 2023 07:54PM

marty
billhoward
marty
billhoward
Chuck Feeney gave away so much of his fortune, I bet he was afraid to come back on campus in case he had overdue library books.
Yes, but I find it interesting that he was comfortable with 2 million.
Interesting because $2 million is a lot, or not very much? At 5% that throws off $100,000, which most people could live on, and once you're 90ish, you probably could start to draw down on the principal without going broke.

Interesting because I agree with Chuck yet one of my buddies told me he feels he needs 5-10 million to retire. My friend and I live very differently in personal finance terms. I also wonder how much Feeney set aside for his children and grandchildren - that might be an even more interesting number.

We had a local man of means give away his fortune rather than set up a foundation. I was very much a fan of that, too. He was an RPI professor who likely thanks to their not so warm and cuddly immediate past president gave the money to the Albany Symphony and the Troy hospital.

You are the first to call Shirley "warm and cuddly".:-D
 

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