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THE BILLIONAIRE WHO WASN’T

HOW CHUCK FEENEY SECRETLY MADE AND GAVE AWAY A FORTUNE

A smart business book detailing some vicissitudes of retailing, wrapped in a vivid biography of an engaging tycoon.

Dublin-based journalist O’Clery presents an archetypal American success story, a rags-to-riches account with a twist.

Few people had heard of Charles Francis Feeney in 1988 when Forbes outed him as immensely wealthy. He was, the magazine reported, richer than Mr. Murdoch or The Donald, richer than David Rockefeller. But O’Clery reveals that Chuck Feeney was personally worth merely a few million—Feeney had managed, through his French wife, to transfer, in strict secrecy, his considerable wealth to offshore charitable foundations. Born during the Depression, Feeney was an Irish-American kid from New Jersey, educated at Cornell on the GI Bill. A natural, bright entrepreneur, he devised ways of selling liquor and gray-market cars duty-free to service men abroad. Business was good, and soon he was selling brandy and other extravagant treats to Japanese tourists in Hawaii; the money continued to pour in as he expanded his market to Hong Kong and beyond. But despite his growing wealth, Feeney reverted to his social conscience and to active philanthropy. This dominant retailer of brand-name goods kept his own name concealed, and the code of omerta applied to all who dealt with his secret foundations. With the line between the donor and the charities often porous, subterfuges shrouded major unsolicited gifts to Feeney’s alma mater, to Sinn Féin and to many other beneficiaries around the world (between 1998 and 2006, his Atlantic Philanthropies “provided $220 million for a series of building and scholarship projects and health initiatives in Vietnam.”) A decade ago, the cloak and checkbook operation was finally exposed. Feeney, who flies economy class, wears a $15-dollar watch and uses plastic bags for briefcases, was ready to provide a public example for other wealthy people. There was a split with his former partners when the declining business was sold at the top of the market, but Feeney’s ex-associates, now immensely rich, do not seem to have adopted his principles.

A smart business book detailing some vicissitudes of retailing, wrapped in a vivid biography of an engaging tycoon.

Pub Date: Sept. 24, 2007

ISBN: 978-1-58648-391-3

Page Count: 352

Publisher: PublicAffairs

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: July 15, 2007

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NIGHT

The author's youthfulness helps to assure the inevitable comparison with the Anne Frank diary although over and above the...

Elie Wiesel spent his early years in a small Transylvanian town as one of four children. 

He was the only one of the family to survive what Francois Maurois, in his introduction, calls the "human holocaust" of the persecution of the Jews, which began with the restrictions, the singularization of the yellow star, the enclosure within the ghetto, and went on to the mass deportations to the ovens of Auschwitz and Buchenwald. There are unforgettable and horrifying scenes here in this spare and sombre memoir of this experience of the hanging of a child, of his first farewell with his father who leaves him an inheritance of a knife and a spoon, and of his last goodbye at Buchenwald his father's corpse is already cold let alone the long months of survival under unconscionable conditions. 

The author's youthfulness helps to assure the inevitable comparison with the Anne Frank diary although over and above the sphere of suffering shared, and in this case extended to the death march itself, there is no spiritual or emotional legacy here to offset any reader reluctance.

Pub Date: Jan. 16, 2006

ISBN: 0374500010

Page Count: 120

Publisher: Hill & Wang

Review Posted Online: Oct. 7, 2011

Kirkus Reviews Issue: Jan. 15, 2006

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THE PURSUIT OF HAPPYNESS

FROM MEAN STREETS TO WALL STREET

Well-told and admonitory.

Young-rags-to-mature-riches memoir by broker and motivational speaker Gardner.

Born and raised in the Milwaukee ghetto, the author pulled himself up from considerable disadvantage. He was fatherless, and his adored mother wasn’t always around; once, as a child, he spied her at a family funeral accompanied by a prison guard. When beautiful, evanescent Moms was there, Chris also had to deal with Freddie “I ain’t your goddamn daddy!” Triplett, one of the meanest stepfathers in recent literature. Chris did “the dozens” with the homies, boosted a bit and in the course of youthful adventure was raped. His heroes were Miles Davis, James Brown and Muhammad Ali. Meanwhile, at the behest of Moms, he developed a fondness for reading. He joined the Navy and became a medic (preparing badass Marines for proctology), and a proficient lab technician. Moving up in San Francisco, married and then divorced, he sold medical supplies. He was recruited as a trainee at Dean Witter just around the time he became a homeless single father. All his belongings in a shopping cart, Gardner sometimes slept with his young son at the office (apparently undiscovered by the night cleaning crew). The two also frequently bedded down in a public restroom. After Gardner’s talents were finally appreciated by the firm of Bear Stearns, his American Dream became real. He got the cool duds, hot car and fine ladies so coveted from afar back in the day. He even had a meeting with Nelson Mandela. Through it all, he remained a prideful parent. His own no-daddy blues are gone now.

Well-told and admonitory.

Pub Date: June 1, 2006

ISBN: 0-06-074486-3

Page Count: 320

Publisher: Amistad/HarperCollins

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: March 15, 2006

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