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In 1996, Feeney and a partner sold their stakes in DFS to the French luxury conglomerate Louis Vuitton Moët Hennessy. [14] Miller opposed the sale, [ 14 ] and, before a presumptive lawsuit could reveal that Feeney's stake was owned not in fact by him but by the Atlantic Philanthropies, Feeney outed himself in a New York Times article.
In 1996, Feeney sold his shares in DFS to French luxury goods conglomerate LVMH, which now owns a majority stake in the retailer. DFS has more than 850 boutiques spanning multiple continents ...
In 1960, American entrepreneurs Charles Feeney [5] and Robert Warren Miller [6] founded Tourists International, which later became Duty Free Shoppers (DFS), in Hong Kong.In 1962, two DFS stores were opened at the international airports in Hong Kong and Honolulu, the first duty-free shop in the United States.
Charles “Chuck” Feeney made much of his riches selling booze, cigarettes and perfume — and gave nearly all of it away before he died. ... The co-founder of the Duty Free Shoppers Group (DFS ...
The Atlantic Philanthropies was a limited-life foundation (following plans for a spend-down put forward in 2002), [15] which stated it would close its doors upon the successful completion of its task of giving away to charity all of founder Chuck Feeney's fortune (except for $2 million he had set aside decades earlier for the retirement of ...
Charles "Chuck" Feeney, an Irish American businessman and philanthropist who devoted his entire personal fortune to global philanthropy in his lifetime, died at 92 on Oct. 9. Feeney's philanthropic...
Robert Warren Miller (born May 23, 1933) is an American-British billionaire, entrepreneur, co-founder of DFS (Duty Free Shops), and sailing champion.He is the father of Marie-Chantal, Crown Princess of Greece, Princess Alexandra von Fürstenberg, and Pia Getty, dubbed by tabloids and high society as The Miller Sisters.
Charles “Chuck” Feeney made much of his riches selling booze, cigarettes and perfume. The co-founder of the Duty Free Shoppers Group died on Oct. 9 at the age of 92, but fulfilled his pledge ...