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The city of Louisville has agreed to pay the family of Breonna Taylor $12 million to settle a lawsuit over her death by police in March.

As part of the settlement, the city has also pledged to institute several police reforms, such as requiring a supervisor to sign off on search warrants and pairing a social worker with a police officer on some calls.

Louisville’s Democrat Mayor Greg Fischer announced the settlement Tuesday.

“In order for the community to heal and move forward, there needs to be legitimacy and trust between the community and the police force,” Fischer said, according to The Wall Street Journal. “We hope that these are steps that are going to begin that process.”

Some reacted in surprise to the settlement, given the early stage of the investigation into Taylor’s death.

“I’m a little shocked it’s so early in the process that the mayor’s office decided to settle it,” Louisville Metro Council President David James said. “There’s not even been any depositions given.”

The Louisville settlement is significantly larger than others paid out in recent years in cases such as the lawsuit over Walter Scott’s death in 2015 when North Charleston, South Carolina, paid his family $6.5 million. Baltimore paid the family of Freddie Gray $6.4 million that same year.

Taylor family attorney Ben Crump reacted to the news, saying in part, “Nothing will ever fill the bottomless void left by the death of Breonna Taylor. This settlement, with the significant reform, ensures that her death has meaning and long-term impact – hopefully preventing the deaths of other Black lives. In my representation of George Floyd, Jacob Blake, Jr., Pamela Turner, and other cases where I have represented individuals impacted by police brutality, there has not been the responsive systematic reform as what has occurred in Louisville, KY in the name of Breonna Taylor.”

Kentucky Attorney General Daniel Cameron is leading an investigation into Taylor’s death. Charges have yet to be filed against any of the officers that raided Taylor’s apartment and shot her. One officer involved in the raid was fired for “wantonly and blindly” firing 10 shots apparently at random into Taylor’s apartment, according to Louisville Metro Police Chief Rob Schroeder.

Taylor, a 26-year-old black woman, died on March 13 during a police raid on her apartment conducted as part of an investigation into an alleged drug dealer, Jamarcus Glover. Taylor was not a suspect in the investigation, though she had been in a previous relationship with Glover and police believed that he was using her apartment to send and receive packages.

Police obtained a no-knock warrant to raid Taylor’s apartment in search of evidence connected to their investigation into Glover. The officers arrived at Taylor’s apartment shortly after midnight on the morning of March 13. Taylor and her boyfriend, Kenneth Walker, were asleep in Taylor’s bed after watching a movie.

The police say that, though they had a no-knock warrant, they announced their presence before busting down the door to Taylor’s apartment. Walker says he heard no such announcement, and that, after hearing sounds at the door, Walker assumed Glover was outside. After police broke down the door, Walker fired at the officers, hitting one. The officers fired at Walker and Taylor, striking Walker in the leg and hitting Taylor multiple times and killing her.

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Billionaire Chuck Feeney has finally given away his entire $8 billion fortune after making secret donations for decades

Chuck Feeney sits in his daughter's apartment in New York, on September 25, 2007. Liz O. Baylen/Los Angeles Times via Getty Images

  • Irish-American billionaire Chuck Feeney reached his lifetime ambition of giving away his entire $8 billion fortune this week. 
  • Feeney has been making secret donations to charities, universities, and institutions worldwide under his foundation, Atlantic Philanthropies, for decades.
  • On Monday, the philanthropist signed the documents marking the end of his foundation, which was first set up in 1982.
  • "We learned a lot. We would do some things differently, but I am very satisfied," Feeney, told Forbes.
  • The former billionaire lives with his wife in a small rented apartment in San Francisco.
  • Visit Insider's homepage for more stories.

After 38 years, Irish-American billionaire Chuck Feeney reached his lifetime goal of wanting to give away his entire $8 billion fortune.

Feeney, who made his fortune after cofounding the retail giant Duty Free Shoppers, has been making secret donations to charities, universities, and institutions worldwide under his foundation, Atlantic Philanthropies, for decades.

This week, the foundation — which was first set up in 1982 — officially ran out of money.

Feeney, who is 89 years old and in poor health, signed the documents marking the end of Atlantic Philanthropies in a Zoom ceremony attended by his wife and the foundation's board members on Monday.

Speaking from San Francisco, the former billionaire said he was very happy with "completing this on my watch." 

"We learned a lot. We would do some things differently, but I am very satisfied," Feeney, told Forbes. "My thanks to all who joined us on this journey. And to those wondering about Giving While Living: Try it, you'll like it."

Feeney also received letters of thanks from Microsoft founder Bill Gates and former California Gov. Jerry Brown, who praised him for his work.  

House Speaker Nancy Pelosi also thanked the former billionaire on behalf of the US Congress.

The 89-year-old told Forbes in 2012 that he had set aside around $2 million for his retirement plans but that he was hoping that he would lose the rest of his fortune before the end of his life.

Feeney was born into a modest blue-collar family in New Jersey in 1931. His parents were Irish-American. He founded the Duty Free Shoppers Group in 1960 with his college classmate Robert Warren Miller. The group pioneered the concept of duty-free shopping in airports.

Feeney is known to be a very private person and has given few interviews over the years. He is also known for having lived a very frugal lifestyle, not owning a car or home, and only one pair of shoes.

He is also a role model to fellow billionaire Warren Buffett.

"Chuck's been the model for us all," Buffett told Forbes. "If you have the right heroes in life, you're 90% of the way home. Chuck Feeney is a good hero to have."

"Wealth brings responsibility," Fenney was often quoted as saying, according to the Guardian.

"People must define themselves, or feel a responsibility to use some of their assets to improve the lives of their fellow humans, or else create intractable problems for future generations."

Feeney now lives in a small rented apartment in San Francisco with his wife. 

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