Hong Kong property tycoon Li Ka-shing ranked number one in the Hurun 2015 Global Chinese Philanthropy list, with Jack Ma and Pricilla Chan (wife of Mark Zuckerberg) trailing close behind.
While Li and Ma have taken turns surpassing one another as Asia’s richest individual (a title which now belongs to Wang Jianlin), Li has proven to be the most charitable with his massive fortune, currently worth 32.8 billion USD.
According to China.org:
The Li Ka-shing foundation, a HK-based charitable organization, has donated over HK$15 billion, or roughly US$1.94 billion, to education and healthcare projects, with 87 percent of them in China. He and his foundation have helped establish Shantou University and the Cheung Kong Graduate School of Business.
Jack Ma, along with Alibaba cofounder Joseph Tsai, has set up two charitable trusts, funded by share options for about 2 percent of Alibaba’s equity, which are worth 14.5 billion yuan, or about US$2.3 billion. The trusts of which Ma accounts for 70 percent will support causes related to the environment, healthcare, education and culture. Ma and his wife Cathy Zhang have also joined the Breakthrough Prize in Life Sciences Foundation and promised to donate 18 million yuan (about US$3 million) to the foundation every year.
Li’s donations look especially generous compared to those made by Dalian Wanda Group chairman Wang Jianlin, who was named Asia’s wealthiest person this year with net worth of 42.6 billion USD.
Wang has given more than 3 billion yuan to charity within the past 10 years, according to ejinsight.
The same report noted that four people who made the top 10 on Hurun’s Global Chinese Rich list didn’t appear on the philanthropy list, including Tencent chairman Pony Ma Huateng, Baidu chief executive Robin Li Yanhong, Hangzhou Wahaha CEO and chairman Zong Qinghou and Li Hejun, founder of Hanergy Holding Group.