Tencent’s Pony Ma pledges more than $2bn to charity - FT.com

Tencent’s Pony Ma pledges more than $2bn to charity - FT.com: "The chairman of one of China’s largest internet companies is looking to join the ranks of the technology world’s big philanthropists Mark Zuckerberg and Bill Gates with a more than $2bn donation to charity.
Pony Ma, who is also founder and chief executive of Tencent Holdings, plans to cash in 100m company shares to make the donation to a new “personal charity fund” that is being set up, according to a spokesperson. Ma previously established a charity called the Tencent Foundation."



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Secret philanthropist Bill Gross gives away $700m - and that's just the start

Secret philanthropist Bill Gross gives away $700m - and that's just the start: "Secret philanthropist Bill Gross gives away $700m - and that's just the start"



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Denis O'Brien gave €2.7m last year - UK Fundraising

Denis O'Brien gave €2.7m last year - UK Fundraising: "Irish billionaire Denis O’Brien’s philanthropy vehicle in Ireland, the Iris O’Brien Foundation, made donations of €2.7 million in 2014, down from nearly €3 million the previous year.

The Foundation, which is named after Mr O’Brien’s mother, Iris, supports charitable activity in Ireland and overseas. In 2014 domestic charities received nearly €1.6 million while overseas charities got just under €1 million"



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Carlos Slim Joins Bill Gates, Other Billionaires, With $100 Million To Fight Polio - Forbes

Carlos Slim Joins Bill Gates, Other Billionaires, With $100 Million To Fight Polio - Forbes: At the Global Vaccine Summit in Abu Dhabi late last week, the world’s two richest men made a bit of philanthropic history. Carlos Slim announced his foundation will donate $100 million to the Global Polio Eradication Initiative (GPEI), a Bill Gates-backed effort to eliminate polio. It marks what appears to be the largest collaboration among the two men. It’s also the second time this year the two have announced joint philanthropic efforts.

Anonymous wealthy couple's $30-million gift to help homeless in Vancouver

Anonymous wealthy couple's $30-million gift to help homeless in Vancouver: VANCOUVER --A $30-million philanthropic gift from an anonymous wealthy couple is allowing the City of Vancouver to reopen Taylor Manor as a home for 56 street people with complex mental health issues.

Forget megayachts and private jets: Asia's superrich want to build their own art museums | The Republic

Forget megayachts and private jets: Asia's superrich want to build their own art museums | The Republic: Wang and billionaire investor Liu are part of a new generation of wealthy Asians that is better known for splashing out on extravagant toys such as private jets, mega-sized yachts and supercars. Some, instead, have built big art collections and now aspire to showcase their refined sensibility to a wider audience.

Altruism is catching on in India

Altruism is catching on in India: "According to the recently outed Forbes Heroes of Philanthropy in Asia 2011, an annual survey which surveyed 300 HNWIs (high net worth individuals) worldwide and honoured 48, no less than four top donors are from India. These include billionaire Azim Premji of Wipro, Shiv Nadar of HCL Technologies, corporate honcho Mallikarjuna Rao and Bollywood actor Vivek Oberoi."

Wealthy urged to step up philanthropy - National News - National - General - The Canberra Times

Wealthy urged to step up philanthropy - National News - National - General - The Canberra Times: "Some of Australia's wealthiest families, including the Myers, are calling on other well-off people to put more of their riches into philanthropy.

The Myers (retail), the Potters (finance and invest banking), and the Poola Foundation (part of the extended Murdoch family) are leading a new trend in philanthropy that fuses indigenous cultural heritage with environmental conservation through the Environmental Grantmakers Network. And they want Australia's growing ranks of largely ungiving millionaires to join them."

Nigerian ‘Philanthropist’ Gives Away $100 Million - Mfonobong Nsehe - The Africa Chronicles - Forbes

Nigerian ‘Philanthropist’ Gives Away $100 Million - Mfonobong Nsehe - The Africa Chronicles - Forbes: "However, a Nigerian oil magnate and former defense minister, TY Danjuma just might be a different breed. The 73-year old has put over $100 million of his own money into his Charity, the TY Danjuma Foundation- making it one of Africa’s largest charities, and Danjuma, the country’s biggest philanthropist."

Philanthropy is big business - except in corporate Australia

Philanthropy is big business - except in corporate Australia: "The prominent investment banker and corporate philanthropist says it's time to shine a light on the big end of town, and what is one of the uncomfortable truths about rich Australia - the lack of generous giving by our well-to-do."

Philanthropic Trip of Chen Guangbiao to Continue

Philanthropic Trip of Chen Guangbiao to Continue: "Chen Guangbiao, China's most famous philanthropist, announces to continue his annual donation campaign in the country's poverty-stricken regions in Nanjing, the capital city of east China's Jiangsu province, on Sunday, Jan 23, 2011. 87 million yuan in cash and goods worth 40 million yuan, all donated by Chen and over 90 Chinese entrepreneurs, will be distributed in this trip. [Photo: Yangtze Evening News]

Chen Guangbiao, China's most famous philanthropist, and more than 90 entrepreneurs have announced to continue their annual donation trip this year, Yangtze Evening News reports."

India’s Bill Gates donates $2 billion - Naazneen Karmali - The Rupee Rich - Forbes

India’s Bill Gates donates $2 billion - Naazneen Karmali - The Rupee Rich - Forbes: "Tech billionaire Azim Premji who earlier this year said that he plans to give away a chunk of his wealth to charity, has taken a big step towards that avowed intent. Premji announced today that he is making the equivalent of a $2 billion endowment to a trust to fund his Azim Premji Foundation. Premji will transfer 213 million shares amounting to an 8.7% stake in his software outfit Wipro. The donation, to be completed by December 7, will bring down Premji’s holding in Wipro from 79% to nearly 70%. The software czar, India’s third richest person, had an estimated fortune of $17.6 billion in Forbes Asia’s recent ranking of India’s wealthiest businesspeople."

India's growing wealth boosts charitable giving

India's growing wealth boosts charitable giving: "Now the Malkanis are among a growing number of successful Indian entrepreneurs blazing another trail: charitable giving.

'Earlier, if an Indian traveled, it was so rare that 25 people would see them off at the airport, garland them with flowers and print their picture in the newspaper,' said Anjal Malkani, whose husband helped her family start the business. 'That has completely changed in India, and we've been so blessed in our lives to benefit. We wanted to give back.'"

Tata’s Top Executive Embraces Philanthropy | The Harvard Crimson

Tata’s Top Executive Embraces Philanthropy | The Harvard Crimson: "He is the most generous overseas donor to Harvard Business School to date, not to mention the chairman of the largest Indian conglomerate company, but Ratan N. Tata remains an understated man.

According to both American and Indian intellectuals, humility and integrity are the two distinctive traits of a man considered nearly as powerful as the greatest political leaders in India."

China’s rich give little to charity Caixin Online - MarketWatch

China’s rich give little to charity Caixin Online - MarketWatch: "Hurun says at least 875,000 individuals and families in China are worth more than $1 million, and 130 have accumulated more than $100 million.

Most of this money was made during the past 30 years, after China started a reform and opening initiative. And the rich got richer as China evolved from a society based on shared wealth to one that lets money concentrate in the hands of a few.

China’s Gini coefficient, a measure of wealth disparity, has been climbing as the gap between rich and poor widens. And as this widening has continues, resentment toward the wealthy has been rising in China."

History News Network

History News Network: "Bill Gates and Warren Buffett are throwing a charity banquet in Beijing. On September 29th, the two American tycoons will host a dinner for China’s wealthiest magnates to convince them to give their monies away to charity. This event has caused a stir in the Chinese world. Everyone from movie stars to industry moguls is involved. Doonesbury is talking about it. Some billionaires have publicly declined to dine with the dynamic duo, wondering aloud if the event was planned to publicly part them from their new fortunes. Their response has called into question China’s “charitable impulse” and given rise to questions about China’s ability to “do philanthropy.”"

More than 100 super-rich Chinese pledge to give away wealth - Civil Society - Fundraising - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits

More than 100 super-rich Chinese pledge to give away wealth - Civil Society - Fundraising - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits: "They had been criticised for showing a lack of warmth to the coming visit of evangelical philanthropists Bill Gates and Warren Buffett, but China’s rich have begun to pledge to give away their wealth to charity en masse."

Buffett And Gates Could Learn From This Man In China - Gady Epstein - Beijing Dispatch - Forbes

Buffett And Gates Could Learn From This Man In China - Gady Epstein - Beijing Dispatch - Forbes: "The Shenzhen hotel magnate has never made it onto our annual list of billionaires perhaps because he has given away too much money and property to have a chance to qualify: more than $1.2 billion by some counts. Yu’s philanthropic finale was a public announcement this April that he was giving away his last $470 million in assets: “This will be my last donation. I have nothing more to give away,” he said at the time. “It will all be for charity, no part of it will be inherited by anyone, no part will be used to do business or for investments.”"

Gates, Buffett to Issue Public Explanation for Trip to China - Bloomberg

Gates, Buffett to Issue Public Explanation for Trip to China - Bloomberg: "Gates and Buffett, respectively the world’s second and third-richest people, will write a letter that may be released as early as this week detailing why they’ve invited Chinese billionaires to a private event during a visit to the Asian nation at the end of the month, Zhang Jing, a press officer for the Bill and Melinda Gates Foundation’s Beijing office, said by phone yesterday."

Chinese billionaires shun Gates-Buffett's philanthropy dinner - The Economic Times

Chinese billionaires shun Gates-Buffett's philanthropy dinner - The Economic Times: "EIJING: Chinese billionaires, who in terms of numbers emerged second only to the US, have shunned the invitation of two of the world's richest men Bill Gates and Warren Buffett for a charity get together here later this month for a fear of parting with their hard-earned riches.

Fifty of China's super-rich recently received an invitation to a banquet to be held on September 29 with Buffett and Gates, who are on a world wide mission to persuade the rich to join their campaign to philanthropy."