China’s top 10 philanthropists gave away 6.3 per cent of their total wealth, or around US$8.7 billion, according to Hurun Report. Photo: EPA.
China’s top 10 philanthropists gave away 6.3 per cent of their total wealth, or around US$8.7 billion, according to Hurun Report. Photo: EPA.

Tech titans hew to China’s ‘common prosperity’ call, as 49 richest tycoons donate a record US$10 billion of their wealth

  • Total donations by China’s 49 top philanthropists rose to a record US$10 billion, while the top 10 gave away 6.3 per cent of their combined wealth
  • Seven of the top 10 philanthropists donated shares of their businesses to charitable foundations, according to Hurun

China’s top 10 philanthropists gave away 6.3 per cent of their total wealth, or around US$8.7 billion, according to Hurun Report. Photo: EPA.
China’s top 10 philanthropists gave away 6.3 per cent of their total wealth, or around US$8.7 billion, according to Hurun Report. Photo: EPA.
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