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Article

12 Apr 2007

Author:
Dune Lawrence, Bloomberg

Top China Donors Gave $725 Million in 2006, Hurun Report Says

China's top 100 philanthropists gave 5.6 billion yuan ($725 million) last year, with education, social welfare and poverty reduction attracting the most donors, according to the Hurun Philanthropy List...The top donor, hotel and real estate entrepreneur Yu Pengnian, has given 2 billion yuan ...to health and education causes including free cataract surgery. Zhu Mengyi...who's chairman of property developer Hopson Development Holdings Ltd., ranked second [also refers to China Mengniu Dairy]