Embed Size (px)
Citation preview
Lu Weiding, 48, of Hangzhou-based Wanxiang becomes China’s Most Generous with US$720m donation
Tencent's Chen Yidan, 48, was second with a US$500m gift
Real estate developers Xu Jiayin of Evergrande and Yang Guoqiang of Country Garden came in third and fourth
Total donations fell 3% from last year to US$3.28bn
Over the past five years, the number of people donating to poverty alleviation has been increasing year by year, increasing to 29% of the list
this year, making it the second largest donor cause
Education remained the largest donor cause, accounting for 35%, with most giving to their alma mater. Among them, Robin Li and Melissa Ma of
Baidu made the largest single donation to Peking University.
4 of Tencent’s co-founders made the list, with Pony Ma, Zhang Zhidong, Chen Yidan and Xu Chenye jointly donating US$50m to their alma mater
Shenzhen University
Wu Yajun, 55, the world's richest self-made woman, was the most generous female philanthropist. A total of 21 female philanthropists made the list.
Zhang Yiming, founder of Toutiao and Tik Tok, made the list for the first time
Youngest: Zhang Zetian, 26, together with husband Richard Liu of JD ranked 17th with a donation of US$35m
80% of the list were also on the Hurun Rich List, an increase of 18 over last year
10 philanthropists from Hong Kong made the list
Wang Jianlin of Wanda ranked 11st with US$46.9m
The number of living Chinese philanthropists who donated more than CNY 500 million yuan over the years increased by 4 to 65
1 / 25
Hurun Research Institute, world’s largest rich list compiler, released the Hurun Philanthropy List for the 16th consecutive year
48-year-old Lu Weiding donated shares in the listed Wanxiang Sannong worth US$720 million to a charitable trust to commerate his father Lu Guanqiu. Lu Weiding is the second person from Zhejiang to top the Hurun Philanthropy List, after Alibaba’s Jack Ma.
Chen Yidan of Tencent ranked 2nd with a US$500m gift, mainly made up of Tencent shares.
Evergrande’s Xu Jiayin ranked 3rd with a US$230m gift. Xu donated US$90m as an individual to his hometown Zhoukou in Henan and US$70m on the occasion of the Guangdong Poverty Alleviation Day in the name of the group. Xu owns 77% of Evergrande. During the past year, Evergrande has continued to donate in the hundreds of million of dollars.
Total donations were slightly down, by 3% to US$3.2bn. 46 people donated more than CNY 100 million yuan, 17 more than last year.
Over the past five years, the proportion of donations to poverty alleviation has increased year on year, increasing to 29% of the list this year. Education remained the most popular cause for 35%, down 6% from last year. Donations to charitable foundations and other social services dropped 1% from last year, ranking third with 17%.
Within Education, the Alma Mater was the preferred cause, led by the Peking University and Tsinghua University with US$140m and US$70m respectively. Other universities that raised more than CNY 100 million yuan from philanthropists on the list included Shenzhen University, University of Science and Technology of China, Wuhan University, Fuzhou University, Nankai University, Wuhan University of Science and Technology, Xi'an Jiaotong University. Robin Li and Melissa Ma of Baidu made the largest single donation, donating US$100m to Peking University in the name of Baidu.
73 new faces made the list, 2 more than last year. Among the newcomers, the largest donation was Lu Weiding, who donated US$720m to top the list. 85-year-old Xu Yingqiu from Kaiyuan donated US$88m, followed by Wu Yuanxi and Wu Yuangang from Shenzhen real estate developers Hanjing, with a donation of US$51m.
Guangdong philanthropists increased by 8 last year to 29. Fujian philanthropist increased by 5 to 16 people, shooting them back to second place. Zhejiang philanthropists decreased 8 people, ranked third with 6. But Zhejiang philanthropists total donations accounted for the highest proportion of the total list. Sichuan philanthropists have made great progress, 5 more than last year, to 6 people for the first time in the top 3. The number of Jiangsu philanthropists decreased by 3 compared with
2 / 25
last year, holding the 4th place with 5.
Guangdong, with 4 more than last year, remains the region with the most corporate headquarters for philanthropists, with 32 people on the list. Beijing has two fewer people than last year, with 17 remaining in second place. Hong Kong has 9 more people than last year with 14, ranking third. In terms of cities, Beijing comes first, Shenzhen second and Hong Kong third.
Real estate, with 21 more than last year, remains the industry with the most philanthropists on the list, with 60. In second place was the investment with 25, 6 fewer than last year. IT grew 7 philanthropists from last year with 13, overtaking manufacturing to return to third place. Manufacturing 3 fewer than last year ranked 4th with 9.
The average donation accounted for 0.4 percent of their average wealth, 0.1% lower than last year.
70 are from public companies, 20 more than last year.
The number of female philanthropists on the list increased by 8 to 21 from last year, which is lower than the 28.7% of female entrepreneurs on the Hurun Rich List. Wu Yajun, 55, the world's richest self-made woman, was China’s top female philanthropist.
23% are deputies to the 13th National People's Congress or members of the Chinese People's Political Consultative Conference. It increased 9% from last year and the percentage is higher than the Hurun Rich List (7.5%).
The number of China philanthropists alive today who have donated more than CNY 500 million over the years increased by 4 from last year to 65. Mainland China led the way, with 38, 3 more than last year. Hong Kong is next, with 14, the same as last year. Taiwan has 5, 1 more than last year. The United States has 3, 1 fewer than last year. Singapore has 2, 1 more than last year. Macau, Indonesia and Malaysia each 1, the same as last year. Li Ka-shing, Jack Ma, Pony Ma and Cai Chongxin all donated more than CNY 10 billion yuan over the years.
(21 May 2019, Shanghai) The Hurun Research Institute today released the Hurun China Philanthropy List 2019, a ranking of the most generous philanthropists from Greater China. This is the 16th year of the Hurun Philanthropy List and the first time that philanthropists from Hong Kong, Macao and Taiwan philanthropists were included.
Hurun Research based donations on cash and cash-equivalents, together with legally binding commitments, made in the year to 31 March 2019. Donations made by a corporate were assigned to individual shareholders according to the percentage of their shareholding. In the case of Xu Jiayin, for example, donations ascribed to his name for the purpose of the Hurun Philanthropy List took into account donations made by Evergrande multiplied by his
3 / 25
77% shareholding in the group, as well as donations made in his individual name.
This is a brief English language summary of the full Chinese press release which can be found at www.hurun.net. For media enquiries please contact our public relations team whose contact details can be found at the end of this report.
Hurun Research found 114 China philanthropists, who had donated CNY 20 million yuan or more over the past year.
In 2017, China received a new record high of US$21.7bn in donations of goods and money from both home and abroad, an increase of 7.7% over the previous year and up four-fold over the previous decade. Total donations accounted for 0.18% of China's GDP in the same year, with per capita donations of CNY 108 yuan, an increase of 7% over the previous year (according to Giving China 2017 Report released by the China Charity Alliance last year).
Lu Weiding became the 14th philanthropist to give more than CNY 1 billion yuan in a single donation. Lu donated his shares in the listed entity Wanxiang Sannong in memory of his father Lu Guanqiu, the founder of Wanxiang. These shares had a market value of US$720m, based on the closing price on 9 October last year. This charitable trust indirectly held the equity of three listed companies, Wanxiang Denong, Hebei Chengde Lulu and Zhejiang Civil Aviation.
Charles Chen Yidan of Tencent ranked 2nd with a donation of US$500m, mainly made up of Tencent shares to a charitable trust.
Evergrande’s Xu Jiayin ranked 3rd with a donation of US$230m. He donated US$90m as an individual to his hometown Zhoukou and US$70m to Guangdong Poverty Alleviation Day in the name of the group.
Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report said: “The preferred cause of China’s top philanthropists has been education, although poverty alleviation has grown dramatically to become the second most popular cause this year. I hope the Hurun Philanthropy List can help people understand the mindset of some of China’s most successful entrepreneurs and philanthropists, as well as inspire future generations to give back.”
Top 10 Philanthropists
Name Donation $m Cause Company Major
Industries Age
1 *Lu Weiding
& family 720 Social welfare Wanxiang
Automobile Manufacturing,
Real Estate, Agriculture
48
2 * Chen Yidan 500 Education Tencent IT, Investment, 48
4 / 25
Entertainment3 ↓
Xu Jiayin 230Poverty
alleviation, Education
Evergrande Real Estate 61
4↑
Yang Guoqiang &
Yang Huiyan
140
Education, Poverty
alleviation, Medical aid,
Public infrastructure, Disaster
relief, Social welfare
Country Garden Real Estate 64,
38
5 *Xu Yingqiu 88
Public infrastructure, Poverty alleviation
Kaiyuan Real Estate 85
6 *Gong
Junlong 73
Public infrastructure, Poverty alleviation, Education
Hengyu Real Estate, Investment 50
6 * Chen Fashu 73 Medical aid, Education
Xinhuadu Industrial
Retail, Investment 58
8↓Lu Zhiqiang 62
Poverty alleviation, Education
Oceanwide Real Estate, Investment 67
9 * Wu Yuanxi & Wu
Yuangang51 Education Hanking Real Estate 61, -
10 - Huang
Rulun & Huang Tao
47
Poverty alleviation, Education,
Social welfare
Century Golden
ResourcesReal Estate 68,
43
Source: Hurun Research ↑ Rank increase yoy ↓ Rank decrease yoy - No Rank change yoy * New
90% of the Top 10 chose to donate to education and poverty alleviation. 9 of the Top 10 are in property.
Female philanthropistThe number of female philanthropists on the list increased by 8 to 21 from last year, which is lower than the 28.7% of female entrepreneurs on the Hurun Rich List. 21 women philanthropists are: Yang Huiyan, Zhang Zetian, Melissa Ma, Bao Junping, Wu Yajun, Qian
5 / 25
Ying, Zhang Yue’e, Zhao Ning, Bian Haiyan, Wang Ping, Liao Qingqing, Song Xiao, Tao Hongxia, Zhang Yin, Huang Xi, Xu Xin, Yang Shuxian, Zhong Huijuan, Kuang Xiaoqing, Liang Shaozhen and Yu Xuefeng.
The average ageThe average age is 59, four years older than entrepreneurs on the Hurun Rich List and four years older than philanthropists on last year's Hurun Philanthropy List.
Regional distribution
Breakdown by place of birth
BirthplaceNo. of people (change） Most generous
philanthropistDonation ratio on the whole list
1 Guangdong 29（+8） Chen Yidan 37.2%2 Fujian 16（+5） Chen Fashu 10.0%3 Zhejiang 6（-8） Lu Weiding 24.8%
3 Sichuan 6（+5） Wang Jianlin & family * 4.5%
5 Jiangsu 5（-3） Richard Liu & Zhang Zetian* 1.8%
6 Hubei 4（-1） Ai Luming 1.3%6 Henan 4（-1） Xu Jiayin* 8.2%6 Anhui 4（+3） Ni Yongpei 2.4%9 Shandong 3（+1） Lu Qiangzhi* 2.5%9 Chongqing 3（+2） Wu Yajun* 1.1%11 Shanghai 2（+1） Wu Guangzheng 0.2%11 Hebei 2（+2） Wang Wenxue 1.6%11 Jilin 2（+2） Li Yongxin 0.7%
11 Hong Kong 2（+2） Feng Shenjun & Bao Junping 0.9%
15 Heilongjiang 1（-1） Yang Yunchun 0.1%15 Liaoning 1（0） Fang Wei 0.1%
15 Guangxi 1（0） Jiang Rensheng & family* 0.4%
15 Shaanxi 1（+1） Shi Guilu & family 0.1%15 Beijing 1（+1） Li Ge & Zhao Ning 0.5%
15 Ningxia 1（+1） Dang Yanbao & Bian Haiyan 0.5%
6 / 25
15 Jiangxi 1（+1） Zhang Zhihong 0.1%
15 Inner Mongolia 1（+1） Wang Wenbiao &
family 0.4%
15 Shanxi 1（+1） Robin Li 0.6%Source: Hurun Research*also most generous philanthropist in the last year
Breakdown by Headquarters
HeadquarterNo. of people (change） Most generous philanthropist
Donation ratio on the whole list
1 Guangdong 32（+4） Xu Jiayin 42.5%2 Beijing 17（-2） Lu Zhiqiang* 11.4%3 Hong Kong 14（+9） Lv Zhihe 5.3%4 Shanghai 12（0） Xu Rongmao 3.9%5 Fujian 9（+3） Chen Fashu 5.6%6 Zhejiang 5（-3） Lu Weiding 23.8%7 Hubei 4（+1） Ai Luming 1.3%7 Chongqing 4（+3） Jiang Rensheng & family* 0.9%9 Jiangsu 3（-3） Ji Changrong 1.0%9 Anhui 3（+2） Ni Yongpei 1.3%11 Hebei 2（-1） Geng Jianming* 0.2%11 Henan 2（0） Qin Yinglin & Qian Ying 0.7%11 Sichuan 2（+1） Tang Lixin 0.7%14 Shaanxi 1（-1） Shi Guilu & family 0.1%14 Ningxia 1（+1） Dang Yanbao & Bian Haiyan 0.4%14 Tianjin 1（+1） Li Zhantong 0.6%14 Jiangxi 1（+1） Zhang Zhihong 0.1%14 Macau 1（+1） Chen Mingjin 0.2%
Source: Hurun Research*also most generous philanthropist in the last year
Donation CauseCause 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2004Education 35% 41% 44% 47% 44% 27% 34% 36% 24% 26% 18% 39%Social welfare 16% 18% 20% 20% 26% 20% 26% 32% 29% 20% 15% 7%
Poverty alleviation
29% 18% 17% 11% 9% 11% 15% 20% 9% 10% 10% 15%
7 / 25
Disaster relief 1% 4% 3% 3% 5% 19% 1% 3% 26% 28% 43% 27%
Other 19% 19% 16% 19% 16% 23% 24% 9% 12% 16% 14% 12%Source: Hurun Research * Social welfare includes charitable foundation & etc.
In terms of casues, education is still the most popular this year, accounting for 35%, but it is 6 percentage points lower than last year. Poverty alleviation has been on the rise year by year in the past five years. Donations to charitable foundations and other public services accounted for 17%, down 1% from last year, ranking third. On medical care, seven percentage points less than last year, it was fourth at 6%
Education. The main donations include campus construction, endowment or establishment of various kinds of student aid funds, teachers and students' bonuses, and helping students in need, etc. The biggest donors still go to their Alma mater.
The number of alma mater donors increased by three from last year, with 30 on the list. In the past year, Peking University received US$140m, Tsinghua University US$70m 470 million yuan, Shenzhen University US$50m, University of Science and Technology of China US$30m, Wuhan University US$30m, Fuzhou University US$20m, Nankai University, Wuhan University of Science and Technology and Xi 'an Jiaotong University received US$10m respectively.
Donated school Name Donation US$m Company The Name of
Donations
1 Peking University
Robin Li & Melissa Ma 100 Baidu Company
Li Yongxin 20 Offcn Company
Li Ge & Zhao Ning 10 WuXi AppTec PersonalYu Minhong 7 New Oriental Company
2Tsinghua University
Li Hua 39 Excellence PersonalRichard Liu & Zhang Zetian 29 JD Personal
3Shenzhen University
Pony Ma 29 Tencent PersonalChen Yidan 7 Tencent PersonalXu Chenye 7 Tencent PersonalZhang Zhidong 7.3 Tencent Personal
4
University of Science and Technology of China
Li Dong 14.6 Green Tech CompanyMelissa Ma 15 Baidu Personal
Liu Qingfeng 3 Iflytek Personal
5 Wuhan University Ai Luming 10.2 Dangdai Group Personal
8 / 25
Yan Zhi 8.8 Zhuoer PersonalYu Gang & Songxiao 7.9 111 Group Personal
6 Fuzhou University Gao Rongquan 25 Honghui Company7 Nankai University Zhang Wenzhong 15 WuMart Personal
7Wuhan University of Science and Technology
Xu Jiayin 100 Evergrande Personal
7 Xi'an Jiaotong university
Pu Zhongjie & Zhang Yue'e 20 Lepu Personal
10
Nanjing University Xu Xin 10 Capitaltoday Personal
Zhang Zhihong 7 Tongchuang Jiye Personal
11 Chongqing University Tang Lixin 39 Shinesun Personal
11 Fudan University Lu Zhiqiang 29 Oceanwide Company
11South China University of Technology
Liao Qingqing 29
Salubris Pharmaceuticals Personal
14
South China Normal University Ke Zongqing 7 Bluedon Personal
15
Harbin Institute of Technology Yang Yunchun 7 Navtech Personal
15 Jinan University Kong Jianmin 7 KWG Personal
17
University of International Business and Economics
Chen Hongtian 14.6 Cheung Kei Personal
17
Guishan Middle Mchool Chen Zhuolin 15 Agile Personal
Source: Hurun Research
Set up a foundation or fund. The biggest donor is Lu Weiding, who donated all the equity he held in Wanxiang Sannong. Chen Yidan of Tencent donated US$500m worth of Tencent shares to set up a new charitable trust. Baidu's Robin Li and Melissa Ma donated US$100m to Peking University via a foundation. Chen Fashu donated US$100m to set up medical development fund, etc.
Medical Care. Among them, Chen Fashu of Yunnan Baiyao donated US$100m to set up a medical development foundation. Ji Changrong donated US$20m to the Nanjing Charity Foundation for the Liuhe medical education project.
9 / 25
Some big philanthropists for next year?
In March, Alibaba announced that Jack Ma would sell 21.4 million shares and Joseph Cai 9.2 million shares over a 12-month period starting in April, with a total value of US$5.4bn, for charitable commitments and general wealth planning. The actual amount of the donation will not be known until April 2020, so it is not included in the Hurun Philanthropy List 2019. Jack Ma Foundation is a non-public foundation initiated and donated by Jack Ma in China. According to the official website of Jack Ma Foundation, by the end of 2017, its accumulative donation income is US$90m, accumulative donation expenditure is US$30m, there are 54 cooperative enterprises and 121 public welfare institutions. Since its establishment, Cai Chongxin Foundation has donated a large amount of projects including:(1) in August 2018, the Cai Chongxin financial aid program will focus on supporting 92 freshmen from poor families in senior high school and university.(2) in February 2019, made a donation to the new stadium with a total area of 5,904 square meters to Shuanglin town, Nanxun district, Huzhou.
Wang Jian, former chairman of Hainan Airlines, owned 14.98% stake in the group, which announced it would be donated to the Hainan Cihang Charitable Foundation after his death last year, according to an open letter released to Hainan Airlines employees in 2017. According to the Hurun Institute's statistical methods, his donation could amount to US$1.9bn. But there is no document or message that shows exactly whether the donation has been completed. In addition, the Hurun Philanthropy List only ranks Chinese philanthropists alive today, and therefore Wang Jian is not included in the Hurun Philanthropy List 2019.
Before Xiaomi went public last April, Lei Jun received an equity incentive of about 64 million class B common shares, or about 2% of the company's total equity, worth US$1450m. In January, it was announced that he would give all of his equity incentive to charity. Because this donation pledge has not been clear about the specific purpose and the implementation of the amount, so not included in the Hurun Philanthropy List 2019.
Colin Huang Zheng of Pindduoduo announced he would donate some of his own shares in the company to set up a private charitable foundation after the IPO, according to the company's prospectus before its listing last July. Last year, Huang Zheng set aside about 2.1% of his personal shares, worth about US$580m, for the private charity, according to its annual report. But the private charitable foundation is still in the process of being set up, and one of the important uses of the foundation is to provide help for its own employees, which is not included in the calculation of the Hurun Philanthropy List, and thus not included in the Hurun Philanthropy List 2019.
In December 2018, Netease's Ding Lei said in a post on his Wechat that he would donate US$10m to the public welfare of online education to support more schools in poverty-stricken areas to launch live online classes and promote the inclusive development of education resources in China. Because this part of the donation did not find public implementation of information, and therefore not included in the Hurun Philanthropy List.
10 / 25
Largest donations by Global Chinese alive today
There are now 65 Chinese who have donated more than CNY 500 million in their lifetime, up by 4.
Philanthropists who have donated CNY 10bn or more
Name Company Headquarters Age Birthplace
Cai Chongxin Alibaba Hangzhou 55 TaibeiLi Ka-shing Cheung Kong Hong Kong 91 ShantouJack Ma Alibaba Hangzhou 55 HangzhouPony Ma Tencent Shenzhen 48 ShenzhenSource: Hurun ResearchIn alphabetically order
Philanthropists who have donated between CNY 5bn and CNY 10bn
Name Company Headquarters Age Birthplace
Cao Dewang Fuyao Fuzhou 73 FuzhouChen Yidan Tencent Shenzhen 48 ShantouHe Xiangjian Midea Foshan 77 FoshanHuang Rulun & Huang Tao
Century Golden Resources Beijing 68、43 Fuzhou
Lu Weiding** Wanxiang Hangzhou 48 HangzhouWang Jianlin* Wanda Beijing 65 MianyangXu Jiayin Evergrande Shenzhen 61 ZhoukouSource: Hurun Research In alphabetically order* New in this level ** New to the report
Philanthropists who have donated between CNY 3bn and CNY 5bnName Company Headquarters Age BirthplaceChen Qizong Hang Lung Hong Kong 70 Hong KongChen Yidan Tencent Shenzhen 47 HuizhouGuo Taiming Hon Hai Xinbei 69 TaibeiLi Zhaoji Henderson Land Hong Kong 91 Foshan
Liu Luanxiong Chinese Estates Holdings Hong Kong 68 Hong Kong
11 / 25
Lu Zhiqiang Oceanwide Beijing 66 Weihai
Lv Zhihe Galaxy Entertainment Hong Kong 90 Jiangmen
Yang Guoqiang & family*
Country Garden Foshan 64 Foshan
Source: Hurun Research In alphabetically order* New in this level
Philanthropists who have donated between CNY 1bn and CNY 3bn
Name Company Headquarters Age Birthplace
Chen Fashu Newhuadu Fuzhou 57 QuanzhouChen Tanqingfen & family** Hang Lung Hong Kong - Zhongshan
Chen Tianqiao & Crissy Chen Shanda Shanghai 45 Shaoxing
Li Dasan Sharp Hong Kong 98 FoshanMichael Ying Lee-yuen Esprit Hong Kong 70 Wenchang
Pan Disheng Dison Hong Kong 63 ChaozhouXu Rongmao Shimao Shanghai 68 QuanzhouYin Yanliang Ruentex Taibei 69 TaibeiZeng Xianzi Goldlion Hong Kong 85 MeizhouZhang Jianbin Ruihua Nanjin - -Zheng Jiachun & family
New World, Chow Tai Fook Hong Kong 71 Foshan
Zhu Mengyi & family Hopson/Zhu Jiang Investment Guangzhou 59 Meizhou
Source: Hurun Research In alphabetically order** New to the report
Philanthropists who have donated between CNY 500m and CNY 1bn
Name Company Headquarters Age Birthplace
Chen Zhuolin Agile Guangzhou 56 ZhongshanDang Yanbao & Bian Haiyan Baofeng Yinchuan 45 -
Fang Runhua Hip Shing Hong Hong Kong 95 DongguanGoh Cheng Liang Nipsea Singapore 91 SingaporeGong Junlong** Hengyu Shenzhen 50 ShanweiGu Runjin Perfect Zhongshan 60 Kuala LumpurHo Hung San Sociedade de Ho Hung San 98 Hong Kong
12 / 25
Jogos de MacauHou Changcai ** Yuanchang Xiamen 63 QuanzhouHu Baosen Central China Zhengzhou 63 PuyangHuang Qisen & family Tahoe Beijing 53 FujianHuang Wenzai ** Star River Guangzhou 65 GuangzhouHuang Zhaoyang SCE Shanghai 52 QuanzhouHuang Zhiyuan Sinar Mas Djakarta 75 -Jason Chang & family ASE Taibei 75 ShanghaiLau Ming-wai Chinese Estates Hong Kong 40 Hong Kong Li Deyi Hengfeng Hong Kong 79 Hong KongLi Jinyuan Tiens Tianjin 60 Cangzhou
Niu Gensheng Mengniu Inner Mongolia 60 Inner Mongolia
Oscar L. Tang Tang’s New York 81 Shanghai Ou Zongrong Zhenro Fuzhou 54 Putian
Ren Yuanlin Yangzijiang Shipbuilding Wuxi 65 Wuxi
Richard Liu & Zhang Zetian** JD Beijing 45、26 Suqian, Nanjing
Robert Kuok Guo shi Johor Bahru 95 Johor BahruShi Wen-long Chimei Tainan 91 TainanSun Yinhuan Yida Dalian 69 LiaoningTang Lixin Shine Sun Chengdu 55 ChengduTao Xinbo Boli Nanjing 102 NanjingWu Shaoxun Jingpai Huangshi 62 Huangshi
Xie Ming Mingrui Pharmaceutical Los Angeles 64 /
Xu Jiankang ** Powerlong Shanghai 67 QuanzhouXu Lianjie & Family Hengan Quanzhou 65 QuanzhouXu Yingqiu** Kaiyuan Guangzhou 85 MeizhouYang Xiu Tiandi Nanjing 57 XuzhouYang Zhiyuan Yahoo! Sunnyvale 51 Taipei Zhang Jindong Suning Nanjing 55 Nanjing
Source: Hurun Research In alphabetically order** New to the report
Stats from the Hurun Philanthropy List
Year No. of
Average Donatio
Top 50
Top 100Cut
Top Philanthropis
Top Philanthropis
Average age
13 / 25
indiv n US$m
Cut-OffUS$m
-OffUS$m t t Donation
US$m
2019** 114 30 13 2.9 Lu Weiding 720 59
2018 100 30 8.3 2.3 He Xiangjian 1090 55
2017 102 20 5.8 2.2 Xu Guanju & family 440 55
2016 100 44 4.8 1.8 Pony Ma 2050 552015 101 29 3.8 1.7 Jack Ma 2100 552014 103 30 4.3 1.7 Jack Ma 2100 552013 101 8 4.3 1.6 Huang Rulun 85 53
2012 100 15 5.8 2.4 Cao Dewang & family 530 51
2011 100 18 4.3 1.9 Cao Dewang & family 670 52
2010 50 24 1.5 - Yu Pengnian 470 532009 50 11.4 2.1 - Huang Rulun 125 522008 * 100 19 6.4 3.8 Yu Pengnian 440 522007 * 100 14 4.3 2.2 Yu Pengnian 290 512006 * 100 8.3 2.2 0.9 Yu Pengnian 290 482005 * 50 3.2 0.8 - Huang Rulun 42 482004 50 3 0.4 - Huang Rulun 30 48
Source: Hurun Research * the amount donated is the cumulative amount donated since 2003** includes Hong Kong, Macao and Taiwan philanthropists
Methodology To put together a comprehensive list of the largest philanthropists of China is an almost impossible task. However, we believe that the Hurun Philanthropy List, published since 2004, is the most serious and authoritative effort to date, identifying the individuals and highlighting the causes they donate to.
To make this list, the Hurun Research Institute surveyed 3000 of China’s most successful entrepreneurs, including more than 2000 from the recently released Hurun China Rich List 2018 and the Hurun Global Rich List 2019, meticulously cross referencing the results with media reports and charitable foundations. In the course of the research, Hurun Research Institute attended non-profit-related seminars, as well as meeting with scholars, experts, philanthropists and senior members of charitable foundations.
14 / 25
Hurun Research includes cash and cash equivalents pledged with legally binding commitments for the twelve month period from 1 April 2018 to 31 March 2019. When comparing previous lists, please note that for corporate donations Hurun Research for the second year running multiplied the donation by an individual’s shareholding in the company.
The list includes only individuals born and bred in mainland China regardless of the passport they currently hold. Values are rounded, and past figures are subject to exchange rate fluctuations.
Thank you to all the organizations and individuals who have supported and helped us in compiling the list.
15 / 25
Hurun Philanthropy List 2019Rank Name Donatio
n US$m Cause Company Head Office Birthplace
1 Lu Weiding & family 720 Social welfare Wanxiang Zhejiang Zhejiang
2 Chen Yidan 500 Education Tencent Guangdong
Guangdong
3 Xu Jiayin 230Poverty alleviation, Education
Evergrande Guangdong Henan
4Yang Guoqiang & Yang Huiyan
140
Education, Poverty alleviation, Medical aid, Public infrastructure, Disaster relief, Social welfare
Country Garden
Guangdong
Guangdong, Guangdong
5 Xu Yingqiu 88.0
Public infrastructure, Poverty alleviation
Kaiyuan Guangdong
Guangdong
6 Gong Junlong 73.0
Public infrastructure, Poverty alleviation, Education
Hengyu Guangdong
Guangdong
6 Chen Fashu 73.0 Medical aid, Education
Xinhuadu Industrial Fujian Fujian
8 Lu Zhiqiang 62.0 Poverty alleviation, Education
Oceanwide Beijing Shandong
9Wu Yuanxi & Wu Yuangang
51.0 Education Hanking Guangdong
Guangdong
10Huang Rulun & Huangtao
47.0
Poverty alleviation, Education, Social welfare
Century Golden Resources
Beijing Fujian
11 Wang Jianlin & family 46.9 Poverty
alleviation Wanda Beijing Sichuan
12 Wang Wenxue 46.6 Poverty
alleviation Fortune Land Beijing Hebei
13 Li Hua 44.0 Education, Poverty
Excellence Guangdong
Sichuan
16 / 25
alleviation, Social welfare
14 Xu Rongmao 41.0 Education,
Social welfare Shimao Shanghai Fujian
15Huang Qisen & family
36.4 Education, Poverty alleviation
Thaihot Fujian Fujian
16 Pony Ma 35.8 Education, Social welfare Tencent Guangdon
gGuangdong
17Richard Liu & Zhang Zetian
35.0
Education, Poverty alleviation, Social welfare
JD Beijing Jiangsu, Jiangsu
18 Robin Li & Melissa Ma 34.0 Education Baidu Beijing Shanxi,
Anhui
19 Zhu Mengyi 32.0 Poverty alleviation Pearl river Guangdon
gGuangdong
20 Huang Wenzai 31.0
Public infrastructure, Education, Medical aid, Poverty alleviation
Star River Guangdong
Guangdong
21 Ni Yongpei 30.0
Poverty alleviation，Social welfare
Yingjia Anhui Anhui
21 Lui Che Woo 30.0 Social welfare, Education
Galaxy Entertainment
Hong Kong
Guangdong
23 Li Ka-shing 26.0
Social welfare, Medical aid, Education, Culture&Sports, Poverty alleviation
Cheung Kong Hong Kong
Guangdong
24 Xu Jiankang & family 25.0
Social welfare, Culture&Sports, Education、Poverty alleviation
Powerlong Shanghai Fujian
24 Xu Lianjie & family 25.0 Social welfare HengAn Fujian Fujian
26 Gao Rongquan 24.8 Education Honghui Fujian -
17 / 25
27 Gao Jingde 23.0 Education Sunbase International
Hong Kong Sichuan
28 Li Shufu & family 22.6
Education, Poverty alleviation
Geely Zhejiang Zhejiang
29
Fung Sun Kwan Bernard & Pau Chun Ping
21.9 Education
KWONG YEE WO SHIPYARD COMPANY LIMITED
Hong Kong Hong Kong
30 Ji Changrong 21.2 Medical aid,
Social welfare FullShare Jiangsu Anhui
31 Deng Zhenlong 20.7
Environmental protection, Education, Poverty alleviation
Green based Guangdong
Guangdong
32 Li Zhantong 20.4 Poverty alleviation, Medical aid
Datong Tianjin Henan
33 Wu Yajun 20.0 Poverty alleviation Longfor Beijing Chongqing
34Dhanin Chearavanont & family
19.0 Education CP Group Hong Kong
Guangdong
35Chen Zhuolin & family
18.0
Public infrastructure, Poverty alleviation, Education, Social welfare
Agile Guangdong
Guangdong, Guangdong
36 Tang Lixin 16.8 Education Shinesun Sichuan Sichuan
37 Su Zhigang 16.1
Poverty alleviation, Environmental protection, Education
Chime Long Guangdong
Guangdong
37 Li Xianyi 16.1 Social welfare Xinyi Glass Hong Kong Fujian
39 Qin Yinglin & Qian Ying 15.6
Education, Poverty alleviation
Muyuan Henan Henan
40 Ma Xingtian & family 15.0
Environmental protection, Poverty alleviation
Kangmei Guangdong
Guangdong
18 / 25
40 Zhu Xinhong 15.0 Education, Poverty alleviation
Pengyu Henan Henan
42 Zhang Wenzhong 14.7 Education WuMart Beijing Shandong
43Pu Zhongjie & Zhang Yue'e
14.6 Education Lepu Beijing -
43 Ni Liangzheng 14.6 Education Sunon Zhejiang Zhejiang
43 Li Ge & Zhao Ning 14.6 Education Wuxi Pharma
Tech Shanghai Beijing
43Dang Yanbao & Bian Haiyan
14.6 Education Baofeng Energy Ningxia Ningxia
43
Gong Hongjia, Chen Zongnian & Hu Yangzhong
14.6 Education Hikvision Zhejiang -
48Jiang Rensheng & family
13.8 Medical aidZhifei Biological Products
Chongqing Guangxi
49 Li Yongxin 13.3 Education Offcn Beijing Jilin50 Ai Luming 13.1 Education Dangdai Group Hubei Hubei
51Wang Wenbiao & family
12.8 Education, Poverty alleviation
Elion Beijing Inner Mongolia
52Liu Daoming & Wang Ping
11.9 Social welfare Myhome Real Estate Hubei Hubei
53Ye Chenghai & Liao Qingqing
9.2 EducationSalubris Pharmaceuticals
Guangdong -
54 Yan Zhi 8.8 Education Zhuoer Hubei Hubei
54 Wang Genjiu 8.8 Education, Medical aid
Runfeng Investment Anhui -
54 Jose Yu Sunsay 8.8 Culture&Sport
s HKI Hong Kong Fujian
57 Peng Guoyuan 8.1
Poverty alleviation, Education
NWY Guangdong
Guangdong
58 Yu Gang & Song Xiao 7.9 Education 111 Group Shanghai -
19 / 25
59Huang Hongyun & Tao Hongxia
7.8 Poverty alleviation, Education
Jinke Chongqing Chongqing
60 Zhang Jindong 7.4 Poverty
alleviation Suning Jiangsu Jiangsu
61 Zhang Zhidong 7.3 Education Tencent Guangdon
gGuangdong
61 Xu Chenye 7.3 Education Tencent Guangdong -
61 Wu Shaoxun 7.3 Poverty alleviation Jingpai Hubei Hubei
61 Peng Jianhu 7.3 Poverty alleviation Guanda Shanghai Chongqing
61 Li Dong 7.3 Education Green Tech Beijing Jilin
61 Chen Mingjin 7.3 Social welfare Golden Dragon Macao Fujian
67 Hou Changcai 6.9 Public
infrastructure Yuanchang Fujian Fujian
68 Ou Zongrong 6.9
Social welfare, Poverty alleviation, Education, Culture&Sports, Disaster relief
Zhenro Shanghai Fujian
69 He Xiangjian 6.7 Poverty alleviation, Social welfare
Midea Guangdong
Guangdong
70
Henry Cheng Kar-shun & family
6.6 Social welfareNew World/Chow Tai Fook
Hong Kong Hong Kong
71 Xiang Kejian 5.9 Education Jiaxiang Group Sichuan Sichuan72 Yu Minhong 5.8 Education New Oriental Beijing Jiangsu
73 Ding Hemu & family 5.7 Social welfare,
Education Anta Fujian Fujian
74 Zhang Yin 5.3 Social welfare Nine Dragons Paper
Guangdong
Guangdong
75 Wang Junjin & family 5.3 Poverty
alleviation JuneYao Shanghai -
76 Wang Han 5.2 Poverty alleviation JuneYao Shanghai -
77 Huang Xi & family 5.1
Poverty alleviation, Education
Goodfirst Fujian Zhejiang
20 / 25
78 Guo Yingcheng 4.7
Poverty alleviation, Environmental Protection
Kaisa Hong Kong
Guangdong
79 Lin Youwu 4.7 Poverty alleviation Broad Link Guangdon
g -
80 Lee Shau Kee & family 4.7
Social welfare, Culture&Sports
Henderson Land
Hong Kong
Guangdong
81 Lin Weiquan 4.4 Poverty alleviation Jialin Guangdon
g -
81 Ke Zongqing 4.4 Education Bluedon Guangdong -
81 Xu Xin 4.4 Education Capitaltoday Shanghai -
84 Zhang Yiming 4.3 Poverty
alleviation ByteDance Beijing Fujian
85 Luo Dongmin 4.2 Social welfare Wantai Guangdon
g -
86 Chen Hongtian 3.8
Poverty alleviation, Education
Cheung Kei Guangdong
Guangdong
87 Wu Guanjiang 3.8 Medical aid
Zhifei Biological Products
Chongqing Sichuan
87 Geng Jianming 3.8
Education, Poverty alleviation
RiseSun Hebei Jiangsu
89Ma Shaofu & Yang Shuxian
3.7 Poverty alleviation, Medical aid
Zhifu Guangdong
Guangdong
90
Sun Piaoyang & Zhong Huijuan
3.6 Medical aid Hengrui Medicine Jiangsu Jiangsu
91 Wang Junhao 3.5 Poverty
alleviation JuneYao Shanghai Zhejiang
92 Li Ganpo 3.4
Education, Poverty alleviation, Public infrastructure
Jingye Hebei Hebei
93 Zhang Zhihong 3.4 Education Tongchuang
Jiye Jiangxi Jiangxi
93 Shi Guilu & family 3.4 Poverty
alleviation Rongmin Shaanxi Shaanxi
21 / 25
95Tan Bingzhao & family
3.3
Poverty alleviation, Education, Social Culture&Sports,
Nimble Guangdong -
96 Yao Zhonghuan 3.3
Poverty alleviation, Education
Ring His Property
Chongqing -
97 Lin Congying 3.1 Poverty
alleviation Jiumuwang Fujian Fujian
97 Ying Xian 3.1 Poverty alleviation Yuezhong Guangdon
g -
97 Huang Chaoyang 3.1
Social welfare, Education, Poverty alleviation
SCE Shanghai Fujian
100 Cai Jin'an 3.1 Social welfare, Poverty alleviation
Panpan Fujian Fujian
101 Kwong Siu Hing 3.1 Social welfare Sun Hung Kai Hong
KongGuangdong
102 Zhang Zhangsun 3.1
Public infrastructure, Social welfare
Glory Beijing Guangdong
103 Cen Zhaoxiong 3.0 Education Age Gardens Guangdon
gGuangdong
104 Peter Woo Kwong-ching 3.0 Social welfare Wheelock Hong
Kong Shanghai
105 Fang Wei 3.0 Poverty alleviation Fangda Beijing Liaoning
106 Jiang Nan 2.9 Poverty alleviation, Education
Shengfeng Guangdong Shandong
107 Yang Chunyun 2.9 Education Navtech Beijing Heilongjian
g107 Liu Qingfeng 2.9 Education Iflytek Anhui Anhui
107Li Yeshun & Liang Shaozhen
2.9 Poverty alleviation Pengxing Hong
KongGuangdong
107 Kong Jianmin 2.9 Education KWG Guangdon
gGuangdong
107 Huang Yubing 2.9 Social welfare Reid Hong
Kong -
107 Dou 2.9 Social welfare Jinjiang Zhejiang Zhejiang
22 / 25
Zhenggang & Wei Xuefeng
107Chen Kaixuan & family
2.9 Social welfare, Environmental protection
Liby Guangdong
Guangdong
107 Liu Yiqian & family 2.9 Poverty
alleviation Sunline Shanghai Shanghai
23 / 25
About Hurun Report Inc.Nobody Knows China’s Rich Better!
Established in 1999 by British accountant Rupert Hoogewerf, Hurun Report Inc. has grown into a leading research platform based in Shanghai and Mumbai, best-known for its China and India rich lists, and with 150 employees today. Hurun Report Inc. has four main divisions.
Hurun Research Institute ‘World’s Largest Rich List Provider’
2019 marks the 20th anniversary of Hurun Report, highlighting the fastest wealth creating period in the history of the world.
The Hurun Richest Self-Made Women in the World has been highlighting for over ten years the fact that over 70% of the world’s most successful women in business herald from China, ie Chinese are completely dominant in the world of women in business. This has changed the way the world looks at Chinese women in business.
The Hurun China Philanthropy List ranks the most generous individuals in China and is now in its 15th anniversary. With no inheritance tax, Chinese give much more generously than many have previously understood.
Two recent lists with an impact include the Hurun China Unicorn Index, ranking the most dynamic businesses with a valuation of US$1bn or more in China; and the Hurun Most Successful University Alumni.
In India, Hurun Research has launched the Hurun India Rich List for the seventh time last year, and has an active events business there.
‘World Authority on the Chinese High Net Worth Individual’
Recent research partners include financial institutions (PingAn, Bank of China, Taikang Life, Minsheng, Citic), local government (Shanghai, Changbaishan) and Global 500 multinationals (Marriott, Country Garden, Agile, Audi, Volvo).
Three breakthrough lists this past year: Hurun Good Doctors’ List, a ranking of the 9500 most respected doctors in China, broken down by region and speciality; Hurun Best International Schools List; and Hurun Creative Works Intellectual Property List, in Search of the Harry Potter of China, ranking those online novels with the most valuable IPs.
The Hurun Art List ranks the top artists alive today in China for the 12th year and has become a household name amongst artists.
Media and Events ‘The Hurun brand gets 200 million views a month in China’
The Hurun brand has become one of the few non-Chinese media brands to become a household name across China.
Hurun Media monetizes 1 million views a month in China, through its wechat, weibo, website and legacy magazine.
24 / 25
Recent themed events include blockchain, fintech and 30 under 30, with industry-respected awards. We deliver 100+ events a year in China, with 200 entrepreneurs from the Hurun China Rich List attending.
Hurun Report kicked off the world's largest Chinese New Year dinner series in Shanghai on January 16, and is going to 8 cities across 4 continents. Toronto on Jan 20, New York Jan 23, LA Jan 25, London Jan 28, Istanbul Jan 29, Luxembourg Jan 31 and ending up in Sydney on Feb 18. Hurun Report’s mission is to create the world's largest platform of China gatekeepers.
Investments
Hurun Investments has a portfolio of 20 companies with a market value of US$50 million, with investments into tech, media, design, education as well as a vintage car race and a tailor.
The number "20" is integrated into the Chinese character ‘ 谊 ’ pronounced 'yi', meaning 'friendship', symbolizing how building friendships is at the core of how Hurun Report does business with its partners.
For further information, see www.hurun.net
For media inquiries, please contact:Hurun ReportPorsha Pan Tel: +86-21-50105808*601Mobile: +86-139 1838 7446Email: [email protected]
25 / 25
