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Hurun China Philanthropy List 2019

Intro
The Hurun Research Institute today released the Hurun China Philanthropy List 2019, a ranking of the most generous philanthropists from Greater China.

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

 

Hurun Research Institute, world’s largest rich list compiler, released the Hurun Philanthropy List for the 16th consecutive year


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l  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.

 

l  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.

 

l  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%.

 

l  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.

 

l  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.

 

l  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 last year, holding the 4th place with 5.

 

l  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.

 

l  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.

 

l  The average donation accounted for 0.4 percent of their average wealth, 0.1% lower than last year.

 

l  70 are from public companies, 20 more than last year.

 

l  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.

 

l  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%).

 

l  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 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,   Entertainment

48

3

Xu   Jiayin

230

Poverty   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 Yuangang

51

Education

Hanking

Real   Estate

61, -

10 -

Huang   Rulun & Huang Tao

47

Poverty   alleviation, Education, Social welfare

Century   Golden Resources

Real   Estate

68, 43

Source: Hurun Research

↑ Rank increase yoy  ↓ Rank decrease yoy  - No Rank change yoy  * New

 

l  90% of the Top 10 chose to donate to education and poverty alleviation.

l  8 of the Top 10 are in property.

 

 

Female philanthropist

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. 21 women philanthropists are: Yang Huiyan, Zhang Zetian, Melissa Ma, Bao Junping, Wu Yajun, Qian 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 age

The 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



Birthplace

No. of people (change

Most generous philanthropist

Donation 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

10

Fang Wei

0.1%

15

Guangxi

10

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%

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



Headquarter

No. 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

120

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

20

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 Cause


Cause

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2004

Education

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%

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

Personal

Yu Minhong

7

New Oriental

Company

2

Tsinghua University

Li Hua

39

Excellence

Personal

Richard   Liu & Zhang Zetian

29

JD

Personal

3

Shenzhen   University

Pony Ma

29

Tencent

Personal

Chen Yidan

7

Tencent

Personal

Xu Chenye

7

Tencent

Personal

Zhang Zhidong

7.3

Tencent

Personal

4

University   of Science and Technology of China

Li Dong

14.6

Green   Tech

Company

Melissa Ma

15

Baidu

Personal

Liu Qingfeng

3

Iflytek 

Personal

5

Wuhan   University

Ai Luming

10.2

Dangdai   Group

Personal

Yan Zhi

8.8

Zhuoer  

Personal

Yu Gang & Songxiao

7.9

111   Group

Personal

6

Fuzhou   University

Gao Rongquan

25

Honghui

Company

7

Nankai   University

Zhang Wenzhong

15

WuMart

Personal

7

Wuhan   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

11

South   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.

 

 

 

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.

 

 

 

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

Taibei

Li Ka-shing

Cheung Kong

Hong Kong

91

Shantou

Jack Ma

Alibaba

Hangzhou

55

Hangzhou

Pony Ma

Tencent

Shenzhen

48

Shenzhen

Source: Hurun Research

In alphabetically order

 

Philanthropists who have donated between CNY 5bn and CNY 10bn


Name

Company

Headquarters

Age

Birthplace

Cao Dewang

Fuyao

Fuzhou

73

Fuzhou

Chen Yidan

Tencent

Shenzhen

48

Shantou

He Xiangjian

Midea

Foshan

77

Foshan

Huang Rulun &   Huang Tao

Century Golden Resources

Beijing

6843

Fuzhou

Lu Weiding**

Wanxiang

Hangzhou

48

Hangzhou

Wang Jianlin*

Wanda

Beijing

65

Mianyang

Xu Jiayin

Evergrande

Shenzhen

61

Zhoukou

Source: Hurun Research

In alphabetically order

* New in this level ** New to the report


Philanthropists who have donated between CNY 3bn and CNY 5bn


Name

Company

Headquarters

Age

Birthplace

Chen Qizong

Hang Lung

Hong Kong

70

Hong Kong

Chen Yidan

Tencent

Shenzhen

47

Huizhou

Guo Taiming

Hon Hai

Xinbei

69

Taibei

Li Zhaoji

Henderson Land

Hong Kong

91

Foshan

Liu Luanxiong

Chinese Estates Holdings

Hong Kong

68

Hong Kong

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

Quanzhou

Chen Tanqingfen & family**

Hang Lung

Hong Kong

-

Zhongshan

Chen Tianqiao & Crissy Chen

Shanda

Shanghai

45

Shaoxing

Li Dasan

Sharp

Hong Kong

98

Foshan

Michael Ying Lee-yuen

Esprit

Hong Kong

70

Wenchang

Pan Disheng

Dison

Hong Kong

63

Chaozhou

Xu Rongmao

Shimao

Shanghai

68

Quanzhou

Yin Yanliang

Ruentex

Taibei

69

Taibei

Zeng Xianzi

Goldlion

Hong Kong

85

Meizhou

Zhang 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

Zhongshan

Dang Yanbao & Bian Haiyan

Baofeng

Yinchuan

45

-

Fang Runhua

Hip Shing Hong

Hong Kong

95

Dongguan

Goh Cheng Liang

Nipsea

Singapore

91

Singapore

Gong Junlong**

Hengyu

Shenzhen

50

Shanwei

Gu Runjin

Perfect

Zhongshan

60

Kuala Lumpur

Ho Hung San

Sociedade de Jogos de Macau

Ho Hung San

98

Hong Kong

Hou Changcai **

Yuanchang

Xiamen

63

Quanzhou

Hu Baosen

Central China

Zhengzhou

63

Puyang

Huang Qisen & family

Tahoe

Beijing

53

Fujian

Huang Wenzai **

Star River

Guangzhou

65

Guangzhou

Huang Zhaoyang

SCE

Shanghai

52

Quanzhou

Huang Zhiyuan

Sinar Mas

Djakarta

75

-

Jason Chang & family

ASE

Taibei

75

Shanghai

Lau Ming-wai

Chinese Estates

Hong Kong

40

Hong Kong

Li Deyi

Hengfeng

Hong Kong

79

Hong Kong

Li 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

4526

Suqian, Nanjing

Robert Kuok

Guo shi

Johor Bahru

95

Johor Bahru

Shi Wen-long

Chimei

Tainan

91

Tainan

Sun Yinhuan

Yida

Dalian

69

Liaoning

Tang Lixin

Shine Sun

Chengdu

55

Chengdu

Tao Xinbo

Boli

Nanjing

102

Nanjing

Wu Shaoxun

Jingpai

Huangshi

62

Huangshi

Xie Ming

Mingrui Pharmaceutical

Los Angeles

64

/

Xu Jiankang **

Powerlong

Shanghai

67

Quanzhou

Xu Lianjie & Family

Hengan

Quanzhou

65

Quanzhou

Xu Yingqiu**

Kaiyuan

Guangzhou

85

Meizhou

Yang Xiu

Tiandi

Nanjing

57

Xuzhou

Yang 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 indiv

Average   Donation US$m

Top 50 Cut-Off

US$m

Top 100Cut-Off

US$m  

Top   Philanthropist

Top   Philanthropist Donation US$m

Average   age

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

55

2015

101

29

3.8

1.7

Jack Ma

2100

55

2014

103

30

4.3

1.7

Jack Ma

2100

55

2013

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

53

2009

50

11.4

2.1

-

Huang Rulun

125

52

2008 *

100

19

6.4

3.8

Yu Pengnian

440

52

2007 *

100

14

4.3

2.2

Yu Pengnian

290

51

2006 *

100

8.3

2.2

0.9

Yu Pengnian

290

48

2005 *

50

3.2

0.8

-

Huang Rulun

42

48

2004

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.

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.


Hurun Philanthropy List 2019


Rank

Name

Donation 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

230

Poverty   alleviation, Education

Evergrande

Guangdong

Henan

4

Yang 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

9

Wu Yuanxi & Wu   Yuangang

51.0

Education

Hanking

Guangdong

Guangdong

10

Huang 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   alleviation, Social welfare

Excellence

Guangdong

Sichuan

14

Xu Rongmao

41.0

Education, Social   welfare

Shimao

Shanghai

Fujian

15

Huang Qisen &   family

36.4

Education, Poverty   alleviation

Thaihot

Fujian

Fujian

16

Pony Ma

35.8

Education, Social   welfare

Tencent

Guangdong

Guangdong

17

Richard 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

Guangdong

Guangdong

20

Huang Wenzai

31.0

Public   infrastructure, Education, Medical aid, Poverty alleviation

Star River

Guangdong

Guangdong

21

Ni Yongpei

30.0

Poverty   alleviationSocial 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, EducationPoverty alleviation

Powerlong

Shanghai

Fujian

24

Xu Lianjie &   family

25.0

Social welfare

HengAn

Fujian

Fujian

26

Gao Rongquan

24.8

Education

Honghui

Fujian

-

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

34

Dhanin Chearavanont   & family

19.0

Education

CP Group

Hong Kong

Guangdong

35

Chen 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

40

Zhu Xinhong

15.0

Education, Poverty   alleviation

Pengyu

Henan

Henan

42

Zhang Wenzhong

14.7

Education

WuMart

Beijing

Shandong

43

Pu 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

43

Dang Yanbao &   Bian Haiyan

14.6

Education

Baofeng Energy

Ningxia

Ningxia

43

Gong Hongjia, Chen   Zongnian & Hu Yangzhong

14.6

Education

Hikvision

Zhejiang

-

48

Jiang Rensheng   & family

13.8

Medical aid

Zhifei Biological   Products

Chongqing

Guangxi

49

Li Yongxin

13.3

Education

Offcn

Beijing

Jilin

50

Ai Luming

13.1

Education

Dangdai Group

Hubei

Hubei

51

Wang Wenbiao &   family

12.8

Education, Poverty   alleviation

Elion

Beijing

Inner Mongolia

52

Liu Daoming &   Wang Ping

11.9

Social welfare

Myhome Real Estate

Hubei

Hubei

53

Ye Chenghai &   Liao Qingqing

9.2

Education

Salubris   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&Sports

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

-

59

Huang 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

Guangdong

Guangdong

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 welfare

New World/Chow Tai   Fook

Hong Kong

Hong Kong

71

Xiang Kejian

5.9

Education

Jiaxiang Group

Sichuan

Sichuan

72

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

78

Guo Yingcheng

4.7

Poverty   alleviation, Environmental Protection

Kaisa

Hong Kong

Guangdong

79

Lin Youwu

4.7

Poverty   alleviation

Broad Link

Guangdong

-

80

Lee Shau Kee &   family

4.7

Social welfare,   Culture&Sports

Henderson Land

Hong Kong

Guangdong

81

Lin Weiquan

4.4

Poverty   alleviation

Jialin

Guangdong

-

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

Guangdong

-

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

89

Ma 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

95

Tan   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

Guangdong

-

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 Kong

Guangdong

102

Zhang Zhangsun

3.1

Public   infrastructure, Social welfare

Glory

Beijing

Guangdong

103

Cen Zhaoxiong

3.0

Education

Age Gardens

Guangdong

Guangdong

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

Heilongjiang

107

Liu Qingfeng

2.9

Education

Iflytek 

Anhui

Anhui

107

Li Yeshun &   Liang Shaozhen

2.9

Poverty   alleviation

Pengxing

Hong Kong

Guangdong

107

Kong Jianmin

2.9

Education

KWG

Guangdong

Guangdong

107

Huang Yubing

2.9

Social welfare

Reid

Hong Kong

-

107

Dou Zhenggang   & Wei Xuefeng

2.9

Social welfare

Jinjiang

Zhejiang

Zhejiang

107

Chen Kaixuan &   family

2.9

Social welfare,   Environmental protection

Liby

Guangdong

Guangdong

107

Liu Yiqian &   family

2.9

Poverty   alleviation

Sunline

Shanghai

Shanghai

 

 


 

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.

 

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.

 

                                               微信图片_20190307110512.png

 

The number "20" is integrated into the Chinese character ‘’ 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

 

 

Download:

Hurun China Philanthropy List ENG&CHN 20190521.xlsx

新闻稿:《2019胡润慈善榜》190521.docx

Press Release - Hurun China Philanthropy List ENG 20190521.docx

Keywords:most generous philanthropists from Greater China
Editor:Porsha Pan