Monday, 30 June 2014

Chinese Billionaire Donates His Entire Fortune To Charity Leaving His Kids With Absolutely Nothing

Chinese Billionaire Donates His Entire Fortune To Charity Leaving His Kids With Absolutely Nothing 1


They say nothing is really new under the sun, but something definitely come as surprises to us.


Real Estate Mogul, Yu Pegnian is a man who has amassed the kind of fortune a lot of people dream of, moving from a Driver to a real estate Magnate in Hong-Kong.


The 80 year-old Billionaire Pengnian held a press conference make a startling announcement. Yu Pengnian revealed to the world that he was giving away his entire $1.2 billion fortune. And not to his kids. Instead, he announced his intentions to give away the rest of his vast fortune to a foundation he established five years ago to provide aid to his favorite causes: Student scholarships, reconstruction after the 2008 Sichuan earthquake, and paying for operations for those like him who suffer from cataracts. His children will be receiving precisely NOTHING.


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