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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