Li Ka Shing
WHY Him? Hong Kong’s richest person is also one of the city’s most generous philanthropists he founded the Li Ka Shing Foundation in 1980 and aims to donate at least a third of his more than US$30bn fortune to it. DIGGING DEEP Li has made multiple large donations, including armarking HK$8bn worth of grants for Guangdong’s Shantou University, which he helped to establish.
Lui Che Woo
WHY Him? Chairman of the Galaxy Entertainment Group, Lui established the Lui Che Woo Prize For World Civilisation in 2015, honouring people who have made “remarkable contributions to the welfare of mankind”. The prize comes with a cash payment of HK$20m more than double the reward for a Nobel. Previous honourees include former US president Jimmy Carter and the international NGO Médecins Sans Frontières.
WHY Him? Chairman of the Hang Lung Group, Chan is regularly cited as one of Asia’s leading philanthropists and made headlines in 2014 when he donated US$350m to Harvard, the largest donation the university has ever received. THAT’S NOT ALL Chan is also co-chair of the Asia Society and supports the University of Southern California and the Chinese Heritage Foundation, among many other causes. With his brother Gerald, he manages their family’s philanthropic Morningside Foundation.
WHY Him? Wheelock and Wharf tycoon Peter Woo has been a business and community leader and a quiet philanthropist for more than 40 years. In 1994 Woo donated HK$120m to build the Sir Yue Kong Pao Center for Cancer and the Lady Pao Children’s Cancer Centre. That same year he persuaded the government to establish the Hong Kong Environment and Conservation Fund Committee, which has since directed more than HK$5bn into more than 4,000 eco initiatives around the city. The fund was only made possible by the HK$50m seed funding provided by the Woo Wheelock Green Fund. THAT’S NOT ALL In 2011, Woo established Project WeCan, a HK$500 million initiative to provide Hong Kong students with opportunities for professional development.
Lee Shau Kee
WHY Him? Henderson Land supremo Lee founded the Lee Shau Kee Foundation in 1988, and through it he has made several major donations, including RMB330m (about US$47.4m) to establish Mainland China’s largest agricultural training programme; HK$500m to the University of Hong Kong; and, in May 2018, HK$100m to the Hang Seng Management College. DIGGING DEEP Lee stated in a biography that he would donate a further HK$1bn to charity if the Hang Seng Index climbed above 30,000 points. When exactly that happened on November 22, 2017, a spokesperson announced he would donate the money to “charities and education programmes.”
WHY Her? After observing a lack of support for the arts and heritage in Hong Kong, Michelle Ong established the First Initiative Foundation (FIF) in 2011 to give the city’s cultural scene a boost. Over the years Ong and FIF have worked on a series of innovative projects, including publishing two children’s books about Monet to accompany an exhibition of the artist’s work and exhibiting a full T-rex skeleton—the first ever displayed in Hong Kong in IFC mall.
WHY Him? The Kadoorie family have been philanthropic leaders in Asia for generations, dating back to the late 19th century when Elly and Ellis Kadoorie began supporting and establishing a series of charitable organisations. Today Michael Kadoorie is a trustee of the Kadoorie Charitable Foundation, which donates to organisations around Asia. Since the 1970s the Kadoorie Charitable Foundation has supported more than a million people in Nepal. THAT’S NOT ALL The family continue to support Kadoorie Farm, a conservation and education centre in Hong Kong’s New Territories.
Victor and William Fung
WHY them? These brothers co-founded the Victor and William Fung Foundation in 2006 with the aim of nurturing future leaders by providing scholarships to university students around the world. At the time of writing, there are 5,400 Fung Scholars spread over 31 universities.
WHY Her? In 1987 one of Lo’s friends was diagnosed with cancer and much to Lo’s shock—found that there wasn’t much of a support network for cancer patients in Hong Kong. Spurred into action, Lo established the Hong Kong Cancer Fund that same year. Today the organisation serves more than 20,000 people a year through its three CancerLink support centres and seven in-hospital resource centres.