‘Logistics Tycoon’ Xu Guanju of Transfar becomes China’s Most Generous, donating US$430m last year
Tencent co-founder Chen Yidan second (again!) with US$320m donation
Education is preferred cause, especially alma maters
Internet sensation Papi Jiang, 30, youngest on list
‘Real Estate Queen’ Wu Yajun most generous female philanthropist with US$14m donation
Leading Authority on China’s wealthy publishes ranking of China’s 100 Most Generous Philanthropists for 14th Year and Hurun Global Chinese Philanthropy List for 4th Year
l China’s Most Generous Philanthropist Xu Guanju family donated US$430m to Transfar Charity Foundation last October. The foundation focuses on relieving poverty, health, education and technology, green and ecology, agriculture and rural development, staff development and protection. Tencent co-founder Chen Yidan donated US$320m rank 2nd, setting up the Yidan Award, one of the world's largest education awards in Hong Kong. Real estate tycoon Xu Jiayin of Evergrande donated US$180m ranked 3th, mainly to an area within Guizhou Province, and US$1.5m to Harvard University for research.
l Total Donations down 45% yoy from last year. Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report said: “Last year Pony Ma's donation drove up the overall level.” Excluding Ma's donation, average donation this year is only 1% lower than last year. Cut-off to Top 100 US$2.1m, up 20% yoy.
l There are 31 philanthropists who have donated over CNY 100 million, 4 more than last year, the largest number of ‘supersize’ philanthropists in the history of this list.
l Education was the main cause. Donations to foundation and other social welfare accounted for 20%; poverty reduction up 6% to 3rd place with 17%; culture was the same as last year, with 6% in 4th place. Rupert Hoogewerf said, “Education and disaster relief make up half the donations on average. This past year we had no major disasters, so education dominated.”
l Within Education, the Alma Mater was the preferred cause, led by the University of Electronic Science and Technology of China, Beihang University and Wuhan University, the other donation of more than 100 million is Tsinghua University, Sichuan University, Nankai University, Northwestern Polytechnical University and Zhengzhou University are the most amount.
l 73 new philanthropists on the list, 4 more than last year and led by this year’s Number One Xu Guanju & family, and Chen Tianqiao & Luo Qianqian of Shanda, who donated US$115m.
l Guangdong and Fujian philanthropists led with 17 people still rank first. Jiangsu ranks the third, with 8 philanthropists, followed by Zhejiang with 7.
l Guangdong as the company’s headquarters region which set up by the most philanthropists, with 25. Beijing followed with 16. Hong Kong and Shanghai rank third, with 10. By cities, Beijing on the top, Shenzhen 2nd, Shanghai 3rd.
l Real estate, investment and IT are still top 3 industries that most philanthropists are doing, making up 60% of the list. Property is up 5 places from last year, with 40 persons. The financial and investment fell 6 persons to 27. IT industry is up 2 persons, with 15.
l 6 out of 10 (59 persons) on the list are also topped on the Hurun Rich List 2016, which is up 3 persons from last year. Rupert Hoogewerf said, “The wealth and charity of these people are relatively transparent.”
l The average donation of philanthropists is only 0.5% of their average wealth, only one-third of last year. Rupert Hoogewerf said, “Chinese most generous philanthropists donate about 1% of the total personal wealth, while ordinary high-net worth donors should be 1% of the investable assets."
l 53 came from listed companies, up from 9 persons.
l 16 are female philanthropists, 2 more than last year, less than ratio in the Hurun Rich List (24%).
l 30% have high political appointments (either NPC or CPPCC at the national level), p by half from last year, while still higher than 9.4% of the Hurun Rich List.
(8 June 2017, Shanghai) The Hurun Research Institute today released Hurun Philanthropy List 2017, a ranking of the 100 most generous individuals from Mainland China. Donations were measured by the value of their cash or cash equivalent from 1 April 2016 to 31 March 2017. 2017 is the 14th consecutive year of Hurun Philanthropy List and 4th year of Hurun Global Chinese Philanthropy List.
Domestic entrepreneurs are increasingly making overseas donations and 6 entrepreneurs have donated tens of millions overseas. Chen Yidan donated US$320m ranks 2nd, to set up the world's largest education award “Yidan Award” in Hong Kong. Huang Rulun donated US$29m to help the Philippines build a drug rehabilitation facility, in the name of Century Golden Resources. Xu Jiayin donated US$1.5m to Harvard University for health, science and green technology research.
Rupert Said, “Generally speaking, entrepreneurs in China are still busy making their money. The Number 100 on the Hurun Rich List has shot up seven times, but the Number 100 of the Hurun Philanthropy List has stayed the same, at US$2m.”
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.
Top 10 philanthropists
Name / Donation $m / Cause / Company / Age1 * / Xu Guanju & family / 430 / Social welfare / Chuanhua / 56
2 - / Chen Yidan / 320 / Education / Tencent / 46
3↑ / Xu Jiayin / 180 / Poverty alleviation, Social welfare, Education, Culture / Evergrande / 59
4↑ / Lu Zhiqiang / 165 / Poverty alleviation, Education / FanHai / 65
5 * / Chen Tianqiao & Luo Qianqian / 115 / Medical aid / Shanda / 44
6↓ / Wang Jianlin & family / 92 / Poverty alleviation, Social welfare / Wanda / 63
7↓ / Huang Rulun / 65 / Education, Poverty alleviation, Public infrastructure / Century Golden Resources / 66
8 * / Hu Baosen / 65 / Public infrastructure, Education / Henan Jianye / 67
9 * / Yang Guoqiang & Yang Huiyan / 64 / Poverty alleviation, Social welfare, Education / Country Garden / 62, 36
10 * / Xiong Xinxiang / 56 / Education / 49
Source: Hurun Research
↑ Rank increase yoy ↓ Rank decrease yoy - No Rank change yoy * New
l Half to top 10 philanthropists donated for education and poverty.
l 70% are from real estate and financial industry, 2 individuals are from IT.
l Cut-off of top 10 up 50% than last year.
Breakdown by place of birth
Birthplace / No. of people (change） / Most generous philanthropist / Donation ratio on the whole list1 / Fujian / 17（+9） / Huang Rulun* / 13.5%
1 / Guangdong / 17（+5） / Chen Yidan / 22.9%
3 / Jiangsu / 8（+3） / Liu Qiangdong & Zhang Zetian / 2.2%
4 / Zhejiang / 7（-5） / Xu Guanju & family / 24.9%
5 / Shanghai / 4（+2） / Yang Hongyu / 0.6%
6 / Hubei / 3（-2） / Lei Jun / 1.3%
6 / Shandong / 3（+1） / Lu Zhiqiang* / 8.4%
6 / Sichuan / 3（+1） / Wang Jianlin & family * / 4.4%
6 / Henan / 3（+1） / Xu Jiayin* / 10.6%
6 / Shanxi / 3（+3） / Shi Guilu / 0.5%
11 / Hunan / 2（-2） / Fu Jun* / 0.6%
12 / Hebei / 1（-2） / Liu Ruyin / 0.4%
12 / Beijing / 1（-1） / Cui Ruzhuo* / 0.2%
12 / Heilongjiang / 1（-1） / Dai Yongge & family / 0.1%
12 / Ningxia / 1（+1） / Dang Yanbao / 1.9%
12 / Anhui / 1（+1） / Jin Xiandong / 0.2%
12 / Hong Kong / 1（+1） / Peng Linji / 0.1%
12 / Chongqing / 1（+1） / Liu Qiang / 2.5%
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 list1 / Guangdong / 25（+4） / Chen Yidan / 30.3%
2 / Beijing / 16（-9） / Lu Zhiqiang / 18.6%
3 / Hong Kong / 10（+6） / Chen Jingwei / 3.2%
3 / Shanghai / 10（-2） / Chen Tianqiao & Luo Qianqian / 9.5%
5 / Fujian / 8（+3） / Han Guolong & family / 3.6%
5 / Zhejiang / 8（+0） / Xu Guanju & family / 19.9%
7 / Jiangsu / 7（+4） / Zhu Yongning / 1.5%
8 / Chongqing / 4（+4） / Xiong Xinxiang / 4.3%
9 / Sichuan / 3（+2） / You Zhisheng, Yang Hongyu / 0.7%
10 / Shandong / 2（+2） / Jiang Bin / 1.4%
10 / Henan / 2（+2） / Hu Baosen / 3.1%
10 / Shanxi / 2（+2） / Shi Guilu / 0.4%
10 / Guizhou / 2（+2） / Xiao Chunhong / 1.0%
14 / Ningxia / 1（+1） / Dang Yanbao / 1.9%
14 / Heilongjiang / 1（+1） / Dai Yongge & family / 0.1%
14 / Hubei / 1（-4） / Wu Shaoxun* / 0.5%
Source: Hurun Research
*also most generous philanthropist in the last year
Donation Cause
Cause / 2017 / 2016 / 2015 / 2014 / 2013 / 2012 / 2011 / 2010 / 2009 / 2004Education / 44% / 46% / 44% / 27% / 34% / 36% / 24% / 26% / 18% / 39%
Social welfare / 20% / 20% / 26% / 20% / 26% / 32% / 29% / 20% / 15% / 7%
Poverty alleviation / 17% / 11% / 9% / 11% / 15% / 20% / 9% / 10% / 10% / 15%
Disaster relief / 3% / 3% / 5% / 19% / 1% / 3% / 26% / 28% / 43% / 27%
Other / 16% / 19% / 17% / 23% / 24% / 9% / 12% / 16% / 14% / 12%
Source: Hurun Research
* Social welfare includes charitable foundation & etc.
Stats from the Hurun Philanthropy List
No. of indiv / Total DonationsUS$m / Average Donation US$m / Top 50 Cut-Off
US$m / Top Philanthropist / Average age
2017 / 100 / 2,349 / 22.8 / 5.7 / Xu Guanju & family / 55
2016 / 100 / 4,619 / 46 / 5.1 / Ma Huateng / 55
2015 / 100 / 3,310 / 33 / 4.6 / Jack Ma / 55
2014 / 100 / 3,238 / 32 / 5 / Jack Ma / 55
2013 / 100 / 898 / 8.9 / 4.8 / Huang Rulun / 53
2012 / 100 / 1,600 / 16 / 6.3 / Cao Dewang family / 51
2011 / 100 / 1,920 / 19 / 4.8 / Cao Dewang family / 52
2010 / 100 / 1,300 / 26 / 1.7 / Yu Pengnian / 53
2009 / 50 / 620 / 12 / 2.3 / Huang Rulun / 52
2005-2008 / …. / …. / …. / …. / ….
2004 / 50 / 160 / 3 / 0.5 / Huang Rulun / 48
Source: Hurun Research
Largest donations by Global Chinese alive today
There are now 58 Chinese who have donated more than CNY 500 million in their lifetime, up 7. Among them, the largest number came from mainland China, with 31, up 6 individuals from last year. In Hong Kong, there are 14 persons, two more than last year. America has five, just as it did last year; Taiwan has five, up one place from last year. Macau, Indonesia and Singapore each.
Philanthropists who have donated CNY 10bn or more
Name / Company / Age / Headquarters / BirthplaceJack Ma / Alibaba / 53 / Hangzhou / Hangzhou, Zhejiang
Li Ka-shing / Cheung Kong / 89 / Hong Kong / Shantou
Pony Ma / Tencent / 46 / Shenzhen / Shantou
Priscilla Chan & Mark Zuckerberg / Facebook / 32, 33 / Menlo Park / Boston, White Plains
Source: Hurun Research
In alphabetically order
Philanthropists who have donated between CNY 3bn and CNY 10bn
Name / Company / Age / Headquarter / BirthplaceCai Chongxin / Alibaba / 53 / Hangzhou / Taipei
Cao Dewang / Fuyao / 71 / Fuzhou / Fuzhou
Chen Yidan / Tencent / 46 / Shenzhen / Huizhou
Guo Taiming / Hon Hai / 67 / Taiwan / Jincheng
He Qiaonv / Oriental Gardens / 51 / Beijing / Xinhua
Huang Rulun / Century Golden Resources / 66 / Beijing / Henan
Li Zhaoji / Henderson Land / 89 / Hong Kong / Foshan
Lu Zhiqiang * / Oceanwide / 65 / Beijing / Weihai
Lv Zhihe / Galaxy Entertainment / 88 / Hong Kong / Jiangmen
Niu Gensheng / Mengniu Dairy / 59 / Hohhot / Inner Mongolia
Wang Jianlin / Wanda / 63 / Beijing / Mianyang
Xu Guanju ** / Transfar / 56 / Hangzhou / Huizhou
Xu Jiayin * / Evergrande / 59 / Guangzhou / Zhoukou
Source: Hurun Research
In alphabetically order
* New in this level ** New to the report
Philanthropists who have donated between CNY 1bn and CNY 3bn
Name / Company / Age / Headquarter / BirthplaceDickson Poon / Dison / 61 / Hong Kong / Chaozhou
Hui Wing Mau / Shimao / 67 / Shanghai / Shishi
Joseph Lau / Chinese Estates / 66 / Hong Kong / Hong Kong
Li Dasan / Sharp-Roxy / 96 / Hong Kong / Foshan
Michael Ying / Esprit / 68 / Hong Kong / Wenchang
Ronnie Chan / Hang Lung / 68 / Hong Kong / Hong Kong
Samuel Yin / Ruentex / 67 / Taipei / Taipei
Tin Ka Ping / Tian’s / 98 / Hong Kong / Meizhou
Tsang Hin-chi / Goldlion / 84 / Hong Kong / Meizhou
Yang Guoqiang & Yang Huiyan / Country Garden / 62, 36 / Foshan / Foshan
Zheng Jiachun & family / New World, Chow Tai Fook / 92 / Hong Kong / Foshan
Zhu Mengyi & family / Hopson/Zhu Jiang Investment / 58 / Guangzhou / Meizhou
Source: Hurun Research
In alphabetically order
Philanthropists who have donated between CNY 500m and CNY 1bn
Name / Company / Age / Headquarter / BirthplaceChen Fashu / Newhuadu / 57 / Fuzhou / Quanzhou
Chen Tianqiao** / Shanda / 44 / Shanghai / Shaoxing
Chen Zhuolin & Family / Agile / 55 / Guangzhou / Zhongshan
Cyrus Tang / Tang Industries / 87 / Chicago / Suzhou
Dang Yanbao ** / Baofeng / 44 / Yinchuan / Wuzhong
Fang Runhua / Hip Shing Hong / 93 / Hong Kong / Dongguan
Goh Cheng Liang / Nipsea / / / Singapore / Singapore
Gu Runjin / Perfect / 58 / Zhongshan / Kuala Lumpur
Robert Kuok / Guo shi / 94 / Johor Bahru / Johor Bahru
He Hengjian & family / Midea / 75 / Foshan / Foshan
Ho Hung San / Sociedade de Jogos de Macau / 96 / Macao / Hong Kong
Hou Changcai ** / Yuanchang / 61 / Xiamen / Quanzhou
Huang Wenzai ** / Star River / 64 / Guangzhou / Guangzhou
Huang Zhiyuan / Sinar Mas / 73 / Djakarta / /
Jason Chang & family ** / ASE / 74 / Taipei / Shanghai
Lau Ming-wai / Chinese Estates / 38 / Hong Kong / Hong Kong
Li Deyi / Hengfeng / / / Hong Kong / Hong Kong
Oscar L. Tang / Tang’s / 79 / New York / Shanghai
Ou Zongrong / Zhenro / 53 / Fuzhou / Putian
Ren Yuanlin ** / Yangzijiang Shipbuilding / 64 / Wuxi / Wuxi
Shi Wen-long / Chimei / 89 / Tainan / Tainan
Sun Yinhuan / Yida / 67 / Dalian / Liaoning
Tao Xinbo ** / Boli / 101 / Nanjing / Nanjing
Wu Shaoxun / Jingpai / 61 / Huangshi / Huangshi
Xie Ming / Mingrui Pharmaceutical / 61 / Los Angeles / /
Xu Shihui ** / Dali / 60 / Quanzhou / Quanzhou
Yang Xiu / Tiandi / 56 / Nanjing / Xuzhou
Yang Zhiyuan / Yahoo! / 49 / Sunnyvale / Taipei
Zhang Jindong / Suning / 54 / Nanjing / Nanjing
Source: Hurun Research