Maybe you heard about the eccentric Chinese industrialist who pulled a charity stunt in NYC?
https://www.youtube.com/watch?v=yDH4C0B956Y
http://www.cnn.com/2014/06/25/world/asia/chen-guangbiao-profile/
While
it was a generous action, instead of one posh NYC lunch for 200 needy
folks (assuming $30/pers), a scalable, efficient charity like Second Harvest
could have delivered 12K meals (60X impact). A businessman should know
better, but I guess there are no headlines in that. Chen says his
"wealth is limited" and he wants to inspire other rich people to give.
For the record, his net worth is above $700M, so if that is limited, I
think the rest of us are in deep trouble. Also, I don't think he needs
to waste a plane ride over to NYC to preach to the choir - Americans are
WAY more charitable on average than Chinese (US #5 in the World Giving
Index vs. China #141 on par with Rwanda). Well China considers HK (#19)
and Taiwan (#52) its territory too, so in that case their aggregate
giving score would be a bit higher. https://www.youtube.com/watch?
http://www.cnn.com/2014/06/25/
http://en.wikipedia.org/wiki/
http://en.wikipedia.org/wiki/
http://www.scribd.com/doc/
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