Sept 29 2010- Gates and Buffett to host banquet to discuss philanthropy with Chinese super rich.

Bill Gates and Warren Buffett will today discuss Philanthropy and seek to learn more about Chinese Charity at a banquet in China.  According to the Global Times, the guest list included Pan Shiyi and Zhang Xin, the chairman and CEO of property developer SOHO China, and Niu Gensheng, founder of Mengniu Dairy. The two have reported that they will not pressure attendees to give out their fortunes.


Reports say there is reluctance to attend from some of the Chinese super rich as philanthropy was not popular in China.  China has 64 dollar billionaires, second  to United States which has over 400.  A few of the super rich like Chen Guangbiao,  have already  started leading by example. This month he pledged  to give his fortune which is estimated at more than $700 million to charity after he dies. 


Peter Buffett, son of Warren Buffett, told Xinhua that his father hoped the "Chinese people will come to their own conclusions about the role of philanthropy in their culture".


Jet Li,  a famous Chinese film star and a philanthropist, will meet Gates and Buffett before the banquet to chat about charity. Beijing News reported that a charity dinner for the "ordinary people"   had been organized in Beijing to run concurrently with the banquet to motivate the less wealthy to think about charity and donations too. 




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This entry was posted on 12:34 PM and is filed under charity , Chen Guangbiao , Chinese Billionaires , donations , Jet Li , Niu Gensheng , Pan Shiyi , Peter Buffett , philanthropy , Ronald Perelman Bill Gates , Warren Buffet , Zhang Xin . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

 

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10 years experience enhancing donor-funded partner organizations’ capacities in strategic planning, financial, administrative, organizational and programming management. Skilled in donor partner organizational assessments and partner capacity building. A 10 years experience in managing development donor-funded projects in the thematic areas of poverty-reduction, governance and democracy, conflict transformation and integration of Gender, Justice and Peace issues into mainstream programs (HIV/AIDS, Agriculture, Water and Sanitation, Emergency)

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