Tuesday, September 07, 2010

Buffett And Gates Could Learn From This Man In China - Gady Epstein - Beijing Dispatch - Forbes

Buffett And Gates Could Learn From This Man In China - Gady Epstein - Beijing Dispatch - Forbes: "The Shenzhen hotel magnate has never made it onto our annual list of billionaires perhaps because he has given away too much money and property to have a chance to qualify: more than $1.2 billion by some counts. Yu’s philanthropic finale was a public announcement this April that he was giving away his last $470 million in assets: “This will be my last donation. I have nothing more to give away,” he said at the time. “It will all be for charity, no part of it will be inherited by anyone, no part will be used to do business or for investments.”"

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