Jack Ma Tries to Spark New Era of Charity for Chinese Billionaires - China Real Time Report - WSJ

Jack Ma Tries to Spark New Era of Charity for Chinese Billionaires - China Real Time Report - WSJ: ack Ma, co-founder of Chinese e-commerce giant Alibaba, is pouring much of his personal wealth into the creation of one of Asia’s largest philanthropic trusts, highlighting what many see as the dawn of a new era of giving among China’s freshly minted billionaires. The charitable trust will be funded by about $3 billion in share options.