BUSINESS Hurun releases philanthropy list for 2021

BUSINESS

Hurun releases philanthropy list for 2021

chinadaily.com.cn

15:29, May 11, 2021

(Photo: IC)

Thirty-nine people who donated at least 100 million yuan ($15.56 million) were placed on the Hurun China Philanthropy List 2021, which was released in Shanghai on Tuesday.

This is the 18th year of the list.

Hurun Research made their rankings based on donations in cash and shares, together with legally binding commitments, made in the period from April 1 to 30, 2021. Donations made by a corporation were assigned to individual shareholders according to the percentage of their shareholding.

The average wealth of the 39 people has surpassed 10 billion yuan, and their total wealth was over 6.5 trillion yuan.

Education is still the largest field receiving the most donations in terms of volume, and the proportion increased from 31 percent last year to 39 percent. The number of donations in healthcare continues to rise due to the COVID-19 pandemic, and its proportion has increased from 17 percent last year to 27 percent, ranked second. Poverty alleviation increased from 11 percent last year to 24 percent, ranked third.

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