Donation News Organizations

Anta Billionaire Clan Donates $1.2B

The Anta billionaire clan in China is donating nearly $1.2 billion in stock shares to a community development foundation. The Anta billionaire clan is made up of the Ding family, four men who jointly control Anta Sports, one of the largest sportswear businesses in the world. Chairman Ding Shizong, his brother deputy chairman Ding Shijia […]

News The Power of Giving

The Billionaires to Donations Ratio in China is Skewed

The number of billionaires in the People’s Republic of China has increased significantly in the last decade or so, but their charitable giving has not kept pace. In 2015, China saw a rise in the billionaire population of 38%, with a net worth of $830 billion, meaning that country has the second largest number of […]