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Forbes Asia's 2021 heroes of philanthropy

Forbes Asia has unveiled its annual heroes of philanthropy list. The lists includes prominent entrepreneurs and business tycoons with personal commitment to a number of causes. Two Indians - Anil Agarwal and Azim Premji, also made it to the list.

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By CNBCTV18.com Dec 22, 2021 2:10:22 PM IST (Updated)

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Forbes Asia has unveiled its annual heroes of philanthropy list. The lists includes prominent entrepreneurs and business tycoons with personal commitment to a number of causes.

The list is unranked and focuses on individual philanthropists in the Asia-Pacific region.
It does not consider corporate philanthropy unless companies are privately held by a majority owner.
Two Indians - Anil Agarwal and Azim Premji, also made it to the list.
Here are the top philanthropists of Asia.
  • Mike Cannon-Brookes, Co-Founder and Co-CEO of Atlassian (Australia)
  • Brookes has pledged to donate $357 million by 2030 to nonprofits fighting climate change.
    • Cho Tak Wong, Founder & Chairman of Fuyao Glass Industry Group (China)
    • Cho's Heren Charitable Foundation has pledged $1.6 billion to build a science and technology university in Fujian.
      Foundation also donated $15.6 m to flood-relief efforts in Henan province.
      • Joseph Tsai, Co-Founder of Alibaba & Clara Wu Tsai, Founder of the Joe & Clara Tsai Foundation (Hong Kong)
      • The husband-and-wife team pledged $220 million in July towards a biology study of peak human performance.
        • Ronnie Chan, Chairman of Hang Lung Group and Gerald Chan, Co-Founder of Morningside Group (Hong Kong)
        • Morningside Foundation donated $175 million to the university of Massachusetts Medical School.
          • Anil Agarwal, Founder & Chairman of Vedanta (India)
          • In July, Agarwal announced a five-year plan of $660 million initiative under the Anil Agarwal Foundation to support programs ranging from healthcare to animal welfare.
            • Azim Premji, Founder & Chairman of Wipro (India)
            • In 2021, Premji donated about $1.3 billion of his family's wealth to social causes through Azim Premji Foundation.
              • Takemitsu Takizaki, Founder & Honorary Chairman of Keyence (Japan)
              • Keyence gave 3.65 million shares, worth around $2.3 billion to Keyence Foundation in 2020 to fund scholarships for new university students.
                • Jeffrey Cheah, Chairman of Sunway Group (Malaysia)
                • Cheah announced in September 2020 to launch endowment fund of $240 million to move Sunway Education Group Schools away from a tuition-dependent model to becoming self-sustaining.
                  • Rina Lopez Bautista, Founder & President of Knowledge Channel Foundation (Philippines)
                  • KCFI last March launched the stay at home, learn at home campaign for students during COVID-19 lockdowns.
                    The foundation has produced 1,500 educational videos.
                    • Teresita Sy-Coson, Vice Chairman of SM Investments (Philippines)
                    • SM Group has donated $30 million in COVID vaccines, hospital equipment & protective gear.
                      Also inoculated over 1.2 lakh of its employees and donated 1.5 lakh doses to government and marginalized.
                      • Wee Weiling, Executive Director of Pan Pacific Hotels Group (Singapore)
                      • Weiling co-founded extra ordinary people in 2017 & since then has raised $1.2 million from philanthropists and corporate sponsors.
                        • Michael Kim, Founder of MBK Partners (South Korea)
                        • Kim pledged to donate $25.5 million to the government for a new public library.
                          • Kim Jung-Ju, Founder of Nexon (South Korea)
                          • Jung-Ju has donated $5.3 million to 2 children's hospitals.
                            • Lin Chen-Hai, Founder & Chairman of Pau Jar Group (Taiwan)
                            • The property tycoon gave $100 million in May 2020 to establish Taipei School of Economics and Political Science at national Tsing Hua University.
                              • Pham Nhat Vuong, Founder & Chairman of Vingroup (Vietnam)
                              • Since 2020, Vietnam's richest man has given over $320 million to the COVID relief funds.
                                It helped purchase 4 million COVID-19 vaccine doses and 33 million test kits.
                                Watch the accompanying video for more.

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