Chinese Real Estate Billionaire, Hui Kan Yan Tops Forbes China Philanthropy List

Hui Kan Yan is a Chinese businessman and the chairman of Evergrande Group which is one of China’s biggest real estate developers. The Evergrande Group has over 800 projects in more than 280 cities which include Guangzhou, Beijing, Shanghai, and more.

As of July 2020, Hui Kan Yan was reported to have a net worth of $34 billion, which makes him the third richest person in China and the thirty-first wealthiest in the world.

Hui Kan Yan tops the 2020 Forbes China Philanthropy List, with his cash giving at about $430 million.

Cash giving for 2019 was used as a measure for the ranking, it also includes donations made by individuals as well as their major business. Funds were donated for poverty relief by Hui Kan Yan.

The Forbes China Philanthropy list for 2019 was led Hui, with other billionaires like Jack Ma, founder of Alibaba Group and Tencent CEO, Pony Ma.

The billionaires who made it to the Top 10 of the 2019 Forbes China Philanthropy ranking are;

1.       Hui Ka Yan, Chairman Evergrande Group, 3 billion yuan 

2.       Yeung Kwok Keung and Family, Country Garden, 1.52 billion yuan 

3.        Sun Hongbin, Chairman, Sunac China Holdings, 1.39 billion yuan

4.       Chu Mang Yee, Founder, Guangdong Pearl River Investment, 1.2 billion yuan

5.       Jack Ma, main founder, Alibaba Group, 1.12 billion yuan

6.       Ma Huateng, CEO Tencent, 850 million yuan

7.       Yu Liang, Chairman, Vanke, 439 million yuan

8.       Huang Rulun Chairman, and Huang Tao, President, Century Golden Resources Group, 403 million 

9.       Dang Yanbao, Chairman, Ningxia Baofeng Energy Group, 401.76 

10.     Xu Yingqiu, Chairman, Kaiyuan Real Estate, 400 million