Thursday, February 28, 2008

4 Malaysians In Forbes Asia Inaugural Heroes Of Philanthropy List. But Not Even One Is Chinese !

Excluded incumbent Barisan Nasional Kota Baharu Member of Parliament Datuk Mohd Zaid Ibrahim is one of four well-known rich Malaysians picked as heroes of Forbes Asia's inaugural philanthropy list.

The other three generous Malaysians are businessman Tan Sri Syed Mokhtar Albukhary, 56, retired Sarawakian politician and businessman Leonard Linggi Tun Jugah, 67, and Hishamudin Ubaidulla, 52.

Forbes Asia has released its first Heroes of Philanthropy list in its March 10 issue business magazine in honour of some of Asias most generous and interesting philanthropists.

"With Asia booming, newly created wealth is increasingly being earmarked for altruistic causes", Forbes Asia says in a statement today.

It said for the first time this year Forbes Asia had put together a list of 48 philanthropists - four each from 12 countries.

It says Zaid, who owns the country's largest law firm, Zaid Ibrahim & Co, started the Kelantan Foundation for the disabled in 1998, which serves 2,400 people suffering from Down Syndrome, cerebral palsy and other disabilities.

Syed Mokhtar, who controls Malaysia Mining Corp, and holds big stakes in Johor Port and other businesses started the Albukhary Foundation, a Muslim charity that assists the needy, regardless of colour in 1996.

He is the sole funder to the foundation.

Forbes Asia says the businessman gave the foundation $30 million in 2006 and $25 million last year, which funds remedial classes in English, Science and Mathematics for 20,000 under-achieving students from poor rural families each year.

The foundation hopes the extra schoolwork "will help bridge the educational divide between the rich and poor." It also runs a college scholarship programme for 300 students from more than 40 countries. (Bernama)

***** Whatever happened to our Chinese billionaires? Much money but no heart perhaps?
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5 Comments:

Anonymous Aheng said...

Are you kidding me?

*ALL* Malaysian Chinese are philanthropists. We pay directly 9% to 29% of our income for scholarships to Bumiputera kids, mosques, illegal mansions that orphans get to spend a night in, inspection of leaking roofs, gay angkasawan to "inspire youths", for Ministers to buy S-class and 7-series cars with 1 digit plates (how come ALL ministers are rich? the money comes from the Chinese), for building of sports centers in UK, for paying millions to train the national football team, etc etc etc etc etc etc.

Hell, the entrepreneurial and successful Chinese even GIVE away 30% of their blood, sweat and tears!

Did any of the billionaires donate 30%, 29% or even 20% like me??? Or just 1%??

12:12 AM GMT+8  
Anonymous SM said...

Correct, correct, correct...
Don't forget that some of the money earned has to be used to send their own kids overseas for a better life or used for Business Migration.

8:03 AM GMT+8  
Anonymous Ah Beng said...

If political donation and bribes are included, the Towkays of Malaysia will be 99% of the top 100,000 philanthropist.

9:50 AM GMT+8  
Anonymous Anonymous said...

Please don't be racist in your comment. How about Malaysia's second richest man Krishnan Ananda??
I would just say the rest of the billionaires are "stingy" rich Malaysians.

12:02 PM GMT+8  
Blogger Alex said...

Erm, majority of Chinese business people donate heavily to temples, scholarship funds as well as school funds. Enough said. Just because you don't see their names in the news, doesn't mean that they do not donate. In fact, Chinese will always donate for educational causes. That is why Chinese schools can still (barely) survive without full government aid.

2:22 PM GMT+8  

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