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China s 49 richest tycoons give away $14 billion to heed common prosperity call

The founders of three of China’s technology giants each pledged over US$2 billion to charitable causes over the past year, in a collective response to the nation’s call for common prosperity that drove donations to a record, according to the Hurun China Philanthropy List 2022. The list recorded 49 benefactors who each gave away more than 100 million yuan (S$19.

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