A culture of charity
Tycoon Lee Ka-shing: Philanthropy must be a way of life for Asians
Wednesday September 6, 2006
Jasmine Yin email@example.com
AMERICA has Warren Buffett and Bill Gates to champion giving — and Asia has Mr Li Ka-shing.
Yesterday, the Hong Kong tycoon, Asia's richest man, made his call to Asians to adopt a culture of philanthropy, saying charity is a way of investing for the future.
Speaking after receiving a lifetime award in recognition of his entrepreneurial achievements at the 6th Forbes Global CEO Conference at Shangri-La Hotel yesterday, Mr Li said: "In Asia, our traditional values encourage and even demand that wealth and means pass through lineage as an imperative duty. I urge and hope to persuade you, especially all of us in Asia, that if we are in a position to do so, that we transcend this traditional belief…................……(more)