日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Alibaba founders set up charity fund with praise from Gates and Buffett

By Zhang Yao, Fang Ning and Zhang Ran in Hangzhou (Xinhua) Updated: 2014-04-26 04:26

The founders of Alibaba, the Chinese Internet giant, announced on Friday that they will set up a charitable fund.

Internet entrepreneurs Jack Ma and Joe Tsai said the personal charitable trust will be funded by 2 percent of Alibaba's equity, which they received as share options in the company last year.

Alibaba announced in March its plans to go public in the United States. The company's valuation has been estimated at between $100 billion and $200 billion. Based on the estimation, Ma's foundation is expected to boast funding between $2 billion to $4 billion.

Ma said in an interview that he has not decided on the name of the foundation but it will focus on environmental, medical, educational and cultural programs in China and overseas.

"My wife and I had this thought of setting up a personal charitable fund when we started the business. We'd like to earn money before we turn 50 years old and do charitable work in our time after 50," said the billionaire, who will turn 50 in September.

He left his position as Alibaba's CEO last year. In the same year, he served as a chair on the US Nature Conservancy's China board of directors.

Ma said the four areas the foundation will focus on are the issues people in China are most concerned about. For example, people rarely heard about cancer over a decade ago, but today, everybody knows someone suffering from cancer.

"It is impossible for me to be a doctor. But I can save lives in my own way," Ma said.

Ma's philanthropic vision has won the support of Western business leaders. Bill Gates, co-chair of the Bill and Melinda Gates Foundation, said that Ma's and Tsai's generosity, leadership and example will "do an immense amount of good, particularly in this remarkable time in the development of philanthropy in China".

Warren Buffett, trustee of the Bill and Melinda Gates Foundation, said Ma and Tsai have been "extraordinary leaders in business and have now become leaders in philanthropy".

Wealthy Chinese businessmen have been criticized by the public for their lack of philanthropic conscience. Ma said that, compared with capital, philanthropic work in China is "more lacking in institutional building and personnel training".

"Charity work in China has just set off. We are learning, and we will do more when we gain experience," he said.

Ma personally retains 7.3 percent of the equity of Alibaba, which has been keen to expand out of its core online retail business to shopping malls, home appliances, mapping services and financial services through a series of acquisitions since last year.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 成年免费视频黄网站在线观看 | 伊人网站 | 天天干天天天 | 日韩特黄一级片 | 四虎网址在线观看 | 成人av在线影院 | 国产极品美女在线 | 国产美女激情视频 | av片在线看 | 欧美日本久久 | 亚洲天堂av一区 | 超碰在线观看97 | 男人的天堂免费视频 | 伊人成综合 | 国产黄色免费在线观看 | 中文字幕在 | 天天爱综合 | 噜噜噜在线视频 | 国产国语对白 | 成人av在线看| 日本不卡在线播放 | 91国内揄拍国内精品对白 | 日本一区二区三区在线观看视频 | 夜夜操天天 | 亚洲国产精品区 | 美女特级毛片 | 欧美日韩一区二区在线播放 | 欧美精品一区二区在线观看 | 在线成人小视频 | 亚洲在线视频观看 | 五十路毛片 | 91国内精品视频 | 天天综合在线视频 | 欧美日韩一区在线 | 日本在线视频一区 | 五月婷婷在线观看视频 | 日日日干干干 | 激情中文网| 网站av在线| 在线观看你懂的视频 | 香蕉视频影院 |