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HK's richest man to pay tuition fees of a class of Chinese students worth $14m

Shortpedia

Content Team
Image Credit: Shortpedia

As an act of humanity, Hong Kong's richest man, Li Ka-Shing has pledged to fund the tuition fees of Chinese university students with the help of his charitable foundation. The Li Ka-Shing Foundation will finance Shantou University's 2019 incoming class for the next 5 yrs. The net worth of Li, according to Forbes is $30.4 billion. Last month Robert F Smith did something similar & said he'll pay loans of a US college class.