Hong Kong Billionaire Brothers Give $350 Million To Harvard University

“Hong Kong real estate moguls Ronnie and Gerald Chan have pledged a $350 million gift to Harvard University through their charitable foundation, according to a report in the Harvard Crimson.  The gift is the largest in the institution’s history. The university will rename Harvard’s public health school in honor of the brothers’ father. FORBES currently estimates the duo, who run one of China’s commercial real estate giants, Hang Lung Group , to be worth a combined $3.2 billion.  That places them among some of Hong Kong’s wealthiest billionaires. The bulk of their fortune stems main from  shares in publicly-traded Hang Lung, which was founded by their father in the 1960s.”

http://www.forbes.com/sites/chloesorvino/2014/09/08/hong-kong-billionaire-brothers-to-give-350-million-to-harvard-university/

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