Richard Liu Qiangdong, founder of JD.com, gifted 10,000 yuan (RM6,145) in cash to each villager aged over 60 in his hometown of Guangming Village in China's Jiangsu province. This annual tradition is a way for Liu to express his gratitude towards the community that supported him during his humble beginnings.
news China Billionaire Gifts Elderly Hometown Villagers RM6,100 Each For Funding His Education Richard Liu Qiangdong’s relationship with Guangming Village is profoundly personal. Cover image via South China Morning Post/Baidu Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news.
In addition, households received gifts including food, clothing, and home appliances, reflecting his deep gratitude towards the community that supported him during his humble beginnings. As a young man from a struggling family, he received donations totalling just 500 yuan and 76 eggs from his neighbours to help fund his university education in Beijing in the 1990s.
This year, Liu gifted 1,400 households, with many elderly villagers receiving substantial financial supportA villager summed up the sentiment:"He has no obligation to do that. His money is also earned through hard work."
BILLIONAIRE CHARITY CHINA HOMETOWN EDUCATION
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