Top 20 Chinese philanthropists of 2010
- By Yang Xi
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E-mail China.org.cn, May 17, 2011
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Cao Dewang
Donation: 1.028 billion yuan (US$158.1 million)
Cao has been a big giver in charity for many years. In 2009, Cao donated 930 million yuan in 2009. He also donated 300 million yuan, nearly 60% of his interest in Fuyao, to establish a charity foundation, according to Fuyao's corporate social responsibility report.Cao Dewang is chairman and chief executive of Fujian-based Fuyao Glass Industry Group, a leading automotive glass manufacturer in China, with more than half of the domestic market. Its customers include Audi, Ford, Fiat and Nissan.
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