Hong Kong Billionaire Talks Philanthropy And Creating An Award Like The Nobel Prize

Hong Kong Billionaire and the 88th richest person on earth, Lui Che Woo, recently sat for an interview with Forbes at his office in North Point to discuss his philanthropy and business success.

Lui donated $1.2 billion of his wealth to endow his foundation and the LUI Che Woo Prize for World Civilization. The honor is granted to three winners each year and includes a cash award of HK$20 million ($2.56 million).

According to Lui Che Woo, the LUI Che Woo Prize focuses on three areas: Appreciation and recognition towards sustainability of world resources, determination in betterment of people and the society, and demonstration of positivity.

Lui created the award prize to care for mankind and sustainability of resources, so that people can all enjoy the world in a harmonious way.

Lui adds that the prize has a selection process structured for three rounds of evaluation, and the council members include Her Royal Highness Princess Maha Chakri Sirindhorn of Thailand and former World Bank President Sir James D. Wolfensohn.

Lui also shares his secret to business success, the most important thing to him, and his recommended books to read. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Pressr: Sustainova Startup Challenge 2024: Catalyzing Innovation for Sustainable Development

The winner of this year's Sustainova Startup Challenge in Saudi Arabia has a message for the rest of the world: "If you want to save the planet, you have to start now." The startup contest,...more

Greening the Concrete Jungle: Pakistan'S Path to Climate Resilience

Pakistan's capital is home to more than 200 million people and is expected to see a massive increase in population by 2050 as the country's economy continues to grow at a rapid rate, the BBC...more

Aapi Entrepreneurs Embrace Cultural Heritage To Be Stronger, More Authentic Leaders

"I didn't want to acknowledge any life challenges I had along the waywhich left me feeling burnt out from not showing my whole self," says Trish Boes, founder and CEO of UnlimitMe. But now, she...more

Chikamhi'S Book Inspires, Empowers Smes

"When I came to Harare from Zaka, I had nobody and knew nobody, but I had to define my career path and carve my own niche, hence the confidence that all these important people here now have in...more

Science Research Program at Joplin High School Recieves $5000 American Water Grant

A Joplin, Mo., high school's science program is going to be able to keep going thanks to a $5,000 grant from the American Water Charitable Foundation. The money will be used to fund future...more

Nsf Emphasizes Quantum'S Importance in Congressional Showcase

The National Science Foundation held a "quantum technology showcase" on Capitol Hill this week to highlight research funded by the federal government into things like quantum computing and...more

Illinois American Water Recognizes American Water Charitable Foundation 2024 Water and ...

Illinois American Waterthe largest regulated water and wastewater utility in the USis making a splash in its home state with a $200,000 donation to help clean up the Ohio River. The utility has...more

Warehouse Operative

If you've got a strong work ethic and the ability to work nights and weekends, a warehouse job might be just what you're looking for. The Children's Place, a children's clothing and gear company...more

Lukas Walton'S Climate-Focused Investment Firm S2G Raises $600 Million In Outside Funding

Sam Walton's grandson has raised $600 million for his climate-focused investment firm, S2G, the Chicago Tribune reports. According to Forbes, 37-year-old Lukas Walton is worth an estimated $27.8...more

Why This Money Manager Believes Esg Investing Is out and Impact Investing Is in

Want to invest in companies that are good for the planet but also good for the bottom line? Look no further than Nordis Capital, a Montreal-based investment firm that aims to invest in companies...more





Chief executive of HCT, Dai Powell, shares the experiences and practical lessons he learned along the way when teaming up with Ealing Community Transport to deliver site transport during the Olympic Park construction.