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.

6 Things to Know When Building an Authentic Green Brand

When it comes to sustainability, Entrepreneur says, "it takes more than just lip service." That's because it takes a "thorough commitment to evaluate every aspect of your operation to develop...more

Who Serves Humanity &Amp; Strives to Make the World a Better Place?
Foundation: Indianapolis Foundation

Lynne Arriale's new album, Being Human, is all about "people who exemplify Passion, courage, love, curiosity, and other human qualities," the Florida pianist tells Rita Kohn of the Indianapolis...more

Potato Power: Ongoing Philanthropic Collaboration Elevates Research in Sustainable Agriculture

Ahmad Al-Mallahi is a professor of agricultural engineering and sensing technologies at Dalhousie University in Halifax, Canada, and he's spent the past five years developing technology that could...more

Microschools Offer Montana Families Creative, Learner-Centered Education Options

When Christa Hayes' kids shut down their public schools in 2020, the Montana math professor started hearing from parents seeking help for their children's schoolwork and wanting to find a way for...more

Empowering Music Education: Insights from South Australia

Kids who learn to play musical instruments are more likely to be successful later in life, according to a new survey out of Australia. The survey of 115 primary school teachers in South Australia...more

Four Illinois Students Receive Environmental Excellence Awards from Illinois Epa at the ...

Illinois high school students Noah Campbell, Aarnav Jain,Ruqayah Wafa, and Sadie Warne took home top honors at the Illinois Junior Academy of Science's State Science Exposition last weekend, winning...more

Sti Forum Explores Ai'S Potential to Support Sdgs, Climate Action

Scientists from around the world are meeting in New York this week to discuss how to harness the power of artificial intelligence to solve some of the world's biggest problems, the New York Times...more

Mental Health, Bushfire Safety Lead Environment Department'S Research

The Australian state of Queensland is known for its sunshine, wine, and... psychiatrists? The state is also home to the country's highest suicide rate and the country's longest waiting time to...more

Santa Barbara Public Library Receives Library Innovation Lab Grant Award

"We strongly believe in a Library that serves every member of our community, and we thank California Humanities for recognizing our talented and diverse Library staff." Those are the words of...more

G20 Bioeconomy Initiative'S Second Meeting Focuses on Dialogue between Traditional ...

In the Amazon, willow bark is used for bark bark, poppy seeds for seeds, and so on. It's all part of what Brazil's national secretary of bioeconomy calls the country's "knowledge of...more





JustFund, a grantmaking platform built by funders and organizers of color, aims to revolutionize philanthropy by making it more equitable and efficient.