HK billionaire to pay $14m in tuition fees for Chinese students (BBC)

by Editor3
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Hong Kong’s richest man Li Ka-Shing has pledged to pay the tuition fees for a class of Chinese university students through his charitable foundation.

The Li Ka-Shing Foundation will fund Shantou University’s 2019 incoming class for up to five years.

Mr Li, aged 90, is worth $30.4bn (£24.2bn) according to Forbes.

Last month billionaire Robert F Smith made a similar move, saying he would pay the loans of a US college class. Read more

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