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