Asia's wealthy families adopt business-minded philanthropy through family companies, like Hong Kong's Hang Lung Group.

Asia's wealthy families are adopting a business-minded approach to philanthropy, choosing to channel their charitable giving through family companies rather than mega-foundations, as seen with Hong Kong's Hang Lung Group's former chairman, Ronnie Chan. This approach aims to balance philanthropy and wealth creation, following other wealthy families like the Rockefellers and Carnegies in the US.

July 29, 2024
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