Monday, November 02, 2009

Poor big rich man

Imagine giving away one-thousand-two-hundred million dollars. And getting trashed for it. That’s what’s happening to one of China’s richest men, a former grocery store owner named Chen Fashu who got lucky in the stock market and made 3.7 billion dollars.
As soon as he announced his donation (to his own foundation), newspapers started questioning his motives, suggesting that he did it to evade taxes, and asking if the money was really going to charity.
Poor guy.
Then again, maybe Mr Chen is just another stone-cold capitalist who will end up making even more money this way? He says he wants to copy the Bill and Melinda Gates Foundation, and we’ve all seen how that charity pumps even more money into Bill’s vault. (In part by investing in the very drug companies that fight to keep life-saving medicines from the cash-strapped Africans Bill is trying to save. I know, it makes your head spin.)
I hope Chen is legit, but I don’t know the guy from Adam. As for now, though, I prefer to give him the benefit of the doubt. Like Jennifer Connelly’s sappy character from A Beautiful Mind, I need to believe that something extraordinary is possible.

0 Comments:

Post a Comment

<< Home