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.

Rebuilding Trust in Media

Ashoka Fellows are working to rebuild trust in the media by ensuring journalists have the resources and tools that enable rigorous, fact-based, and reliable journalism. In the midst of "fake...more

Lessons from 5 Cities Operationalizing Racial Equity

Living Cities shares a learning report that highlights lessons learned from the work of five cities operationalizing racial equity, including Albuquerque, Austin, Grand Rapids, Louisville, and...more

TechSoup Gets $2.5 Million From VMware to help Nonprofits Scale Their Impact

TechSoup has recently received a $2.5 million grant from VMware Foundation to support initiatives to significantly expand its offerings and nearly double the number of nonprofit organizations it...more

Technology Is Helping Employee Volunteering Be More Impactful

Chris Venter, of Biz Community, writes that corporates are now using technology to improve their employee volunteering programmes to the benefit of employees, non-governmental organisations (NGOs)...more

Support for New Approaches to Newsroom Diversity
Foundation: Knight Foundation

Recently, the Knight Foundation made a $1.2 million investment in a new diversity, equity and inclusion transformation program at the Maynard Institute. LaSharah S. Bunting, director of...more

Voter Engagement Toolkits for Foundations

In this excerpt from the Voter Engagement Toolkit for Community Foundations, it tackles ideas and examples for community and public foundations to encourage voter engagement among their grantees and...more

Social innovation in Central and Eastern Europe: Playing Catch Up

Social innovation is now recognized as having the ability to enhance society's capacity to address social and economic challenges and transform them into opportunities. However, social innovation...more

Global Social Investment Trends

The report, Global Social Investment Business Market Size, Trends, Applications, Status, Analysis And Forecast Reports 2019 To 2025, reviews the Social Investment Business Market size by players,...more

Spotlight on Disenfranchisement in Mississippi

In an article that is part of a series on disenfranchisement, it talks about how Mississippi will become the state that disenfranchises the highest share of its residents. According to a...more

Strengthening Democracy in the Digital Age
Foundation: Knight Foundation

Sam Gill, vice president of communities and impact at Knight, shares details about the Knight Foundation's recent $50 million investment to develop a new field of research around technology's impact...more





Civic Engagement News from...


Knight Foundation
Gates Foundation
Case Foundation



Social Entrepreneurship
Spotlight



Abundant Water: Clean Water for Everyone


Abundant Water: Clean Water for Everyone

Abundant Water, founded by social entrepreneur Sunny Forsyth, trains villagers to come up with their own water filters, use them and sell them in their village for sustainable income.




Social Services Jobs

  Program Director Jobs
  Social Services Jobs
  Social Services Jobs
  Executive Director Jobs
  Fundraising & Development Jobs



Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2019 Copyright Michael Saunders