Chinese Tycoon Plans Million Dollar Lunch for Poor People in New York

Chinese Tycoon Plans Million Dollar Lunch for Poor People in New York
by Good News Network - June 23, 2014


One of China’s top millionaire philanthropists is throwing a luncheon for a thousand poor people in New York City during which each one will receive $300 cash inside a red envelope.

Those are the plans of Chen Guangbiao, a fervent environmentalist who made his millions recycling building construction materials. He said he hopes the event, set for Central Park’s Loeb Boathouse on June 25, will restore the image Americans have of wealthy Chinese, who, he says, too often are only hedonists making money through bribery. He also hopes the event will inspire Wall Street tycoons to do more to help the poor.

The lunch will feature a singalong version of “We Are The World,” and will cost him a million dollars.

The founder of the Huangpu Renewable Resources Utilization Group, known for his public antics, took out a full-page advertisement in the New York Times inviting “poor and destitute Americans” to lunch. Those who wished to join the luncheon needed to RSVP to a Hotmail email address. Many thousands have already applied.

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