Chapter 1848 Who Is the Great Philanthropist

What did Feng Yu list, the amount of his donations over the years, and the number of people he helped.

Together, the Taihua Charity Fund and the Taihua Education Fund have accumulated more than 10 billion U.S. dollars in donations over the years, and the teaching buildings in China alone are worth more than 5 billion U.S. dollars.

Not to mention that there are some teaching donations to poor countries such as Africa, and donations of food, medicine, clothing, etc. are not small.

Of course, most of these donations are aimed at Mainland China. But there are not a few in Africa. As for why Huaxia has the most people here, Feng Yu is from Huaxia, is there anything wrong with that?

Who has money and wants to donate, isn't the hometown and the motherland the first consideration?

Feng Yu's donation amount is definitely the first at this time. The so-called donations of those rich people are all in the accounts of some foundations, and they don't spend that much.

In terms of expenditure, there is no one who can compare with Feng Yu, not even one!

It seems that many wealthy people have donated a lot of stocks. Let’s not say that those are floating profits. The real value may not be that high. It is just that many of those stocks are paid out according to dividends, and the trading of stocks is also restricted.

For example, Bill Gates' foundation has many Microsoft stocks, which of course were donated by Bill Gates. But these stocks cannot be sold casually, that is to say, it is difficult to realize them.

This is the form of donations from many rich people, including Buffett. To put it bluntly, they still hold the voting rights of these stocks and the real power of the company, just in a different form.

The assets of many charitable foundations are very large, but how much money is actually donated each year? Five percent of the total capital scale may not be available. The managers of those foundations all have high salaries.

Although Feng Yu's foundation looks much smaller than those top ones, it actually donates the most amount.

In addition, Feng Yu listed many cases of rich people stealing~tax evasion~taxes, among them there are many rich people who have attacked Feng Yu. Many sons of rich people serve as executives in charitable foundations established by rich people, and in addition to the high annual salary, they can also get some stock rewards every year, so that slowly, some wealth can be transferred to their sons In this way, the heavy inheritance tax of about half of the value of the property is avoided.

From this point of view, those ancient families in Europe are very wise on this point. Although their inheritance tax is not low, most of them hide their real property.

For example, exchange wealth into some UBS deposits. Anyway, UBS is famous for being the first customer. At that time, as long as the descendants have tokens and passwords, they can withdraw money or unregistered stocks.

Speaking of luxury enjoyment, the United States is far behind Europe, because of the lack of heritage.

Feng Yu's action has caused the image of many rich people to plummet. But not only that, Feng Yu also asked people to count the number of personal donations of many rich people, which is incomparable with Feng Yu's sincerity.

Especially when the data of how many people they helped with their donations came out, Feng Yu was able to do more than all the others combined.

How many people have been helped by those teaching buildings alone? To say the least, it will cost tens of millions. And those aids that helped Africa also helped tens of millions of people.

Feng Yu used these to tell everyone that charity is not about some people chanting slogans, nor is it a foundation managed by those people themselves, but about actually helping people.

I have helped hundreds of millions of people, and the number is still increasing, how about you?

It is this data that makes many people shut up. What's more, Feng Yu also listed some charitable foundations established by the rich themselves, which are simply blind investments. Fund asset investment is to earn more money and help more people, but what if you lose all your money?

Those people were also worried that if they continued to fight hard with Feng Yu, maybe Feng Yu would make some terrible news.

It's not good if you set yourself on fire.

What's more, Feng Yu is not fighting alone. There are also many Feng Yu's partners in the United States and Europe. They are all consortiums hiding behind the scenes. They are also helping Feng Yu and praising Feng Yu's good deeds.

Feng Yu finally directly stated that he is unwilling to donate to developed countries. Since they are already developed countries, the government should have the ability to make there no poor people in the country, otherwise what is the talk of development?

He will continue to help those in need in his mind until his death.

Those charitable organizations, don’t ask him for donations anymore, he will help others by himself. To put it bluntly, he doesn’t believe in many charitable organizations.

It's not just a question of ability, but also a question of credibility. Many managers of philanthropic foundations live luxurious lives themselves. Can such people really focus on philanthropy?

Using charitable funds to help oneself make money, can such a character be believed?

These news have severely exposed the facts that many people have covered up. You are not clean yourself, dare to accuse others?

In this way, this matter was easily settled by Feng Yu, not only changed his image, but also solved many troubles once and for all.

Even because of these, Feng Yu's reputation was once again pushed to a high point. There are also many rich people who expressed the hope that they can donate to Feng Yu's charitable foundation. Some are sincere, the trust of the other party Feng Yu, while others hope to reverse their negative image and, by the way, gain Feng Yu's popularity.

These were also rejected by Feng Yu. Whether those people really wanted to donate or wanted to take advantage of this opportunity to earn their reputation, Feng Yu would not ask for their donations.

Feng Yu's reason is that you should keep your little money for yourself. The donations of these foundations are enough for me.

This kind of domineering remarks, but it is still impossible to refute.

Many people have money, but it is only the book value of the stocks of listed companies. There is actually very little cash that can be used.

But Feng Yu is different. Although many of his assets are stocks, the cash he holds is also not a small amount, and many of his companies pay very high dividends every year, and Feng Yu can't spend all of this money.

If they want to raise cash, none of those rich people is as fast as Feng Yu, and it is not as easy as Feng Yu.

Feng Yu also once thought about how to spend so much money after earning it. He also discovered the inner thoughts of some rich people who are sincere in charity, that is, when you have money and you can’t spend it all by yourself, you can use it to help others, and it’s really cool to hear a thank you.

The feeling of satisfaction after helping others is addictive.

At this time, a big piece of news broke out from Microsoft, which finally suppressed the donation news that had dominated the headlines for many days.

... (To be continued..)

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