Glass tycoon become China's biggest giver - Rupert Hoogewerf
Rupert Hoogewerf by Getty Images via Daylife
If the foundation is approved by state authorities, it would be the first to be based entirely on stocks, the Fujian Charity Federation said.Commercial Rupert Hoogewerf is also a speaker at the China Speakers Bureau. When you want him at your meeting or conference, do let us know.
The fund would be used to provide school grants, disaster relief, subsidies for the poor and financial support to religious groups around the country, said the report, which did not say how the shares would be turned into cash....
Cao dropped out of school when he was 14 and went on to earn 700,000 yuan in 1986, three years after he began operating a glass workshop in Fujian's Fuqing City. The shop was later developed into the Fuyao Group, which went public in Shanghai in 1993.

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