Page 32 - Forbes - Asia (December 2019 - January 2020)
P. 32
KIRAN MAZUMDAR-SHAW, 66 Kiran Mazumdar-Shaw in front of
Mazumdar Shaw Medical Center.
Chairman and Managing
Director, Biocon
JOHN SHAW, 70
Vice Chairman, Biocon
INDIA
Biotech entrepreneur Mazum-
dar-Shaw and her husband in
July donated $7.5 million to
the University of Glasgow, the
largest single donation the
university has received. Shaw,
his brother and late mother are
alumni. Two-thirds of the grant
is earmarked for a research hub
to be called Shaw Plaza. The
remainder will endow a profes-
sorial chair in precision oncol-
ogy. The couple also pledged $2
million recently to the Memorial
RONALD CHAO, 80 Sloan Kettering Cancer Center
Vice Chairman and Director, in New York to establish the
Novel Enterprises Mazumdar-Shaw International
HONG KONG Clinical Fellowships. Mazumdar-
Shaw, who signed the Giving
Chao’s Bai Xian Asia Institute Pledge in 2016, has also given first Catholic university. The 2002, and to her family’s Dhanin
has handed out at least 85 $3.5 million to Krea University, Institute has named its school Tawee Chearavanont Founda-
scholarships to Asian students a new liberal arts university in of business and hospitality tion, which she chairs. Last
this year, each up to $25,000, southern India. “I remain com- management after Liu and its year, Thippaporn and her hus-
to study at universities in mitted to continue making a dif- school of social sciences after band Jwanwat Ahriyavraromp
China and Japan. The funding ference through philanthropy,” her mother, Felizberta Lo Padilla founded the Blue Carbon Soci-
for these scholarships comes she says. —Naazneen Karmali Tong. Liu, who founded prop- ety, an environmental group fo-
primarily from a $100 million en- erty developer Gale Well Group cused on protecting Thailand’s
dowment Chao made in 2014 to in 1976, is Hong Kong’s fourth- mangroves. Mangroves can
establish the education-focused richest woman. She set up L&T be critical in fighting against
institute. The institute has four RITA TONG LIU, 71 in 2003 and in 2015 established climate change, the group notes,
other founders, who donated a Chairman, Gale Well Group the Rita T. Liu Foundation, both as they absorb greenhouse
combined $10 million. Chao is its HONG KONG of which have donated a com- gases up to four times faster
honorary chairman, his daughter bined HK$400 million over the than land-based forests. Blue
Ronna is a cofounder and CEO A devout Catholic, Liu marked years to causes such as cultural Carbon signed an agreement
and brother Silas Chou sits on her 70th birthday in June last heritage conservation, medical in August with the United Na-
its advisory council. Chao made year by giving HK$80 million research, and women’s rights. tions Development Program
his fortune from the family’s tex- ($10 million) to the Catholic- —Jane Ho to protect 24 square kilometers
tile business, Novel Enterprises, run Caritas Institute of Higher of mangroves southwest of
which started as an unbranded Education through her family’s Bangkok. The couple will donate
supplier of clothing and then L&T Charitable Foundation. The $350,000 to fund the three-year
moved into branded merchan- funds will be used to help the THIPPAPORN project. —Ron Gluckman F
dise, developing both Tommy school evolve into Hong Kong’s
Hilfiger and Michael Kors into AHRIYAVRAROMP, 51
major brands. A lifelong believer Founder and Group CEO, COURTESY OF BXAI; COURTESY OF GALE WELL GROUP; NAMAS BHOJANI FOR FORBES; COURTESY OF DTGO
in international education, he DT Group of Companies (DTGO)
earned his bachelor’s degree in THAILAND
mechanical engineering from
the University of Tokyo in 1962 The daughter of Thai billionaire
and a master’s in mechanical Dhanin Chearavanont, Thip-
engineering from the University paporn has been a lifelong
of Illinois in 1964. The experi- champion of philanthropy and is
ence, he says, helped him realize devoted to causes in education,
the importance of cross-border the environment and health-
relationships. To date, the insti- care. She channels 2% of the
tute has awarded 480 scholar- revenues from her privately held
ships to students from 25 Asian investment group, DTGO, to the
countries and territories. Rita Tong Liu education-focused Buddharaksa
—Suzanne Nam Foundation, which she started in
30 | FORBES ASIA DECEMBER 2019 / JANUARY 2020
