Page 61 - Forbes - India (January 2020)

the list

reuterS Scott barbour / Getty imaGeS
Sunway Education Group—valued
at more than $238 million—to the
Jeffrey Cheah Foundation.
● dANIEllE KEEToN-olSEN

Jack Ma, 55
Founder, Jack Ma Foundation
ChINA
SEE ProFIlE oN PAGE 64

Theodore Judith Neilson,
Rachmat, 76 73
Founder and Patron, JN
Founder, Triputra Group Projects
INDoNesIA AusTrAlIA
Mining and agribusiness tycoon Neilson committed A$100 million
rachmat has since 2018 donated ($72 million) in November 2018 to
nearly $5 million toward his establish the Judith Neilson
A&A rachmat Compassionate Institute for Journalism & Ideas in
Service Foundation, which Sydney. The institute sponsors
supports educational grants, education and events to
opportunities, health care and encourage quality independent
orphanages. launched in 1999 as journalism, including more
a scholarship fund, the foundation reporting on Asia. In July, it
has awarded scholarships to announced its first series of grant
21,000 recipients over the years, programmes, which will support a
with rachmat contributing number of news outlets, including
$12.5 million. To ensure that the reopening of the Australian 61
students stay in school and learn Financial review’s Southeast Asia
effectively from an early stage, bureau. Neilson owns a 21 percent
the foundation also organises stake in Platinum Asset
annual training programmes for Management, the global
primary school teachers. In investment group founded in
2005, it expanded into health 1994 by ex-husband, Kerr Neilson.
care, setting up clinics in rural She also owns one of the world’s
areas that charge patients less most significant collections of
than $2 a visit. Chinese contemporary art, which
is displayed in her White rabbit
● JolIE TrAN art gallery in Sydney.
● lUCINdA SCHMIdT
Jeffrey Cheah, Judith Neilson
74
Chairman, sunway Group Jeffrey Cheah
MAlAysIA
Through his eponymous
foundation, Jeffrey Cheah has
donated almost $39 million to
fund scholarships and educational
causes since 2018. Cheah has
also provided funding to public
primary schools, giving a
combined $2.5 million to SJKC
Chee Wen in Selangor state and
SJKC Gunong Hijau in Perak state,
and another $6 million to schools
around Malaysia. Cheah is founder
and chairman of Sunway group,
which has interests in 11
industries across the Asia-Pacific.
Since 2009, he has gradually
transferred his entire stake in
courteSy: SunWay Group

january 31, 2020 • forbes indiA