China’s Rising Philanthropy Presents the Next Big Brain Science Donor

As private wealth based in China has grown, so has the country’s philanthropy. The number of billionaires is on the rise, including people like Jack Ma, the Alibaba founder who has collaborated with top donors like Bill Gates, Mark Zuckerberg, and Yuri Milner. The latest big names to cross over into U.S. philanthropy are Tianqiao Chen and Chrissy Luo, a couple currently based in Singapore whose wealth comes from Shanda Interactive Entertainment Limited, which became China’s largest online games company before expanding into global investment, with holdings in U.S. companies like LendingClub and Sotheby’s. Chen and Luo have been giving in China and Mongolia toward medical programs, education, and disaster relief for a long time now, but as they embark on stateside giving for the first time, they have one…


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