Thursday, March 17, 2011

Tan Sri Vincent Tan


KUALA LUMPUR: Berjaya Corporation Bhd founder Tan Sri Vincent Tan has pledged to donate at least half of his wealth to charity.

The announcement was made by Tan during an impromptu speech at the launch of the Berjaya Founder’s Day event, where he spoke about his decision to join “The Giving Pledge” that was initiated by Bill Gates, his wife Melinda and Warren Buffett.

His announcement was greeted by loud applause from guests at the event and shoppers at Berjaya Time Square yesterday. To kickstart his plans, Tan will donate RM20mil this year to various charities that will be announced soon.

“I will also channel to the Better Malaysia Foundation to honour my country.
Eventually, I would like to give away half of my wealth and I hope it will inspire more wealthy Malaysians to donate money for charity,” he said.

According to a recent Bernama report, Tan is the nation’s 12th richest person with assets worth RM2.43bil. He is ranked 828th on the Forbes 2010 world billionaire list with a net worth of US$1.2bil (RM3.66bil).

Tan also donated RM1.5mil to match the RM1.5mil fund that was raised from the Founder’s Day carnival for 28 selected non-governmental organisations and charitable organisations. The Founder’s Day event was initiated to honour the philanthropic efforts of Tan in conjunction with his birthday on Feb 23.

A special coffeetable book chronicling his charitable works titled A Legacy of Care was also presented to him yesterday. According to Berjaya Corporation chief executive officer Datuk Robin Tan, Founder’s Day will be held in February annually.

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