Start making sense of your financial wellness.

Watch the Sitholes every Thursday at 17h30 on e.tv

Chinese tycoon to treat homeless to lunch

Comment on this story


iol pic wld china-new-york-free-food

AFP

This picture taken in 2010 shows demolition company tycoon Chen Guangbiao talking to AFP in his home in Beijing. Picture: Peter Parks

New York -

A Chinese tycoon is feeding hundreds of homeless New Yorkers some fancy food - in Central Park.

The lunch for 250 residents of a Manhattan shelter will be served Wednesday at the Boathouse restaurant.

Recycling magnate Chen Guangbiao (gwong-BYOW') is offering them sesame-seed-encrusted tuna, beef filet and berries with creme fraiche. He'll also provide entertainment by singing “We are the World.” And he's promised each guest $300.

Chen says he wants to disprove the cliche image of rich Chinese spending money mostly on luxuries.

But his American ambitions surpass philanthropy.

Earlier this year, the 46-year-old businessman wanted to buy The New York Times. Times chairman Arthur Sulzberger, Jr, said the newspaper was not for sale.

To announce the lunch, Chen placed ads in the Times and The Wall Street Journal. - Sapa-AP


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks

Business Directory