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Tycoon has its due contributions to the West

Buffett’s donation initiative has been the rich pre-loaded U.S. and now has 40 assets of over one billion U.S. dollars of U.S. millionaire to join. Of course, the generosity of the rich, in addition to their charity, but also due to the existing provisions of Western encouragement of charity.

The tax system, the amount of estate duty in Western countries is very high, such as the United States up to 50%. Therefore, many U.S. billionaires prefer to property out for public welfare.

In the United States, if a company donated money to the community, and donations in excess of 10% of tax payable, then the corporate tax to 10% reduction. If less than 10% can be deducted in the tax portion has been donated.

In China, if companies want to get relief through charitable tax incentives must be approved by the state to contribute a small number of foundations can be achieved.

Micro-Bo Zhang Xin read: “Gates and Buffett received the invitation sent them on September 29 in Beijing, and China’s friends exchange charity. I see them in the media to come to China to convince Chinese were charitable donations, the U.S. charity to do very mature, and Gates made the next level, we have just started to learn a lot. ”

Yale School of Management professor of financial economics has not miserly Zhiwu Zhang Xin expression of appreciation, “This reminds me of a few years ago,” age “Zhang Ziyi on the cover, which on the title of ‘China’s new face’. Phase By contrast, I like Zhang Xin, China’s image as a representative of the present, she is self-entrepreneurs, representing the spirit of self-taught. ”

The industry believes that Americans do not admire the rich, but admire the rich to give something back to society – the values of this new wealth, China may be on the rise of awareness of the rich and the public’s awareness of the public good positive effect.

Perhaps this is also invited Zhang Xin, Gates and Buffett selection consideration.

According to industry analysts had, and Buffett has had direct business dealings, and Buffett’s friend will bear the brunt of a very good personal friendship with Buffett BYD Auto boss Wang Chuanfu well-deserved, it should be ranked first. 2006 to 620,100 U.S. dollars of the price bid, and Buffett lunch backgammon electronic head of Duan Yongping, 2008 to 2.11 million U.S. dollars in expensive a meal together with Buffett’s Zhao Danyang, are with the stock because God has made to join the edge of the cup may be selected. In addition, according to Buffett in the U.S. standards, he may select “Forbes” Top Ranking of Chinese millionaires, then the mainland’s richest man, Wahaha Group Chairman Zong, Zhang Jindong, Suning Group President and Chairman, 31 Liang, chairman roots is likely to be Warren Buffett to be “persuaded” of the object.

However, Zhang Xin was invited to judge, “a charitable wishes and move,” the rich Buffett and Gates may choose to invite an important criterion for the object. Zhang Xin from SOHO China Foundation, established in 2004 started doing charity, and select the modernization of education (especially the spirit) as the focus. In the end of 2004 to establish a personal donation of all the individual shares of the Fund’s Mengniu Group chairman Niu Gensheng is also very likely invited. 2007 Boao Forum, Niu Gensheng representatives also met with Bill Gates. Therefore, there is speculation that some Chinese celebrities, such as Yu Pang charity, Chun-Ping Li, who estimated that response will be Buffett’s “donation Declaration.”

Gates Foundation Ben Wang told reporters the Chinese, “Fortune donor commitment” to work, including the annual commitment to bring together “to share experiences and learn from each other,” but “wealth donation promised” itself does not conduct fund raising, not support a specific mission or organization, such as the Gates Foundation. Therefore, Gates and Buffett will not be in China, “donation” or for the Gates Foundation “fund-raising.”

In fact, the purpose of doing this is to ask people to pledge their commitment to donate all the wealth into philanthropy. But it is not a donation program.

Above also said, “Fortune donation commitment” to work, including the annual commitment to those gathered “to share experiences and learn from each other,” but “wealth to donate commitment” does not in itself to raise funds, do not support a particular mission or organization, such as the Gates Foundation. Therefore, Gates and Buffett will not be in China, “donation” or for the Gates Foundation “fund-raising.”

SOHO China, Zhang Xin, CEO Micro released yesterday afternoon, Bo said that Gates and Buffett have received the invitation sent, and revealed that two of Gates and Buffett to Beijing exchange time for charity on Sept. 29. The industry forecast invited to China as wealthy there are some big names like anything but wealthy.

Wang Chuanfu with Buffett
Zhang Xin, in August this year, had just boarded the latest issue of “Bloomberg Markets” on the cover, entitled “builders of China’s billionaires.”

30 night, a spokesman for the Gates Foundation, Callie S. In response to a reporter’s question, said Ben Wang, the Gates and Mr. Buffett is not the actual trip to Beijing organized by the Gates Foundation, but by Giving Pledge to coordinate, this is the Bill and Melinda Gates in a private project .

Chu Shijian not think, he finally was repeatedly mentioned in history is always in such situations. After him, CW Lee, Zheng Junhuai such fame in his remarkable entrepreneurs not to fall in the same things. Can even be attributed to Zhao such. According to Wang Shi, and if there is Zhao had 39 shares, he will then recklessly expand it?

Such entrepreneurs will be no more, unclear property rights has passed. However, under the same constraints, Liu able to more than 20 years, “Shui big bend,” compete with established strategy of negotiations. The other extreme, such as Wang Shi, sent shares in the face turned away, regardless of how the mind, the fact that he received more than lost.

Too close to those who have disappeared with the officials of the entrepreneurs who put it here. Wumart founder Zhang, Fu Zhang Rongkun Hay Group, Nongkai Group, Zhou Zhengyi, Gome Huang Guangyu. Under the current system in China, this type will emerge again.

Finally, the memory of life for those who have gone entrepreneurs, both Group founder Wang Yao Yao, Yifei Chen Yifei Group founder, Haixin Steel founder Li Haicang, Lida Toy founder Zhang Shuhong. First two middle-aged died of overwork, Li Haicang died in revenge killings. Zhang Shuhong is a Hong Kong business, the production of toys for excessive lead content in all been asked to recall committed suicide. Zhang is not a great, but from his “disappearance” to see the plight of Chinese-made shadow.

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