August 4, 2017 forbes india | 79the 2017 listaustraliaLen Ainsworth 94
FOUNDER & EXECUTIVE
CHAIRMAN, AINSWORTH
GAME TECHNOLOGY
Signed the Giving Pledge in
March, promising to donate
at least half his estimated
$1.3 billion betting-machine
fortune to charity. Has
ramped up his philanthropic
efforts in recent years,
focusing on medical research,
universities and engineering.Andrew Forrest 55
FOUNDER & CHAIRMAN,
FORTESCUE METALS GROUP
Donated more than $300
million in May to various
causes, including cancer
research, education and greater
opportunities for indigenous
people. It is the largest
philanthropic donation made
at one time by a living person
in Australia. The iron-ore
magnate and his wife Nicola
were the first Australians to
sign the Giving Pledge, in 2013.Graham Tuckwell 60
FOUNDER & CHAIRMAN,
ETF SECURITIES
With his wife Louise gave
more than $75 million to
Canberra’s Australian National
University last July, the
biggest donation ever by an
Australian to a university.
Funds will be used to build
student housing for winnersof his Tuckwell Scholarships,
established in 2013 with
a $50 million donation.ChinaChen Tianqiao 44
Chrissy Luo 41
FOUNDER, CHAIRMAN &
CEO/VICE CHAIRMAN,
SHANDA GROUP
Contributed $115 million
last December toward the
$200 million Tianqiao &
Chrissy Chen Institute for
Neuroscience at the California
Institute of Technology. The
gift is aimed at boosting brain
research. The husband and
wife made their fortune—
which topped $1 billion as
recently as 2015—in the
online-videogame industry.
They plan to give more money
to Caltech and also endow
brain research at institutes
in China and elsewhere.He Qiaonv 51
FOUNDER & CHAIRMAN,
ORIENT LANDSCAPE
INVESTMENT HOLDING
Her Qiaonyu Foundation,
launched in 2012, pledged
$15 million last November
to set up a fund to counter
global warming. In May,
the fund agreed to provide
$1.5 million to the UN
Southern Climate Partnership
Incubator initiative to boost
environmental cooperation
among developing countries.The head of the country’s
largest interior design and
landscape architecture firm
is also a member of Mulan
Club, a group of female
business leaders in China that
donated $44 million to Peking
University in May to foster
entrepreneurship by women.Hoi Kin Hong 64
FOUNDER & CHAIRMAN,
POWERLONG GROUP
Set up the Powerlong
Philanthropic Foundation
last October with $29 million
pledged for poverty relief,
culture, education, health
care and environmental
protection. The real estate
mogul also donated $23
million last year to other
causes, including $15 million
to boost the development
of his rural hometown
in Quanzhou, Fujian.Yao Ming 36
FORMER BASKETBALL STAR
Funds youth basketball leagues
in rural China (page 82).hong kongAdrian Cheng 37
EXECUTIVE VICE CHAIRMAN,
NEW WORLD DEVELOPMENT
Grandson of the late jewellery
and property magnate
Cheng Yu-tung aims to bring
obscure Chinese artists into
the mainstream through
his K11 Art Foundation.nearly 30 people with cerebral palsy
at his restaurants across Chennai.
Mahadevan has long used his
business to transform the lives of
people. He’s set up baking equipment
at a juvenile home, a prison and an
orphanage. He’s jump-started a popcorn-
production unit that donates proceeds
to the Spastic Society. He’s contributed
more than $1 million to a variety of
causes and now donates at least a third
of his annual income to philanthropy.
The Chennai native is often
referred to as Hot Breads Mahadevan
because of his eponymous chain of
bakeries, which he started in 1989and then expanded around the world,
from the Middle East to the US
He holds a stake in more than 350
restaurants, cafes and bakeries across
16 countries. These restaurants, such
as Copper Chimney, Wangs Kitchen
and Benjarong, span the gamut from
Indian to Chinese to Thai cuisines.