This uplifting news comes to us from Hong Kong.
The richest man in Hong Kong has pledged to pay the full tuition for every incoming college student who will be attending Shantou University.
According to a statement from his organization, Li KaShing will be paying roughly $14 million every year for the next four or five years in order to cover the full cost of every undergraduate’s tuition.
90-year-old Shing, worth over $30.4 billion, has also been sustaining the development of the university through several multi-million dollar grants.
The Li KaShing Foundation is also renowned for the donation of over #3.2 billion to various health care related organizations and educational initiatives across China.
Image Source: Asia Nikkei