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1. The People’s Daily News reports that Chen Fashu, regarded as China’s Bill Gates, is setting up his own foundation with over $1billion in assets...:
   http://bit.ly/1v3Z2Y
2. …whilst the China Daily views Mr. Fashu’s move as an attempt to avoid allegations of tax fraud:
   http://bit.ly/AcHTz
3. In an apparent snub to current and recently-retired African leaders, the committee for the Ibrahim Prize for Achievement in African Leadership has declined to make the $5million award this year:
   http://bit.ly/71uLH
4. Prince William partners with 100 Women in Hedge Funds in a philanthropy drive, reports FINalternatives:
   http://bit.ly/UU7QN
5. The Economist’s Matthew Bishop argues for a new social contract for Wall Street, under which its firms are far more generous in their philanthropy:
   http://bit.ly/3r1Yb2

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