Nina Wang trust donates HK$100 million to Hong Kong fire victims, surpassing Li Ka-shing
The sum exceeds HK$80 million donated by Li Ka Shing Foundation, which made its contribution a day after last month’s deadly blaze in Tai Po
The trust of late billionaire Nina Wang Kung Yu-sum has donated HK$100 million (US$12.8 million) to victims of the deadly Tai Po blaze, surpassing tycoon Li Ka-shing to become the second-largest single donor after the Hong Kong Jockey Club.
Nina Wang Charity Management announced on Thursday that it would donate HK$100 million to support the government’s recovery and community rebuilding efforts following the Wang Fuk Court fire, which killed at least 160 people and displaced more than 4,000 residents.
Annie Tam Kam-lan, chairwoman of the trustees’ board of governors, offered her condolences to the victims and said the trust would work closely with the government and other parties to help Hong Kong continue to grow and move forward during these difficult times.
“In honouring the wishes of the late Mrs Nina Wang, the trustee is solemnly committed to assisting with the recovery and community building work.”
The trustee clarified that it was not related to the Chinachem Charitable Foundation.
It manages Wang’s more than HK$140 billion estate, which had been the subject of a decade-long legal dispute since the Chinachem Group chairwoman died in 2007.