Billionaire boom in Asia: survey
Asia experienced a billionaire boom last year, with more than 200 people from the continent seeing their net worth pass into 10 figures, a Chinese publisher said yesterday.
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Billionaire MO to give away $100m through Modewji Foundation
Mohammed Dewji, head of the $1.25bn MeTL Group and an MP in Tanzania, is set to launch a foundation in May to give away $100m of his fortune.
Dewji – ranked 31st richest person in Africa last year by Forbes – plans to gift around $2m from his fortune to the Mo Dewji Foundation on its launch, gradually building up the endowment fund to some $100m, he told Philanthropy Age.
“I earned my money in Africa,” said Dewji. “It is my responsibility and priority to give back.
The foundation will start...