Why did Jack Ma donate money?

Jack Ma joined the American Life Sciences Breakthrough Prize Foundation and serves as a director of the foundation. The Life Science Breakthrough Prize Foundation was established on February 20, 2013. The Life Science Breakthrough Prize established by it aims to inspire scientists who are engaged in research to combat cancer, diabetes, Parkinson's and other diseases. After joining, Jack Ma and his wife will donate US$3 million to the Life Science Breakthrough Prize Fund every year. The foundation's annual awards will be increased to six, with each award worth $3 million.

Two of the larger donations were £14.5 billion in 2014, the largest donation of the year, and £14.65 billion in 2015, also the largest donation of the year. Since then, it has donated a little less each year, but has accumulated more than 30 billion.

In order to better solve the problem of material shortages, Alibaba has established a 1 billion special fund for medical supplies, actively mobilized domestic supporting production capacity, coordinated the emergency resumption of work in 58 regions including Yiwu, Shenzhen, and Guangzhou, and accelerated the supply of medical supplies. Production. The first batch will purchase 2 million N95 masks, 0x1.7753 billion medical surgical masks, 100 million disposable medical masks and other protective equipment.

In addition, Alibaba’s “Hema” has also begun delivering free meals to medical staff. Do our best to ensure the lives of people in Wuhan.

Speaking of giant charities, I believe everyone will say that foreigners prefer to donate money, because giants like Buffett, Bill Gates, and Zuckerberg have promised to donate most of their property.