In a heartwarming gesture, Richard Liu Qiangdong, the billionaire founder and former CEO of Chinese e-commerce giant JD.com, has left residents of his hometown emotional by announcing that he will be delivering gifts to them ahead of Chinese New Year. according to South China Morning Post (SCMP)His generous gesture included a significant cash gift of 10,000 yuan (about $1,400) to each villager aged 60 and above, as well as a variety of gifts such as food, clothing and household appliances for each household, totaling thousands of rupees. Is Yuan.
Born in a financially struggling family in Guangming village, Mr Richard’s journey to success was driven by the collective support of his fellow villagers. according to SCMPIn the early 1990s, when Mr Richard moved to Beijing to pursue his higher education at China Renmin University, the villagers rallied together and pooled their resources to pay for his tuition fees. Their combined contribution included 500 yuan ($70) and 76 eggs.
This kindness left a lasting impression on Mr. Richard. So, upon achieving success, he returned to his village in 2016 and started the tradition of giving gifts. He reportedly gifted a substantial amount of money to each elderly villager and sent gifts worth thousands of yuan to each family, including food, clothing, and household appliances.
This year, Mr. Richard continued his philanthropic efforts. His team asked villagers to submit their household registry and identity documents to ensure smooth distribution of gifts.
Overwhelmed by his generous gesture, the villagers express their deep appreciation, acknowledging that no one has ever shown them such kindness. Xu, a local farmer, said, “Liu also came last year, bringing jackets and food. He has always been considerate, and we are really grateful.”
Another 71-year-old villager reflected on the billionaire’s continued support, saying, “Even if he doesn’t give us gifts in the future, we will always remember what he has done for us. He has worked hard for his success, And we are grateful for their contributions.”
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Mr Richard has also acknowledged the important role his village played in his education and success, and stressed that their support has played a vital role in his journey. He once recalled, “The help of my fellow men is for me the starting point for my move into the world.”
Mr Richard’s philanthropic efforts have also been well received on social media, with many praising his generosity and character. One observer wrote, “He is a prudent businessman,” while another commented, “His genuine helpfulness is more meaningful than any words.”
According to the Hurun Global Rich List released in April last year, Richard Liu Qiangdong’s net worth was 49.5 billion yuan ($6.8 billion), ranking him 427th on the list of global giants.