Philanthropy growing among Asia’s rich

Initiatives such as the Bill and Melinda Gates Foundation, which is backed by the Microsoft founder and Warren Buffet, are an effort by some of the richest people in the world to ensure that their wealth is channelled into poverty and disease alleviation, and this gap narrows. And the giving back theme is spreading rapidly across Asia as well, with some of Asia's richest, such as Li Ka-shing, following suit with their own eponymous foundations.