Hong Kong actor Chow Yun-fat to give billion dollar fortune to charity
Crouching Tiger, Hidden Dragon’s star, Chow Yun-fat, has committed his entire billion dollar net worth fortune to charity
Chow Yun-fat, the Hong Kong actor behind box office hits like Crouching Tigger, Hidden Dragon, has pledged to give his entire billion-dollar net worth to charity.
The actor became a household name through roles in Pirates of the Caribbean: At World’s End, Anna and the King and Bulletproof Monk, and has used this fame generously through his charitable patronage, including through he and his wife’s charity.
In his latest commitment, the actor said he would donate his 5.6 billion Hong Kong dollar fortune to charity following he and wife Jasmine Tan’s death. It follows years of Yun-fat’s public plan to give most of his money away.
“The money’s not mine,” Yun-fat told Jayne Stars. “I’m only keeping it safe for the time being. My dream is to be a happy and normal person.”
Yun-fat is famous for not just his acting career, but his frugality. He previously told the same publication that he lives off of just $AU143 a month, relying on public transport to get around and shunning designer labels and luxury goods for discount stores.
“The hardest thing in life is not about how much money you earn, but how to keep a peaceful mindset and live the rest of your life in a simple and carefree manner,” he said.
He has joined the ranks of other elite actors and billionaires who have publicly pledged their own fortunes to charity, including Bill and Melinda Gates, Richard and Joan Branson, Warren Buffett and Mark Zuckerberg and wife Priscilla Chan.
Through The Giving Pledge, the world’s wealthiest have committed to giving more than half of their wealth away. Today it consists of 186 of the wealthiest individuals, couples and families across 22 countries worldwide.
Warren Buffet, co-creator with Bill and Melinda Gates, said: “They are passionate about giving their wealth to help reduce inequalities and improve the lives of everyone in the world.”
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