Philanthropy in Asia diverges greatly from Western models

Asian givers support government-led initiatives to complement state goals

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Children stand in line with their parents hoping to receive free food items, distributed by a philanthropist to thousands of residents at a poor community during a Christmas outreach program in Manila. © Reuters

Ruth Shapiro is co-founder and CEO of the Centre for Asian Philanthropy and Society (CAPS).

Wealth is growing in Asia at an unprecedented rate. In 2020, Asia became the world's second-richest region, with 169,889 ultra-high-net-worth (UHNW) individuals accounting for 28% of the global UHNW population -- and these numbers are expected to grow. Along with this growth, there is an increased interest and ability to engage in philanthropy.

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