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August 31, 2015

Forbes Magazine Spotlights Asian 'Heroes of Philanthropy'

In its ninth annual philanthropy issue, Forbes Asia recognizes 40 individuals and families for news-making donations in the past year or long records of giving. The list includes wealthy executives and celebrities from China, Australia, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand, and, for the first time, Nepal.

Binod Chaudhary, owner of the Chaudhary Group conglomerate and Nepal's first billionaire, is saluted by the magazine for providing extensive aid in parts of his country devastated by last April's earthquake. Mr. Chaudhary opened shelters and arranged deliveries of food, water, and health services to victims in the wake of the disaster, and his foundation has pledged to rebuild thousands of homes and schools that were damaged or destroyed.