Yu Pengnian

Yu Pengnian (1922–2015) was a Chinese real estate magnate and philanthropist. Yu grew up poor.

In the 1957, Yu started his working life in Hong Kong as a cleaner.

Yu made his money as a Shenzhen hotel and real estate entrepreneur.

Philanthropy

Yu founded the Yu Pengnian Foundation, which donates money to several different causes, usually for health, education and disaster relief. He himself suffered with cataracts and his charity has funded over 150,000 cataract removal operations across China since 2003. It has also had a hand in setting up numerous Project Hope schools in the western rural areas of China.

In 2008, Yu gave away a property (valued $18 million HK in 2010) which became the Bruce Lee museum in Kowloon Tong neighborhood of Hong Kong. HSBC is designated as the trustee of the foundation.

Yu was married and had two sons. Although Yu's surname is Yu, his son and grandson's surname is Pang. Yu's son is Pang Ah-fan.