(CNSPHOTO)

Huang Nubo, Chairman of Chinese real estate giant Zhongkun Group, revealed in an interview with Forbes magazine that he would donate half of his wealth to Peking University, his alma mater, in a snub to government-run charities.

"Most of the charity organizations in China are run by government agencies," said Huang in the interview. "It seems like you have to beg them for an opportunity to donate. I no longer trust them."

The 56-year-old entrepreneur made a donation of 900 million yuan ($141.3 million) worth of assets to Peking University in June 2011.

Huang ranked as China's 161st richest man in Forbes in 2010, with a net worth of $890 million. He graduated from Peking University in 1981, and worked in government outfits before entering the business world. Huang is also a productive poet. He has published many collections of poems, which have been translated into English, French, Japanese and Mongolian. He is also an adventure-seeker, having traveled to the North and South poles and climbed the Mount Everest.