(CFP)

Cao Dewang, Board Chairman of the Fuzhou-based glass manufacturer Fuyao Group, ranked No.1 in the 2011 Hurun Philanthropy List, which was released on April 19. His family donated 4.58 billion yuan ($694 million) to charity in 2010. Cao has donated nearly 5 billion yuan ($758 million) since he made his first donation in 1983, accounting for 40 percent of his total wealth.

Cao, 65, founded Fuyao in 1987 and turned the company into a listed group in 1993. Cao donated 100 million yuan ($15.15 million) to the quake-hit Yushu County of Qinghai Province and 200 million yuan ($30.3 million) to drought-hit southwest China in 2010.