Chinese tycoon hosts Central Park luncheon for homeless - New York News

Chinese tycoon hosts Central Park luncheon for homeless

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In this Jan. 7, 2014 file photo, Chinese billionaire Chen Guangbiao addresses a news conference in New York. (AP Photo/Richard Drew, File) In this Jan. 7, 2014 file photo, Chinese billionaire Chen Guangbiao addresses a news conference in New York. (AP Photo/Richard Drew, File)
NEW YORK (MYFOXNY) -

A Chinese tycoon who is known for his philanthropic publicity stunts hosted a luncheon for 250 homeless New Yorkers at The Loeb Boat House restaurant in Central Park on Wednesday.

A day after handing out $100 bills on the streets of New York, recycling magnate Chen Guangbiao, 46, sang "We Are The World" to residents and members of the Rescue Mission shelter - the oldest in the nation - over lunch at the swanky eatery.

Chen has said he wants to disprove the cliché image of rich Chinese spending money mostly on luxuries.

The menu consisted of sesame-seed-encrusted tuna, beef filet and berries with crème fraiche.

While Fox 5 was interviewing Chen, he took reporter Arthur Chi'en's microphone and actually helped set it up at the podium for a press conference.

Chen placed ads in the New York Times and Wall Street Journal to announce the lunch.

He then handed out $300 to each guest at the end of the luncheon.

Forbes estimates Chen is worth more than $700 million. Born into poverty, Chen said that two of his siblings died from starvation. He said he hauled trash and cold water and snacks to put himself through school.

Chen once distributed small oxygen tanks to people on the streets of Beijing to draw attention to the poor air quality in the city and country.

Earlier this year, the man who bills himself as China's "No. 1 philanthropist," told reporters in New York that he had brought two women to the U.S. to undergo surgery for disfiguring burns they suffered when they set themselves on fire during a protest in Beijing's Tiananmen Square in 2001.

Fox 5's Arthur Chi'en and The Associated Press contributed to this report.


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