Jack Ma donates £11m to help tackle coronavirus
China richest man, Jack Ma has announced through his foundation that he donated 100 million yaun( £11m) to help tackle coronavirus.
Jack Ma announced the donation on Thursday on social media platform, Weibo, stating:
‘The Jack Ma Foundation will exhaust our abilities to provide more help to the development and growth of medical science .’
Ma’s said it had donated 100 million yuan to “support the development of a coronavirus vaccine.”
“We know that the battle between humanity and disease is a long journey.
This money will help various medical research efforts and help disease prevention,” it added.
The Corona disease has rampaged China and recorded about 170 death and 7700 infection.
Coronaviruses are a family of diseases which include the common cold and the virus which caused Severe Acute Respiratory Syndrome (SARS), which originated in China in 2002 and killed nearly 800 people around the world.
Jack Ma announced the donation on Thursdayon social media platform, Weibo, stating:
‘The Jack Ma Foundation will exhaust our abilities to provide more help to the development and growth of medical science.’
Jack Ma is worth £32.9 billion and the owner of E-commerce giants, AliBaba.
He donated the money to scientists across the world who are working towards creating a vaccine for the coronavirus while £4.4 million of the money will go to the Chinese Academy of Sciences and Chinese Academy of Engineering.
The World Health Organisation (WH0) emergency committee is expected to declare Coronavirus an international public health emergency any time from now