Jack Ma, the founder of e-commerce conglomerate Alibaba, announced the generous aid on Wednesday through his foundation as the outbreak in the Chinese city of Wuhan accelerated.

Forty per cent of the endowment fund, or 40 million yuan (£4.4 million, $5.8 million), is due to be evenly split between the Chinese Academy of Sciences and Chinese Academy of Engineering, whose experts are striving to create the inoculation.


The rest of the grant will support staff from research and scientific establishments in China and around the world in the control and prevention efforts of the coronavirus.

Source:
https://www.dailymail.co.uk/news/article-7943737/Chinas-richest-man-Jack-Ma-donates-11million-help-scientists-develop-coronavirus-vaccine.html?ito=social-facebook

Lalasticlala

Scientists in China and around the world are striving to create the first vaccine for the coronavirus. In the picture above, scientists work in a laboratory of Vaccine and Infectious Disease Organization-International Vaccine Centre at the University of Saskatchewan in Saskatoon, Saskatchewan, Canada

Self-made Mr Ma, 55, is worth $42.8billion (£32.9billion) and was the wealthiest man in China in 2019, according to Forbes.

His foundation said it would also offer all necessary AI computing power to research teams free of charge to help the country tackle the fast-spreading disease.

'Jack Ma Foundation will exhaust our abilities to provide more help to the development and growth of medical science,' the tycoon's charity said today through its official account on Weibo, the Chinese equivalent to Twitter.

The news came days after Alibaba had already earmarked one billion yuan (£110million, $144million) for purchasing medical supplies for hospitals in Wuhan and Hubei Province, the group said in a statement on Sunday.

A worker hoses down garbage bins outside the closed Hankou Railway Station in Wuhan in central China's Hubei Province, Thursday, January 23. The intensifying outbreak has led authorities to quarantine at least 56 million people in Hubei Province, including capital Wuhan

A staff member (L) checks the body temperature of a passenger after a train from Wuhan arrived at Hangzhou Railway Station in Hangzhou on January 23. Hubei is situated bang in the middle of China and surrounded by five provinces - Shaanxi, Henan, Anhui, Jiangxi and Hunan - as well as one populous municipality, Chongqing. It is the transport hub in central China

Is his son single

Millenniumlady:
Is his son single

His son's name is mua yuankun and he graduated from the university of California but I don't know if he's single or not and he's just 27