Tags: chen guangbiao | 300 | nyc | homeless | diners

Chen Guangbiao Can't Deliver $300 Apiece for NYC Homeless Diners

Image: Chen Guangbiao Can't Deliver $300 Apiece for NYC Homeless Diners
Chen Guangbiao, a Chinese recycling magnate worth approximately $400 Million, speaks to members of the media and approximately 200 homeless people, whom he treated to lunch at the Boat House in Central Park, on June 25, 2014 in New York City.

By    |   Thursday, 26 Jun 2014 01:17 PM

Wealthy Chinese recycling tycoon Chen Guangbiao disappointed hundreds of homeless New Yorkers on Wednesday when he failed to deliver on his promise of handing them $300 each during a charity luncheon.

Chen had taken out expensive ads in The New York Times and The Wall Street Journal in the weeks preceding the luncheon, inviting up to 1,000 homeless people to dine with him at Central Park's Boathouse. According to the Times, he hoped the event would encourage more global philanthropy from wealthy Chinese, but the meal ended on a sour note after the $300 apiece never came.

"Are you serious?" said 52-year-old Tom Cargill, one of the 200 homeless who came to the event, upon hearing the bad news. "I feel so disappointed right now I’m going to throw up."

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It's unclear how many of the city's homeless responded to the ad in the papers — especially in light of Chen's strange attempts to hand out cash in the Tribeca neighborhood last week, which were declined by skeptical New Yorkers. What is clear is that on Sunday he met with the directors of the New York City Rescue Mission.

Craig Mayes, the executive director, agreed to bring some homeless clients to the luncheon on the condition that Chen not hand out cash. He feared the cash would be used to buy drugs and alcohol, and Chen agreed to make a $90,000 donation to the organization instead. Police also said they also discouraged Chen from giving away cash.

On the day of the big event, the 200 homeless were brought in on buses paid for by Chen, and tuxedoed waiters served a multi-course meal.

"I want the wealthy people of the world to see," he told the crowd using an interpreter. "From this event, I hope the whole world will be filled with love."

During the event, Chen did magic tricks for the crowd, and there was also a video played that showcased Chen and his past business and philanthropic accomplishments. He also sang a karaoke version of "We Are The World."

Even though he had agreed not to give away cash, at one point he announced, "I will give $300 for every participant today," which was met with a standing ovation from the crowd. He then began giving away $100 bills on stage, and posing for photographs.

All the while, the rescue mission directors scrambled to give the money back to Chen's assistants and stop him from handing out more cash once he had taken a few photos.

After the exciting shindig, Chen told reporters he would like to make it an annual event, and already looked forward to next year.



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Wealthy Chinese recycling tycoon Chen Guangbiao disappointed hundreds of homeless New Yorkers on Wednesday when he failed to deliver on his promise of handing them $300 each during a charity luncheon.
chen guangbiao, 300, nyc, homeless, diners
467
2014-17-26
Thursday, 26 Jun 2014 01:17 PM
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