- May 23, 2007
Give 'till it hurts: Hyundai Chairman will give $1.1 billion in charitable donations
Doling out the Benjamins falls to an independent committee to be formed later in the year, which will use the money to provide for an opera house in Seoul and twelve other cultural institutions across the country. Chung also mentioned he hopes that the money will go toward funding an end to global warming. $1.1 billion just ought to about cover that, right?
[Source: Associated Press via The Detroit News]