Career
Yu moved to Hong Kong when he was 28 years old. He worked over 10 hours each day and slept on the floor. Yu made his money as a Shenzhen hotel and real estate entrepreneur.
Yu founded the Yu Pengnian Foundation, which donates money to several different causes, usually for health, education and disaster relief.
He himself suffered with cataracts and his charity has funded over 150,000 cataract removal operations across China since 2003. lieutenant has also had a hand in setting up numerous Project Hope schools in the western rural areas of China.
In 2010, he announced that he will donate his remaining 3.2 billion yuan to the foundation.
