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Although recent high-profile donations suggest the answer might be yes, some billionaires still argue it is their duty to amass more money for themselves before they give it away to others.
As many as 262.6 tons of Chinese cabbage, the first batch of a 1,500-ton deal, has been delivered from China's Jilin province to South Korea on Oct 11, to relieve a shortage of the Korean staple side dish kimchi.
Despite concerns over scenes of slaughter, wildlife hunting has become a craze among the wealthiest in China, a country that puts much value on Confucianism, a philosophy that values humanity and harmony.
Overwhelmed by a huge number of visitors who flocked to the capital's Forbidden City during the National Day holiday, authorities at the 590-year-old palace said an e-ticketing system will be introduced next year to cap entries in a bid to protect the monument.
Fifty Chinese guests attended a banquet on Wednesday night with US billionaires Bill Gates and Warren Buffett to discuss philanthropy, the art of giving.
The snow peach, a species of peach that grows on snowy mountains in Yunnan province, has become another "calling card" for Lijiang, a historic city popular with tourists, local government officials have said.
Pet boarding and pet daycare centers are purring with pleasure at this time of year as people rush to bring in their furry loved ones ahead of the holiday.
Zhang Hui, a State-level wine sommelier and also the deputy director of the Production and Operation Department of the COFCO Wines & Spirits Company, shares her views on collecting and investing in red wine.
A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.
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