Billionaire Hoang Kieu will donate a total of $5 million to help the victims of San Jose flood. This is the largest donation by any single donor. Hoang Kieu, 72, is the founder of Shanghai RAAS Blood Products, Inc. to supply albumin, immunoglobulin and other blood-derived products for the Chinese market. The company is listed on Shenzhen Stock Exchange.
Kieu came to the US as a refugee in 1975. He also owns a Napa winery and a condensed and powdered milk factory in Las Vegas which serves the Chinese market. He is ranked #214 on Forbes Billionaire List with a net worth of $2.7 billion.