Following the outbreak of Coronavirus which has led to the demise of 170 people and over 7700 already infected dominantly in China, the richest man in China, Jack Ma has donated 100 million yuan (£11 million) to help towards defeating the Coronavirus disease.
The richest man in China, Jack Ma is the owner of E-commerce giants and AliBaba, worths £32.9 billion.
Jack Ma has donated the money to scientists across the world who are working towards creating a vaccine for the coronavirus while £4.4 million of the money will go to the Chinese Academy of Sciences and Chinese Academy of Engineering.
The donation was announced by Jack Ma on Thursday via social media platform, Weibo.
“The Jack Ma Foundation will exhaust our abilities to provide more help to the development and growth of medical science.’
Ma’s foundation said it had it has donated 100 million yuan to “support the development of a coronavirus vaccine.”
“We know that the battle between humanity and disease is a long journey. This money will help various medical research efforts and help disease prevention,” it added.
Coronaviruses are a family of diseases which include the common cold and the virus which caused Severe Acute Respiratory Syndrome (SARS), which originated in China in 2002 and killed nearly 800 people around the world.
It causes flu-like symptoms and can make it hard for people to breathe, with a lot of people worldwide now dead after contracting the illness.
The World Health Organisation (WH0) emergency committee is expected to declare Coronavirus an international public health emergency any time from now.