Lu Weiding, CEO of the auto parts manufacturer Wanxiang Group, became China's most generous philanthropist after donating company shares worth $720 million to a charitable trust, according to the latest Hurun China Philanthropy List 2019 released on May 21.

Ranked second was Charles Chen Yidan, Tencent co-founder, who gave away $500 million, mainly in Tencent shares, while Evergrande's Xu Jiayin (Hui Ka Yan) took the third spot, with contributions of $230 million.

According to the list, total donations from the 114 contributors came to $3.28 billion this year, covering education, poverty alleviation and social welfare, among other causes. Donations are based on cash and cash-equivalents, as well as legally binding commitments.

Here are the top 10 most generous philanthropists in China.