A Japanese billionaire has decided to share his wealth by renting out his mult-million dollar Hawaii mansions to under privileged familes at a mere fraction of their worth. He's asking a pittance, really - $150 a month in rent.
Over 3000 families applied as tenants - however only a lucky 8 families could participate. The good news is that this generous and wealthy real estate developer hopes to open up four more properties as early as next month.
Over 3000 families applied as tenants - however only a lucky 8 families could participate. The good news is that this generous and wealthy real estate developer hopes to open up four more properties as early as next month.
Implications - It is rare to see such genuine generosity in the over-privileged, but Japanese billionaire Genshiro Kawamoto breaks the mold. The Hawaii real estate developer rents out luxury homes well below market value, at $150 per month in this case, to low-income locals and families in need. A creative way to help those in need and draw attention to his work, this project is making waves in the philanthropy world.
