Previous Trend Next Trend

Luxury as Charity

Billionaire Rents Hawaii Dream Home for $150 / Month

Luxury as Charity Mansions 1 50 Real Estate Innovations 2 75 Ridiculous Luxuries Defying the Credit Crunch 3 28 Real Estate Innovations 4 Top 22 Billion Dollar Features 5 14 Viral Hawaiian Innovations 6 14 Viral Hawaiian Innovations 2 7 14 Viral Hawaiian Innovations 3 8
83 Trends
339,000 Views

Apprentice

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.

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.

4,039 clicks • Published: Mar 21, 07 • Updated: Aug 15, 11 • References: cnn and neatorama
Popularity 
Activity 
Freshness 
DEMOGRAPHICS
Get PRO Now






Leave Comments



rocketranger on Mar 22, 07  0 Trends   2,582 Comments
Now why cant more elite wealthy do the same in the Mainland?? Nice idea. Give & Earn More. Now can he expand his mansions to Maui HI, Kona HI, Lanai HI, Kauai HI. Nice. Open some for tourist couples, families. Wow. Hire new staffers for estates alone. Kudos. Bravo BRavo.
rocketranger on Mar 22, 07  0 Trends   2,582 Comments