If at the age of 14, when he dropped out of school because his farmer father could not afford his education, someone told Cao Dewang that he would one day be one of China's richest men, he probably would have laughed it off as a joke.

Donating billions of yuan to charity wasn't even a thought to comprehend. But then, he didn't know what destiny had in store.

Ranked by Forbes the 53rd richest man in China in 2008, the business tycoon from Fujian province, whose Fuyao group manufactures windshields for world-renowned carmakers like Volvo, Audi and Bentley, has decided to give away 70 percent of his shares in the firm to charity.