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Tycoon hands out $100 notes to the homeless

<p>The recycling baron also treated 200 homeless guests to a lavish lunch at a hotel in Central Park</p>

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Tycoon

New  York: A Chinese millionaire made good on his promise to model how the wealthy should give generously to the poor.

Chen Guangbiao, a tycoon who made his fortune from his recycling business, announced earlier this month by taking out ads in The Wall Street Journal and The New York Times that he would invite struggling New Yorkers to a free lunch at the swanky Central Park Boathouse on Wednesday. But, before treating his guests to the high-end meal, Chen offered up some other party favours to unsuspecting passersby.

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