Berjaya Corporation Bhd founder and executive chairperson Vincent Tan announced he will give half of his wealth to charity when he is no longer around, while appealing to more wealthy Malaysians above 70 years old to do the same.

The billionaire said doing so would help the underprivileged to own affordable homes as housing is a basic need of human beings and essential for a person's sense of dignity, safety, and inclusion.

"I think it is not wise to...