China's Most Flamboyant Millionaire Invited Homeless New Yorkers To A Fancy Lunch And Handed Out Free Cash

Julia La Roche for Business InsiderGuangbiao giving our hundred dollar bills to New York City's homeless.

Multimillionaire Chen Guangbiao, the self-proclaimed "Most Influential Person of China," held a massive event in New York City Wednesday where he handed out hundred dollar bills to 200 homeless people at The Loeb Boathouse in Central Park on Wednesday.

"He's the man! He's the man!" one man shouted throwing his arm around Guangbiao and waving the three one-hundred dollar bills he received in the air.

"I wish and hope that you will put the money into good use," Guangbiao said during remarks delivered via a Chinese translator.

"I hope that you will use this money as seed money for whatever job training or job education you will receive so that you can help yourself," he continued.

Guangbiao, 46, then told the crowd that he would like to do this every year. They began to cheer and whistle.

Julia La Roche for Business InsiderThe meal Guangbiao had served for his guests.

Along with the cash, Guangbiao's homeless guests were treated to a lunch of seared sesame crusted tuna with an Asian slaw and steak with mashed potatoes and green beans by a white-gloved waitstaff.

"They're not feeding the press?" one of the many members of the media who were in attendance quipped beforehand.

Guangbiao began his New York City adventure Tuesday when he strolled through the streets of Tribeca with a photographer and reporter from the New York Post attempting to hand out $100 bills to passersby. That effort didn't exactly go as planned as many of the New Yorkers Guangbiao tried to hand money to ignored his entreaties.

The lunch also didn't go off without a hitch. According to the event's invitation, the lunch was for 300 "poverty stricken people." However, only 200 people from the New York City Rescue Mission were able to attend.

At least 100 other homeless community members were left outside the event.

Julia CannonHomeless people waiting outside the lunch.

Duwell, one of the men who found himself barred from the luncheon, called the event "the worst fraud [he] has ever seen perpetrated against the homeless community."

"I am handicapped and I have been waiting here for ten and a half hours," he said. "I have been chased by the police and treated with disrespect after we were promised a gourmet meal and $300. This is a publicity stunt."

Another woman, Tammy, claimed she waited for 3 hours and said she "was going to stay as long as [she] had to, to get her good meal."

Tammy also questioned the method used to invite people to the event.

"Why would you send an invitation by email to homeless people? If I had a computer, I would have a home!"

Tammy never made it inside.

Julia CannonChinese Communist Party supporters outside the lunch.

An Anti-Chinese Communist Party group also gathered in protest outside the venue, repeating a chant of "Chinese Communist Party is evil! Chinese Communist Party is terrible!" throughout the day.

The Anti-CCP presence was not surprising, though, since CCP supporters clad in military fatigues turned out in huge numbers to volunteer for the event.

Despite the controversy, Guangbiao seemed to remain confident in his philanthropic efforts.

Julia La Roche for Business InsiderGuangbiao's DVD

"I have helped millions of people and would like to encourage the press to interview the people who actually received help from me today-Instead of listening to those people who might be jealous who might have a lot of negative things to say about what I have to offer," Guangbiao said during his remarks at the lunch.

The reason why folks were left out wasn't exactly clear.

Guangbiao is a recycling magnate with a reported wealth of $740 million. He is infamously eccentric and, according to Reuters, "is something of a celebrity in China."

One of Guangbiao's trademarks is singing the song "We Are The World". He mentioned the song repeatedly during the lunch. He also performed some magic tricks for the crowd.

Julia La Roche for Business InsiderGuangbiao performing magic

On his business card, Guangbiao describes himself as the "Most Influential Person of China, Most Prominent Philanthropist of China, China Moral Leader, China Earthquake Rescue Hero, Most Well-known and Beloved Chinese Role Model, Most Charismatic Philanthropist of China" among many other self-proclaimed accolades.

During the Central Park event, a DVD played in the background that constantly referred to Guangbiao as "the No. 1" this and "the No. 1" that in China. We eventually lost count.

Guangbiao is one of the 400 richest people in China. At the event, he explained his rationale for giving cash away.

"Some people [say] that money is almost like human waste - you don't come to this earth with it and you cannot carry it to your next life."

Here's Guangbiao's rendition of "We Are The World":

And here's the event's invitation:

Chen Guangbio