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Philanthropist Walter Wang honored by DEA Educational Foundation

Billionaire philanthropist Walter Wang speaks to Eyewitness News on Wednesday, May 29, 2013.

May 30, 2013 12:00:00 AM PDT
One of Los Angeles' wealthiest and most giving men received a big honor Wednesday night.

Walter Wang was given the lifetime achievement award from the Drug Enforcement Administration's Educational Foundation.

The billionaire philanthropist has supported the DEA's anti-drug efforts in many ways, including a program that keeps kids off the streets and away from drugs through dancing.

"Education makes a difference. Education minimizes drug usage and drug addiction," said Wang.

Wang's philanthropy also extends overseas. His Los Angeles-based company, JM Eagle, has provided piping for clean water to villages in Africa and China.