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Eugene

(61,899 posts)
Thu Jul 2, 2015, 10:35 AM Jul 2015

Saudi prince to donate $32bn fortune to charity

Source: BBC

Saudi prince to donate $32bn fortune to charity

4 hours ago Middle East

Saudi Arabian billionaire Prince Alwaleed bin Talal has said he will donate his $32bn (£20bn; €29bn) personal fortune to charity.

The 60-year-old nephew of King Salman is one of the world's richest people.

He said he had been inspired by the Gates Foundation, set up by Bill and Melinda Gates in 1997.

The money would be used to "foster cultural understanding", "empower women", and "provide vital disaster relief", among other things, he said.

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Read more: http://www.bbc.com/news/world-middle-east-33353370
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Saudi prince to donate $32bn fortune to charity (Original Post) Eugene Jul 2015 OP
pardon me for my incredulity.... pipoman Jul 2015 #1
"charity" YoungDemCA Jul 2015 #2
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