A SAUDI billionaire, Prince Alwaleed bin Talal,
has announced one of the biggest
philanthropic gestures in history, promising
to donate all his $32billion (£20billion)
wealth to charity over the coming years.
Alwaleed, a 60-year-old magnate who is a
nephew of the late King Abdullah, said he
would channel the money through his own
Alwaleed Philanthropies organisation. The
money will go to programmes promoting
health, eradicating disease, modernisation,
intercultural understanding and
empowering women, he said. “This
donation will be allocated according to a
well-devised plan throughout the coming
years,” the prince said in a statement.
“Philanthropy is a personal responsibility,
which I embarked upon more than three
decades ago and is an intrinsic part of my
Islamic faith. “With this pledge, I am
honouring my life-long commitment to what
matters most – helping to build a more
peaceful, equitable and sustainable world
for generations to come.” The prince’s move
will be modelled on the Bill and Melinda
Gates foundation, which last year donated $
4billion to various causes. Alwaleed and
Gates have already worked together on a
polio eradication programme. Gates said
Alwaleed’s decision “is an inspiration to all
of us working in philanthropy around the
world.” Philanthropy has surged over the
past generation as the general retreat of
government and proliferation of misery
have left a vacuum. Gates, who set up his
foundation in 2000, has signed up more
than 100 billionaires, including Mark
Zuckerberg, Michael Bloomberg, Richard
Branson and George Lucas, to giving away
half their fortunes to charity. Last year, the
top 10 single donations in the US topped $
3.3bn. Prince Alwaleed has supported
philanthropy for more than 35 years, with
donations thus far reaching $3.5billion.












Source:www.dailyindependentnig.com/2015/07/saudi-billionaire-pledges-entire-fortune-charity/

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I dee tells you oo

kolatobs:
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The beauty of Ramadan. I pray to be strong to do something even more noble.

If the guy should dash one nigerian only $100k he won't even feel it. And the nigerian like will never be the same again. Click like if you need this $100k suddenly

Nice Man....
I will do same someday

I need his phone number.