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Wednesday, July 1, 2015

Saudi prince pledges $32 billion to charity - Jul. 1, 2015

Saudi Arabian Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud -- who made billions investing in American, European and Middle Eastern companies -- is donating his $32 billion fortune to philanthropy, according to a statement released Wednesday.



Alwaleed said he wants his money to go to humanitarian causes after his death. The release did not identify specific efforts, but said the board of trustees at Alaweed Philanthropies -- which he currently heads -- will craft a plan to spend the money on initiatives related to healthcare, education and poverty.



Saudi prince pledges $32 billion to charity - Jul. 1, 2015

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