Saudi Arabia’s Humanitarian Prince donates his $32bn fortune to charity

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          Who’s Prince Alwaleed?
     Prince Alwaleed, the humanitarian Prince as I’ll like to call him is the nephew of the late King Abdullah of Saudi Arabia and his full name is Alwaleed Bin Talal Bin Abdul Aziz Al Saud. He is often referred to as the ‘Arabian Warren Buffet’ because of his enormous success in business. He has made billions from business investments in America, Europe and the middle east. He was ranked by Forbes as the 34th richest person in the world!
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He has been married four times and has children. Nonetheless, he has decided that upon his demise, his $32 billion dollar fortune will be used for humanitarian causes. Although no specific cause was named, he said that Alwaleed Philanthropies, which he currently heads will use the money for issues relating to health care, education and poverty.
       The Prince statement reads,
Philanthropy is and intrinsic part of my Islamic faith. With this pledge, I am honoring a life long commitment to what matters most, helping build a more peaceful, equitable and sustainable world for generations to come.
      I’m indeed touched by the Prince’s words and actions. We need more people who have the financial power to come out and help in addressing the numerous humanitarian needs of our world today.
          Anyway, in another very unrelated news, Floyd Mayweather is said to have stepped out in jeweleries valued at about $3bn!!!

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     Imagine such ostentation and flamboyance! I’m just thinking about how far and how many lives that money would have saved had it been used for charitable purposes. For instance, feeding starving children in South Sudan. Hopefully, our celebrities will soon learn how to give back to the society.

              

Written by Olisa Lotenna

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2 thoughts on “Saudi Arabia’s Humanitarian Prince donates his $32bn fortune to charity

    Mr. Militant Negro said:
    July 3, 2015 at 9:12 pm

    Reblogged this on The Militant Negro™.

    Liked by 1 person

    John said:
    July 4, 2015 at 12:17 pm

    Reblogged this on jpratt27.

    Liked by 1 person

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