A true Nobleman. Saudi prince "AlWaleed Ben Talal" pledged on Wednesday July 1st 2015 to allocate all his 32 billion dollars' worth fortune to social and humanitarian projects over the next few years and after he dies.
The prince said: "This philanthropic 32 billion dollars commitment will help build bridges for cultural understanding community development, increasing the authority of women, youth development assistance in case of natural disasters, and creating a more tolerant world."
He also added: "This donation will be allocated at a well-designed plan throughout the coming years."
"AlWaleed Ben Talal" said that the gift would be "Supervised and managed by a board of directors" adding that his commitment would continue after his death in favor of "Projects and humanitarian initiative".
Praised by "Bill Gates"!
"Bill Gates" immediately congratulated "Ben Talal" on twitter saying: "An admirable milestone! @Alwaleed_Talal inspired with a pledge to donate all de son wealth"!
Nephew of King "Salman", and son of the "Red Prince" "Talal Ben AbdulAziz Al Saoud" and Princess "Mona El Solh" who his originally Lebanese, Prince "Al Waleed" holds no government function. He runs a company, "Kingdom Holding Co" which holds shares in activities as diverse as the Euro Disney amusement park, the hotel chain Four Seasons, the US bank Citigroup and media giant News Corporation. It is one of the builders of a tower which has become the highest in the world, over a 1000 meters above the city of "Jeddah", on the west coast of Saudi Arabia.
Earlier this year, he opened a pan-Arab news channel in Bahrain that authorities closed after less than 24 hours of airtime, in what observes as an attack on press freedom.
