Saudi-Arabian Prince Donates $32Billion Fortune to Charity Organization

The Saudi Arabia 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 and at no 34 on the Forbe list of the world's richest people..

Prince Talal said he was inspired by the Gates Foundation, set up by Bill and Melinda Gates in 1997.
He said the money would be used to "foster cultural understanding", "empower women", and "provide vital disaster relief", and other things. The money will go to the prince charitable organization, Alwaleed Philanthropies, to which he has already donated $3.5bn.

Bill Gates has praised the decision, calling it an "inspiration to all of us working in philanthropy around the world".

The Profile of Prince Alwaleed bin Talal Al Saud

• Self-proclaimed "Warren Buffett of Arabia" was born in 1955. He is the nephew of King Salman
• Studied at Menlo College and Syracuse University in the US
• Founder of Kingdom Holding Company, a Riyadh-based publicly traded conglomerate
• First contract was to advise a Korean company building an officers' club at a Riyadh military academy. Later chose to invest the profits in local real estate
• Invested $590m in struggling Citibank (now Citigroup) in 1991; stake is now worth billions
• Has stakes in Disney, 21st Century Fox, News Corp, Apple, GM, Twitter, and a string of hotel chains and luxury hotels, including New York's Plaza Hotel and the George V in Paris
• Considered Westernized and progressive on most issues. Champions women's rights - most of his staff are women
• Owns a 371-room, 42,700 sq m (460,000 sq ft) palace in Riyadh, a Boeing 747-400 and an A380, and an 85m super yacht
• Established Alwaleed Bin Talal Foundations across world to offer valuable humanitarian, educational and social assistance

 So I tried to use my calculator to get $32b in naira using the 230naira per dollar margin but my calculator ran out of figures. but it is about 7trillion in Naira*eye-popping cash*

other rich prince and men in Nigeria can do same.....

 

 

 Source: BBC