I think this is one of the biggest charity, given by a single person, Is any one else who game more than this?
Prince Alwaleed bin Talal says his pledge is modelled on The Bill and Melinda Gates Foundation in the US.
Saudi Arabia's billionaire Prince Alwaleed bin Talal has pledged his entire $32bn fortune to charitable projects over the coming years.
The prince said in a statement that the "philanthropic pledge will help build bridges to foster cultural understanding, develop communities, empower women, enable youth, provide vital disaster relief and create a more tolerant and accepting world".
The donation "will be allocated according to a well-devised plan throughout the coming years", he said, but stressed there was no time limit for the donation to be spent.
Alwaleed said he would head a board of trustees tasked with spending the funds, adding the pledge would still be used after his death "for humanitarian projects and initiatives".
At a press conference, he said his pledge was modelled on The Bill and Melinda Gates Foundation in the US.
Reed more here: http://www.aljazeera.com/news/2015/07/saudi-prince-alwaleed-pledges-32bn-charity-150701133400792.html
