Posted on 07/01/2015 12:53:28 PM PDT by the scotsman
'A Saudi Arabian billionaire is planning on giving his entire $32billion (£20bn) fortune to charity.
Prince Alwaleed bin Talal, one of the richest men in the world, said he wants to donate to groups that promote health and help with disaster relief.
The 60-year-old will also support women's charities and those that look towards eradicating disease.
He did not say whether the generous move would have any impact on his holdings.
Mr bin Talal is the grandson of Saudi Arabia's founder Ibn Saud. He is said to have started his business empire with a $30,000 (£19,000) gift from his father and a $300,000 (£191,000) loan. By 2005 he was worth $10bn (£6.4bn) and had earned the nickname 'Buffett of Arabia' after American business magnate Warren Buffett.
His investments include London's Savoy Hotel, Apple, Citigroup and News Corp.'
(Excerpt) Read more at dailymail.co.uk ...
The Clinton Foundation
It is extremely difficult to simply give that much money away, it would be necessary to find some way to squander it on a grand scale.
Like finance the campaign of Herself, Madame Benghazi, the Cold & Joyless, for some mysterious office, the importance of which Herself cannot begin to understand.
Hillary:” Serious dough.....I want it A L L !!!! “
Smoke and mirrors. It’s all going to ISIS.
Well, he could give the GREEKS some of that money, and of course Puerto Rico and the rest of those countries that are on the verge of being bankrupt. I’m sure that should he do this, one of those countries would crown him king.
No kidding, if he gave away a dollar a second, it would take over a thousand years to go through it all.
I was hoping the United States Treasury.....that would get us a couple days of interest anyway.
Some of that money really wouldn't make much difference, their debt is more than 11 times as large as the total.
Besides, you don't help a junky by giving him more dope.
“Smoke and mirrors. Its all going to ISIS.”
Bingo.
Evita has to be salivating
Naw, they would squander it and be back where they started in a month.
They’d just spend it............
“Mr bin Talal is the grandson of Saudi Arabia’s founder Ibn Saud.”
Dat be da feller who ran the King of Jordan’s grandpa out of arabia calling him/them Hashemite scum ????
one mans charity may be anothers terrorist organization there moosie
“Prince Alwaleed bin Talal, one of the richest men in the world, said he wants to donate to groups that promote health and help with disaster relief.
The 60-year-old will also support women’s charities and those that look towards eradicating disease.
“
I believe in all that stuff. Where’s my cut?
hillary? is that you?
This would be the only worthy cause worth supporting, IMO. No, it’s not about environmentalism. That’s only cover. It’s about open source equipment design and rebuilding civilization.
Ooops, I almost forgot, these Saudis are dealing with liberals, socialists and communists in Greece. What will probably happen, when and if these Greek politicians get some money, they’d deposit it in Switzerland and bail out on the Greeks. They, these politicians, probably have that covered. If Greece goes completely south, they’ll just bail out and spend the rest of their lives in luxury, while the stupid Greeks that voted them in starve to death.
Like contract Chelsea Mezvinsky for a few 1/2 hr speeches, that'll do it!
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