HRH Prince Alwaleed Bin Talal Saud pledges to donate his entire $32 billion wealth to charity.
Ramadan has always been a philanthropic time and this year is no exception. In his announcement, Prince Alwaleed said that with this pledge he was honouring his life-long commitment to helping to build a more peaceful, sustainable and equitable world.
“More collaborative efforts are required from all capable individuals to unify their stand in the effort to alleviate poverty in the most deprived communities,” said Prince Alwaleed.
Ranked by Wealth-X as the 14 th richest self-made billionaire in the world, Prince Alwaleed’s fortune will go to the Alwaleed Bin Talal Foundations, dedicated to supporting global cultural understanding, disaster recovery, women’s empowerment, and community development projects in Saudi Arabia, Lebanon, and around the world.