Saudi prince to donate $32bn fortune to charity
July 03, 2015  03:57
Saudi Arabian billionaire Prince Alwaleed bin Talal has said he will donate his $32 billion (Rs 2 lakh crore) personal fortune to charity.

The 60-year-old nephew of King Salman is one of the world's richest people.

He said he had been inspired by the Gates Foundation, set up by Bill and Melinda Gates in 1997.

The money would be used to "foster cultural understanding", "empower women", and "provide vital disaster relief", among other things, he said.

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