Saudi prince and business magnate, Al-waheed bin Talal, the world’s 20th richest person, is giving £28 billion pounds to charity.
The 60 year old shareholder in Citigroup and 21st century fox, and the owner of Kingdom Holding Company, hopes his donation will build a ‘better world of tolerance, equality and opportunity for all’.
He adds that he hopes to build bridges to foster cultural understanding, develop communities, empower women, youth, provide vital disaster relief and create a more tolerant and accepting world.