{"id":5117,"date":"2015-07-01T18:50:45","date_gmt":"2015-07-01T17:50:45","guid":{"rendered":"http:\/\/english.thesunrisetoday.com\/?p=5117"},"modified":"2015-07-01T18:50:45","modified_gmt":"2015-07-01T17:50:45","slug":"saudi-prince-alwaleed-pledges-entire-32-billion-fortune-to-charity","status":"publish","type":"post","link":"https:\/\/english.thesunrisetoday.com\/index.php\/saudi-prince-alwaleed-pledges-entire-32-billion-fortune-to-charity\/","title":{"rendered":"Saudi Prince Alwaleed pledges entire $32 billion fortune to charity"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"http:\/\/english.thesunrisetoday.com\/wp-content\/uploads\/2014\/05\/Prince-Walid.jpg\"><img loading=\"lazy\" class=\"alignleft  wp-image-1896\" src=\"http:\/\/english.thesunrisetoday.com\/wp-content\/uploads\/2014\/05\/Prince-Walid.jpg\" alt=\"Prince Walid\" width=\"347\" height=\"208\" srcset=\"https:\/\/english.thesunrisetoday.com\/wp-content\/uploads\/2014\/05\/Prince-Walid.jpg 434w, https:\/\/english.thesunrisetoday.com\/wp-content\/uploads\/2014\/05\/Prince-Walid-300x180.jpg 300w\" sizes=\"(max-width: 347px) 100vw, 347px\" \/><\/a>Saudi Arabia\u2019s billionaire Prince Alwaleed bin Talal on Wednesday pledged his entire $32-billion fortune to charitable projects over the coming years.<br \/>\nThe prince said in a statement that the \u201cphilanthropic 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.\u201d<br \/>\nHe said the donation \u201cwill be allocated according to a well-devised plan throughout the coming years\u201d but stressed there was no time limit on when the donation would be spent.<br \/>\nAlwaleed said he would head a board of trustees tasked with spending the money, adding that his pledge would still be used after his death \u201cfor humanitarian projects and initiatives\u201d.<br \/>\nThe magnate belongs to the Saudi Royal family and is a nephew of the late King Abdullah bin Abdulaziz Al Saud.<br \/>\nAlwaleed, who holds no government rank, is unusual for his high profile and periodic comments about economic issues.<br \/>\nAt a press conference, he said his pledge was modelled on the Bill and Melinda Gates Foundation and other philanthropic funds in the United States.<br \/>\n\u201cThis is very much separate from my ownership in Kingdom Holding,\u201d Alwaleed told reporters on the 66th-floor headquarters of the publicly listed company which he chairs.<br \/>\nAs well as media investments, Kingdom Holding has interests ranging from the Euro Disney theme park to Four Seasons hotels and Citigroup.<\/p>\n<div id=\"fb-root\"><\/div>\r\n<script>(function(d, s, id) {\r\n  var js, fjs = d.getElementsByTagName(s)[0];\r\n  if (d.getElementById(id)) return;\r\n  js = d.createElement(s); js.id = id;\r\n  js.src = \"\/\/connect.facebook.net\/en_GB\/all.js#xfbml=1\";\r\n  fjs.parentNode.insertBefore(js, fjs);\r\n}(document, \"script\", \"facebook-jssdk\"));<\/script>\r\n <fb:comments href=\"https:\/\/english.thesunrisetoday.com\/index.php\/saudi-prince-alwaleed-pledges-entire-32-billion-fortune-to-charity\/\" font=\"arial\" num_posts=\"\" width=\"\" height=\"\" colorscheme=\"light\"  style=\"background:#FFFFFF;padding-top:0px;\r\npadding-right:0px;\r\npadding-bottom:0px;\r\npadding-left:0px;\r\nmargin-top:0px;\r\nmargin-right:0px;\r\nmargin-bottom:0px;\r\nmargin-left:0px;\r\n\"><\/fb:comments>","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia\u2019s billionaire Prince Alwaleed bin Talal on Wednesday pledged his entire $32-billion fortune to charitable projects over the coming years. The prince said in a statement that the \u201cphilanthropic 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 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts\/5117"}],"collection":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=5117"}],"version-history":[{"count":1,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts\/5117\/revisions"}],"predecessor-version":[{"id":5118,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts\/5117\/revisions\/5118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/media\/1896"}],"wp:attachment":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=5117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=5117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=5117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}