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#fortune

Saudi Arabian billionaire – and nephew of the late King Abdullah – Prince Alwaleed bin Talal has announced his intention to donate his the entirety of his $32 billion wealth to philanthropic causes over the next few years. The 60 year-old prince said he would donate the money through his organisation Alwaleed Philanthropies. The money will then go to a variety of causes including healthcare, modernisation, intercultural understanding, eradicating disease and empowering women. “This donation will be allocated according to…