The Presidential Daily Brief


  1. Prince Alwaleed Pledges to Give Away Fortune

    Prince Alwaleed bin Talal to Donate $32B Fortune

    What a royal gain. The Saudi prince — and world’s 20th richest person — plans to give away his sizable wealth.  Alwaleed, 60, is the chief executive of the Kingdom Holding Company, which invests in industries as varied as oil, media and aviation, and he’s vowing to follow in the philanthropic footsteps of business giants Bill Gates and Warren Buffett. Yesterday, the prince pledged to use his money in the coming years to fight disease, build new schools and “create a more tolerant and accepting world.”

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