Malik Riaz pledges 75 percent of his assets to the poor flood affecties

CHITRAL: Pakistan’s top real estate entrepreneur and one of the richest persons in the country, Malik Riaz, has pledged 75 percent of his assets amounting to over two billion dollars for the rehabilitation of the flood affected poor people of Pakistan. The entrepreneur said this in an interview with CNN. He has though rightly expressed his apprehensions that bulk of donated money goes into different pockets and little reaches the people who it is intended for.

Many may have negative opinions about the real estate giant regarding the means he has used to reach the position, quoting the old adage “behind every great fortune lies a great crime”, but the fact that he has pledged so much of his assets to the poor cannot but be appreciated.

.. CN report, 19 Sep 2022

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