Egyptian Billionaire Wants to Buy an Island for Refugees (Links)
Moved to action by the photo of lifeless three-year-old refugee Aylan Kurdi washed ashore on a beach earlier this month, Egyptian billionaire Naguib Sawiris intends to purchase a Mediterranean island to provide a safe haven for refugees. He would name the refuge “Aylan Island.” You can listen to him talk about it at the CNN link below.
Naguib Sawiris, one of the region’s wealthiest men, said he has identified two privately owned Greek islands that would be well-suited for the project. “We have corresponded with their owners and expressed our interest to go into negotiation with them,” Sawiris said in a statement… ~ Ivana Kottasova, CNN Money
While acknowledging that he is willing to spend up to $200 million on the purchase, the TV tycoon praised the strong response from volunteers and investors that are willing to help the noble cause. “I have got around 10,000 emails. Many people said they would volunteer to come and help me build this city, I have two people saying they want to donate $10m and so on,” he said. ~ RT
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