Hopefully he uses his money to perform righteous charities and help the less fortunate Insha'Allah...
Controversial donation after the September 11 attacks
Immediately after the September 11 attacks, Al Waleed gave a check of $10 million to New York City Mayor Rudy Giuliani. He publicized a written statement upon his donation, stating "At times like this, we must address some of the issues that led to such a criminal attack. I believe the government of the United States of America should re-examine its policies in the Middle East and adopt a more balanced stance toward the Palestinian cause." As a result of his statement, Giuliani returned the check.
Al Waleed spoke to a Saudi weekly magazine, regarding the rejection of his check by the mayor: "The whole issue is that I spoke about their position [on the Middle East conflict] and they didn’t like it because there are Jewish pressures and they are afraid of them."
Palestinians
In 2002, Al Waleed donated £18.5 million to the families of Palestinians during a TV telethon following Israeli operations in the West Bank city of Jenin. The telethon was ordered by Saudi King Fahd to help relatives of Palestinian martyrs. The Saudi government maintained the term "martyrs" referred not to suicide bombers but to "Palestinians [who are] victimized by Israeli terror and violence."
Phillips Academy
In 2002, Al Waleed donated $500,000 to help fund the George Herbert Walker Bush Scholarship at Phillips Academy in Andover, Massachusetts.
2004 Indian Ocean earthquake
In 2004, Al Waleed contributed $17 million to victims of the 2004 Indian Ocean earthquake and tsunami.[26]
Western Universities
On 8 May 2008, he gave £16m to Edinburgh University to fund the "centre for the study of Islam in the contemporary world."