From Charity to Philanthropy to Impact Investment

credit: Wikimedia Commons

One of Pakistan's richest men is giving away his entire fortune to help the country's poor.

Per the Daily Pakistan, 61-year-old Muhammad Aslam Khan is giving away his entire fortuneestimated to be in the ballpark of $100 millionto three charities: Pakistan's Children's Foundation, Pakistan's Foundation for Development of Children, and Pakistan's Global Fund for Women's Advancement.

"I am giving away my entire family's wealth," Khan tells the Daily Pakistan.

"I am giving away everything I have.

I am giving away everything I have because I have a responsibility to give back to the society in which I live," adds Khan, whose family's fortune is believed to be in the neighborhood of $1.5 billion.

He says he's giving away most of his shares in his family's fertilizer company, Pakistan State Fertilizers, as well as his shares in a number of other companies.

Khan says he's giving away most of his shares in his family's Internet company, Pakistan Global Television Network, as well as his shares in a number of other companies.

He says he's giving away most of his shares in his family's real estate company, Pakistan Global Partners, as well as

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