Albert Gubay Charity Foundation to Generate £20 Million per Year
Island based tycoon Albert Gubay has announced what he wants to do with his money when he passes away.
The Welshman who has appeared in the Sunday Times rich-list is responsible for the Kwik-Save shopping chain. Upon his death he’s pledged half of his fortune to the Church, the other amount he is pouring into a Charity he is setting up which will endeavour to benefit the Isle of Man.
The Albert Gubay Charitable Foundation will generate an estimated £20 million a year for on Island Charities, when fully funded it could be worth £1 billion.
Now at the age of 82 Mr Gubay shows no signs of slowing down saying his ambition is to work hard over the coming years to ensure it reaches it’s £1 billion target.
For further information contact the Chairman of the Foundation John Nugent on 652002, or on john.nugent@westiom.com
Road closures for Manx Motor Racing Club from next week
Dinner event raises over £3,600 for brain tumour charity
Man admits to assaulting police officer before Court
Ramsey's Roisin in the semi-finals of BBC One show
Help needed to care for birds at Nobles Hospital's aviary
Nearly two tonnes of meat thrown away so far this month at meat plant
ITV show featuring Samantha Barks won't return for second series
Douglas man who assaulted victim in own garden appears in Court
