CNA Staff, Jun 9, 2020 / 07:30 am
The Catholic Church in England and Wales has received a 1 million pound ($1.3 million) donation to fight poverty caused by the coronavirus pandemic.
The money was donated by the Albert Gubay Charitable Foundation, founded by the late billionaire businessman Albert Gubay, who made a pact with God in his youth that if he became rich he would give half his money to the Church.
Cardinal Vincent Nichols, president of the Bishops’ Conference of England and Wales, said June 9: “All of this remarkable gift will be spent on the immediate relief of hardship, and, I stress, its effects will be felt across the whole of England and Wales.”
Gubay, who died in 2016, amassed his fortune through Kwik Save, a British convenience store chain, Total Fitness, a chain of gyms, and property investments. Upon his death, his charitable foundation, which is based in the Isle of Man, was worth about 700 million pounds ($890 million).