Kwik Save philanthropist to receive a papal knighthood
THE VATICAN has honoured Kwik Save founder Albert Gubay with a papal knighthood after the businessman has promised hundreds of millions of pounds to good causes.
Mr Gubay will receive his award from Archbishop Vincent Nichols of Westminster at St Anthony’s Church in Onchan on the Isle of Man on February 23. The Rhyl-born billionaire, 83, said he was “humbled” by the award.
Last year Mr Gubay revealed that he arranged that profits from his business empire to be distributed each year to charitable causes.
Half of his money, from his £1billion fund, goes to causes identified by the Church, with the other half to go to other good causes.