Article July 16, 1990 Issue

POSITIVE PRESS

The Globe and Mail

"A nearly unknown West Vancouver businessman is giving away 23 luxury apartment buildings valued at $100-million to create a charitable foundation to help the sick, homeless and aged in underdeveloped countries....

" 'I've seen a lot of poverty and I've seen a lot of suffering, and how much money does a person need?' [Stephen] Sander said in an interview ....

"Mr. Sander ... said the high-rises represent virtually all the riches he has acquired since arriving in Canada [from Pakistan] nearly 30 years ago....

" 'I will have to work for a living, that's all.' ...

"Asked why he would do it, Mr. Sander, a Sikh, referred to the Bible. 'There's a saying about what good would it do if you were to acquire the world and lose your soul,' he said."

Reprinted with permission.

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