The Stelios Philanthropic Foundation’s 12th annual charity fundraiser in Monaco has raised an incredible €600,000 for the Prince Albert II of Monaco Foundation and World Wildlife Fund. Prince Albert and Dr. Adil Najam, the president of World Wildlife Fund International, both attended the event and were on hand to accept the generous donation in the form of a cheque signed by the Greek Cypriot entrepreneur.

The Stelios Philanthropic Foundation held its 12th annual event in the Principality on 25th October. The exclusive charity-focused gathering brought together local philanthropists and supporters of the foundation, including Yin Fei Hu of Anna Hu Haute Joaillerie, Gérald Mathieu of Barclays, Alberto Vitale of VITALE 1913, representatives from Charriol Swiss and Linton Estate 1835, and renowned London-based wildlife photographer Nima Sarikhani.

Monaco’s sovereign, Prince Albert, was also among the event’s VIPs, alongside Dr. Adil Najam, the president of World Wildlife Fund International. The two delivered speeches during the course of the event and were photographed accepting a cheque for €600,000.

The funds will be shared between the Prince Albert II of Monaco Foundation and the World Wildlife Fund, both of which are spearheading projects to protect threatened seagrass meadows in Greece and across the Mediterranean.

Although these meadows cover only a small fraction of the seabed, they play a vital role in environmental preservation by capturing up to a third of the carbon sequestered annually on the seafloor. They also act as natural barriers against coastal erosion and are home to 20% of the Mediterranean’s species.

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Prince Edward honoured with €102,000 donation from Stelios Foundation in Monaco

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Photo courtesy of the Stelios Philanthropic Foundation