An Egyptian Billionaire Explains His Plan To Buy An Island For Refugees

An Egyptian billionaire provided new details about his plan to buy an island to receive hundreds of thousands of refugees from Syria and other conflict-ridden nations, in an interview that will air on CNN Sunday.

Naguib Sawiris, who as CEO of the Cairo-based Orascom Telecom Media and Technology is believed to be worth at least $2.9 billion, spoke on an episode of "Fareed Zakaria GPS" that will air Sunday.