It has to be fun to be able to make outrageous sounding offers to buy entire islands and start new countries and actually have the cash to maybe back it up.

Egyptian telecom tycoon Naguib Sawiris, who's reportedly worth $3 billion, says he wants to buy an island for the thousands of refugees facing terrible danger as they flee from war in Syria and other places. 

Thousands of refugees have already died this year trying to make the dangerous journey to Europe by sea. Others have died while trying to make the journey by land, entrusting their lives to human smugglers.

According to AFP, Sawiris backed up the plan he first announced on Twitter during a TV interview and later said "Of course it's feasible." 

"You have dozens of islands which are deserted and could accommodate hundreds of thousands of refugees," Sawiris told AFP. "The way they are being treated now, they are being treated like cattle."

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