Prince Alwaleed Bin Talal Alsaud Net Worth is$13.3 Billion
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Date of Birth: 1955
Prince Alwaleed Bin Talal Alsaud is a stock and real estate investor from Saudi Arabia with an estimated net worth of $13.3 billion dollars. Prince Alwaleed Bin Talal Alsaud is the nephew of King Abdullah, and, consequently, a member of the Saudi Royal Family, though he has very little actual political power.
Al Waleed Bin Talal (also spelled Waleed bin Talal) (Arabic: ?????? ?? ???? ?? ??? ?????? ?? ?????) is a Saudi Arabian business tycoon and investor. He is a member of the Saudi royal family.
He is founder, CEO and 95%-owner of Kingdom Holding Company. As of March 2012, his personal wealth is estimated to be US$ 18 billion.
Al Waleed bin Talal was born on March 7, 1955. His parents are Prince Talal bin Abdul-Aziz and Mona El Solh, daughter of Riad as-Solh, Lebanon's first Prime Minister. He is Prince Talal's second son.
Al Waleed received a Bachelors of Science degree in Business Administration from Menlo College in California in 1979. He then received a Master's of Social Science with honors from Syracuse University in 1985.
Al Waleed began his business career in 1979 upon graduation from Menlo College. His activities as an investor came to prominence when he bought a substantial tranche of shares in Citicorp in the 1990s when that firm was in crisis. With an initial investment of $550 million ($2.98 a share after adjusting for stock splits, acquisitions and spin-offs, according to Bloomberg calculations) to bail out Citibank caused by underperforming American real estate loans and Latin American businesses, his holdings in Citigroup now comprise for about $1 billion. His investments in Citigroup earned him the title of "Arabian Warren Buffett".
In 1997, Time Magazine reported that Al Waleed owned about 5 percent of News Corporation. By 2010 Alwaleed's stake in News Corp. was a stake of about 7% worth $3Bn; and News Corp. had a $70 million (9%) investment in Al Waleed's Rotana Group, the Arab World's largest entertainment company. This review of his holdings also referred to the Al Waleed investment AOL as if it was perhaps in the past.
His stake in Citibank once accounted for approximately half of his wealth, prior to the recent financial crisis. At the end of 1990, he bought 4.9 percent of Citicorp's existing common shares for $207 million ($12.4

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Prince Alwaleed Bin Talal Alsaud Latest News

Prince Alwaleed remains richest Arab: Forbes

Emirati billionaires are worth a combined $22 billion. The top 10 Arab billionaires are: Prince Alwaleed bin Talal Al Saud ($18.7bn – Saudi Arabia); Majid Al Futtaim and family ($10.6bn – UAE); Mohammed Al Amoudi ($8.1bn – Saudi Arabia); Abdulla bin ...
Posted: April 13, 2017, 1:41 am

A complete guide to the most sensational Saudi princes

Among them was billionaire Prince Alwaleed bin Talal, who made his considerable fortune ... but few members of the royal family flaunt their tats on Instagram. Prince Fahad bin Faisal Al Saud is the exception to the rule. His social-media hub features ...
Posted: December 9, 2017, 6:13 am

Recent Arrests Clear Way for Reform of Saudi Arabia and Its US Ties

The recently-arrested Saudi Prince Alwaleed bin Talal speaks during a May 11 press conference in the Red Sea city of Jeddah. (Amer Hilabi/AFP/Getty Images) In March 2009, Alwaleed’s father, Talal bin Abdulaziz al-Saud, began publicly questioning Saudi ...
Posted: December 14, 2017, 8:32 am
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