Sultan Bin Mohammed Bin Saud Al Kabeer Net Worth is$2.6 Billion
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Prince Sultan bin Mohammed bin Saud Al Kabeer net worth: Prince Sultan bin Mohammed bin Saud Al Kabeer is the member of the Saudi Royal family who has a net worth of $2.6 billion. Apart from being the 12th son of King Abdulaziz and Saudi Arabia's Crowned Prince, from 2005 to 2011, Al Kabeer is also known for the establishment of dairy company Almarai in 1977. He owns almost 29% of the company that went public in 2005. In order to feed his herd of Holstein cows, his main source of milk, Al Kabeer bought an Argentine farm operator that produces barley, maize and wheat in 2011. He also raises around 100 studs at a farm near Riydah, according to the Breeder's Cup horse racing organization.
Sultan bin Abdulaziz Al Saud (30 December 1930 a?? 22 October 2011) (Arabic: ??U?????U? ??U? ????????U?????U??? ??U? ????U???a??), called Sultan al-Khair (Arabic: ??U?????U? ??U??(R)U???, Sultan of goodness) in Saudi Arabia was the Crown Prince of Saudi Arabia from 2005 to 2011.
Sultan was born in Riyadh in 1930. He was the 12th son of King Abdulaziz and his mother was Hassa bint Ahmed Al Sudairi. He was the second of Sudairi Seven. Prince Sultan, along with many of his brothers, received his early education in religion, modern culture, and diplomacy at the royal court.
His career in public service began in 1940 when he was made a deputy to then Riyadh governor or emir, Prince Nasser. In 1947, Prince Sultan replaced Prince Nasser as governor of Riyadh. Prince Sultan also assisted King Abdulaziz's attempts to establish a national administrative system based on the Islamic Sharia law during this period. In 1947, Prince Sultan oversaw ARAMCO's construction of the Kingdom's rail link between Dammam and Riyadh. He was appointed as the kingdoma??s first minister of agriculture in 1953 and minister of transport in 1955.
Although his direct military experience was brief, heading the Royal Guard in Riyadh in the early 1950s, he felt a lifelong connection to the military and the cause of Saudi independence from an early age. Major General Carl Von Horn, Swedish commander of the UN observer mission during the Yemeni civil war, described the Prince Sultan as "a volatile and emotional young man" in the early days.
In 1963, King Faisal appointed Prince Sultan as minister of defense and aviation. He presided over the development of the Saudi armed forces. During the reign of King Faisal, Prince Sultan was particularly interested in Yemen. His influence declined under the reign of King Khalid.
Sultan purchased U.S. tanks, fighter planes, missiles and AWACS (airborne warning and control systems). However, as a result of problems assimilating technology within its arm

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Video: UAE leaders attend National Day celebration in Abu Dhabi

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Posted: December 3, 2017, 5:40 am

Zain Saudi appoints new chairman

Zain Saudi, the kingdom's third-biggest telecommunications operator, has appointed Prince Naif bin Sultan bin Mohammed bin Saud Al Kabeer as chairman. The prince will replace Farhan bin Naif Al-Jarbaa, who submitted his resignation on October 11 ...
Posted: October 22, 2015, 1:33 am
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