Prince Alwaleed Bin Talal Alsaud Net Worth
Prince Alwaleed Bin Talal Alsaud Net Worth: Prince Alwaleed Bin Talal Alsaud is a Saudi business magnate, investor and philanthropist who has a net worth of $20 billion. Prince Alwaleed "Al" Bin Talal Alsaud was born March 7, 1955 in Riyadh, Saudi Arabia. He is a member of the Saudi royal family and was listed as one of Time magazine's Time 100, an annual list of the hundred most influential people in the world in 2008. Waleed is the nephew of Saudi King Abdullah, the grandson of Ibn Saud, the first Saudi king, and the grandson of Riad Al Solh, Lebanon's first Prime Minister. Al-Waleed is the founder, CEO and 95 percent-owner of the Kingdom Holding Company, a Forbes Global 2000 company with investments in companies within various sectors such as banking and financial services, hotels and hotel management companies, mass media, entertainment, retail, agriculture, petrochemicals, aviation, technology and real estate. Waleed is also Citigroup's largest individual shareholder, the second-largest voting shareholder in News Corporation and he owns Paris' Four Seasons Hotel George V as well as part of Plaza Hotel. Time Magazine labeled the prince the "Arabian Warren Buffett."
Net Worth details: Prince Alwaleed owns a 95 percent stake in Kingdom Holding and is invested in real estate, media, stocks, aircraft, and private equity. Al Saud owns an amazing 420 room palace and owns other residences and the top three floors of Kingdom Tower. Altogether his properties are worth more than $4.5 billion. Alwaleed owns 80.5 percent of television broadcaster Rotana which is worth over a billion dollars. He also owns more than 30 million Twitter shares.