Prince Al-Waleed Bin Talal al Saud Net Worth: $24 Billion
Prince Al-Waleed Bin Talal al Saud was born on March 7, 1955. His father is Prince Talal, the finance minister of Saudi Arabia in the 1960s, and his mother is Riah Al Solh’s daughter, Mona Al Solh. He was born in Jeddah but when his parents separated, he relocated to Lebanon with his mother. He learned the value of discipline, which he continues to observe, when he attended Riyadh’s military school. In 1979, Al-Waleed studied at Menlo College in California and earned a degree in business administration. Later in 1985, he had his master’s degree in the social sciences from Syracuse University, where he graduated with honors. With $24 billion in net worth as of 2015, Prince Al-Waleed Bin Talal al Saud is the “Arabian Warren Buffet” and is listed as the 34th richest man today.
How did Prince Al-Waleed Bin Talal al Saud make his money?
This Saudi Arabian prince is a business tycoon who earns his wealth mainly from investments. One of his biggest businesses is the Kingdom Holding Company, where aside from being the founder and CEO, he owns 95 percent of it. Earning over $18 billion, this company under Global 2000 has focused in investments that include petrochemicals, financial and banking services, retail, aviation, technology, hotel management, entertainment and mass media, real estate, and agriculture. Al-Waleed is also a main shareholder for Citigroup and 21st Century Fox Corporation. Furthermore, he owns several 5-star hotels, including Plaza Hotel and Four Seasons Hotel George V in Paris. All these contribute to his total net worth.