Net Worth: | $16.5 Billion |
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Date of Birth: | March 7, 1955 (69 years old) |
Gender: | Male |
Profession: | Businessperson |
Nationality: | Saudi Arabia |
What is Prince Alwaleed Bin Talal’s net worth? How does Prince Alwaleed Bin Talal make his money? Below is the current net worth of Prince Alwaleed Bin Talal and how Prince Alwaleed Bin Talal makes his money.
What is Prince Alwaleed Bin Talal’s Net Worth?
Prince Alwaleed Bin Talal is a Saudi Arabian Humanitarian, business mogul, royal, and investor who has a net worth of $16.5 billion. He was listed in the Time 100 in 2008, a list of the 100 most important humans on the earth published yearly by Time magazine.
Both Abdulaziz, the first king of Saudi Arabia, and Riad Al Solh, the very first prime minister of Lebanon, are directly sprung from Al Waleed. The founder, CEO, and majority stakeholder of the business is Al Waleed.
The Kingdom Holding Company invests in businesses in a variety of industries, including finance, property investment, agribusiness, petrochemicals, tourism and hospitality, media, recreation, retail, and travel.
The corporation received more than $18 billion in investments in 2013. In contrast to controlling the Four Seasons Hotel George V in Paris and a piece of the Plaza Hotel, he also has a modest position in Zaveriwala Holdings LLC.
The “Arabian Warren Buffett” is how Time has described him. With a net worth of $39.8 billion, Al Waleed was ranked seventh on the Forbes list of the world’s wealthiest individuals in November 2017.
Al Waleed and other prominent Saudis were detained on November 4, 2017, as a consequence of an investigation that the Saudi authorities described as an anti-corruption drive. These included fellow millionaires Waleed bin Ibrahim Al Ibrahim and Saleh Abdullah Kamel, who need special attention.
Al Waleed is suspected of taking kickbacks, money laundering, and acts of blackmail against the government. The Ritz-Carlton in Riyadh has been housing some of the captives ever since. Al Waleed was held for more than three months before being released on January 27, 2018, maybe as an outcome of a financial deal.
Leading to a shortage of current data, he was taken off the list of the richest billionaires on the planet in March 2018. In the period from 2013 and 2021, Gulf Business listed him among the “Top 100 most influential Arabs.”
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