Prince Alwaleed Bin Talal Alsaud Net Worth

Prince Alwaleed Bin Talal Alsaud Net Worth $20 Billion

Al Waleed bin Talal bin Abdulaziz al Saud is a businessman, member of the royal family of Saudi Arabia, an inventor and the CEO founder and majority owner of the Kingdom Holding Company. Arabian Business considers him the most influential Arab in the world. He ranks as the 17th-richest person in the world (Bloomberg Billionaires, 2013) with a net worth of $30 billion. 

prince alwaleed

He became prominent as an investor, when he bought shares in Citicorp in the 1990’s when the firm was in a financial crisis (buying 4.9% of Citicorp’s existing common shares for $207 million). He also made a huge investment of $550 million to bail out Citibank and now his holdings in Citigroup sum up to $1 billion. Time Magazine also reported in 1997 that this Arabian businessman owned about 5% of News Corporation and that his stake in the company was about 7%, which was worth $3 billion in 2010. 

Al Waleed bin Talal

Online business newspaper, The Economist expressed doubts about the source of income of Prince Al Waleed and questioned his business credibility. They accused Al Waleed of being a front man for many other Saudi investors. He is just a savvy businessman that has made some excellent investments. Al Waleed has even made investments in technology giants, such as Apple Inc., AOL, MCI Inc., Motorola, and mainstream media companies like Fox News. Still, he sold his shares in Apple in 2005 and invested in Kodak and TWA (the airline), which were bad decisions and poor investments. But his real estate holdings are “holding up”. He owns shares in the Plaza Hotel in New York, the Four Seasons hotel chain, Monaco's Monte Carlo Grand Hotel and London's Savoy Hotel. He also holds 10% of the shares of Euro Disney SCA (a company that owns and maintains Disneyland Paris, in Marne-la-Vallee). According to Forbes, Prince Alwaleed has a net worth of $20 billion.

Return from Prince Alwaleed Bin Talal Alsaud Net Worth to Richest Royals

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)