Prince Al Waleed Bin Talal Alsaud is a prominent Saudi businessman, investor, and philanthropist, known for his extensive investments across various sectors globally. As a member of the Saudi royal family, he has built a substantial fortune through his company, Kingdom Holding Company, which has stakes in luxury hotels, real estate, and numerous publicly traded companies.
What is Prince Al Waleed Bin Talal Alsaud Net Worth?
Prince Al Waleed’s net worth is $19 Billion, according to various sources. This figure reflects his status as one of the wealthiest individuals in Saudi Arabia and the world. His wealth peaked around $36 billion in 2014, making him one of the top ten richest people globally at that time.
Al Waleed’s financial journey began in 1979 with a modest loan of $30,000 from his father, which he used to establish his business empire.
Over the years, he has made significant investments in various sectors, including:
Banking and Financial Services: He is known for his early investment in Citigroup, where he acquired a 5% stake during a financial crisis, and has maintained a significant interest in the bank ever since.
Real Estate: His portfolio includes luxury hotels like the Four Seasons Hotel in Paris and the Plaza Hotel in New York. He also owns stakes in the Savoy Hotel in London and the Monte Carlo Grand Hotel.
Media and Technology: Al Waleed has invested in major companies such as News Corporation, Apple Inc., and X (Formerly know as Twitter). His investment strategy often focuses on high-profile brands and emerging technologies.
Philanthropy: Beyond his business ventures, Prince Al Waleed is known for his philanthropic efforts through Alwaleed Philanthropies, which has donated over $4 billion to various causes globally, reaching more than a billion beneficiaries.
