................Billionaire Bios.


Bio Number

0019
Name Prince Alwaleed Bin Talal Alsaud
Net Worth (7 March 2012) US$18.0 billion
Citizenship Saudi Arabia
Residence Saudi Arabia (Riyadh)
Inherited / Self-made

Self-made

Industry Investments
Source Kingdom Holding
Occupation Chairman and CEO
(Kingdom Holding)
Trivia

Nephew of the Saudi king. Born to Prince Talal, son of the founding King of Saudi Arabia, Abdul Aziz Al Saud, and Princess Mona El-Solh, daughter of Riad El-Solh, the first Prime Minister of modern day Lebanon and a leader of Lebanese independence.

Kingdom Holding contains his investments in well-known companies such as Citigroup and News Corp., as well as Four Seasons Hotels and Fairmont Hotel management companies.

In the early 1990s, Alwaleed made a risky bet on Citigroup that paid off hugely; in recent years it accounted for nearly half his fortune.

In July 2005, he donated $20 million to the Louvre Museum, the largest gift ever to the museum. It will help to fund the construction of a wing for the Louvre's vast collection of Islamic art.

Nicknamed by Time magazine as the Arabian Warren Buffett.

He has ordered a new yacht currently known as the New Kingdom 5KR which will be about 170m long and will costs $500+ million.

He owns 300 cars.

Airbus confirmed that Al-Walid, already owner of a Boeing 747 jet converted to private use, had ordered an Airbus A380, the world's largest passenger aircraft. Outfitted for private use, the aircraft is to be delivered in 2010.

Al-Waleed and his children live in a $100 million sand-colored palace whose 317 rooms are adorned with 1,500 tons of Italian marble, silk oriental carpets, gold-plated faucets and 250 TV sets. Their royal highnesses can swim in a lagoon-shaped pool, or catch a film in the 45-seat basement cinema.

Age / Date of Birth 57yo (born March 7, 1955)
Gender Male
Education

1. Menlo College, Bachelor of Arts / Science

2. Syracuse University, Master of Science

Marital Status

1. Married to Princess Dalal bint Saud bin Abdul Aziz (his cousin) - divorced.

2. Married to ?- divorced.

3. Married to ?- divorced.

4. Married 2006-current to Princess Ameera.

Children

1. Prince Khaled bin al-Walid (son of Princess Dalal)

2. Princess Reem bint al-Walid (daughter of Princess Dalal)

Net Worth (2012) / Rankings $18.0 billion (Saudi Arabia #1; World #29)
Net Worth (2011) / Rankings $19.6 billion (Saudi Arabia #1; World #26)
Net Worth (2010) / Rankings $19.4 billion (Saudi Arabia #1; World #19)
Net Worth (2009) / Rankings $13.3 billion (Saudi Arabia #1; World #22)
Net Worth (2008) / Rankings $21.0 billion (Saudi Arabia #1; World #19)
Net Worth (2007) / Rankings $20.3 billion (Saudi Arabia #1; World #13)
Net Worth (2006) / Rankings $20.0 billion (Saudi Arabia #1; World #8)
Net Worth (2005) / Rankings $23.7 billion (Saudi Arabia #1; World #5)

Copyright © 2008 Rich Bastards - All rights reserved

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