Al Waleed bin Talal Al Saud
Saudi Arabian businessman, investor and royal / From Wikipedia, the free encyclopedia
Prince Al-Waleed bin Talal bin Abdulaziz Al Saud (Arabic: الوليد بن طلال بن عبدالعزيز آل سعود; born 30 July 1954)[2] is a member of the Saudi Royal Family. He is the nephew of the Saudi Arabian King Abdullah. An entrepreneur and international investor but without real political power within the House of Saud or in Saudi Arabia, he has amassed a fortune through investments in real estate and the stock market.
Prince Al-Waleed bin Talal Al Saud | |
---|---|
الوليد بن طلال بن عبدالعزيز آل سعود | |
Born | (1954-07-30) 30 July 1954 (age 69)[1] |
Nationality | Saudi Arabian |
Alma mater | Menlo College Syracuse University |
Occupation(s) | Chairman and CEO of Kingdom Holding Company |
Years active | 1978–present |
Spouse(s) | Dalal bint Saud bin Abdulaziz (divorced) Eman bint Naser bin Abdullah al Sudairi (divorced) Ameera al-Taweel (divorced) |
Family | Saud |
As of March 2010, his net worth is estimated at US$19.4 billion, up from $13.3 billion, according to Forbes, making him the 19th richest person in the world on their list published in March 2010.[3] He has been nicknamed by Time magazine as the Arabian Warren Buffett.[4][5][6]
Talal bought the super yacht Kingdom5KR.[7] It had been owned by Donald Trump and called the "Trump Princess".[7] The yacht, built in 1979, was used in the James Bond movie, Never Say Never Again.[7] It has 11 cabins, can take 22 guests and has a crew of 31.[8]
On 4 November 2017, he was arrested in Saudi Arabia, in an anti-corruption raid,[9][10] together with, among others, Waleed bin Ibrahim Al Ibrahim and Saleh Abdullah Kamel.[11] Al-Waleed was released from detention on 27 January 2018, following a financial settlement of some kind, after nearly three months in detention.[12][13] In March 2018 he was dropped from the World's Billionaires list due to lack of current information.[14]