HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), tops Arabian Business Magazine’s 2014 50 Richest Arab List for eleven consecutive years with a net worth of $28.1 billion. Prince Alwaleed’s net worth consists of KHC shares, HRH’s stakes in local, regional and international investments, and His Highness’s private assets.
Prince Alwaleed has been featured in multiple respected and reliable lists that rank in order the wealthiest individuals in the world including:
- Prince Alwaleed has been featured in Bloomberg’s Billionaires Index with a personal fortune of $29.9 billion as of February 20th 2015.
- Prince Alwaleed has been featured among Hurun’s 2015 Global Rich List that is released by Hurun Report Inc. with a personal fortune of $30 billion as of February 3rd, 2015.
- Prince Alwaleed was ranked 21 in The Sunday Times “The 100 Richest in the World List” with a personal fortune of GBP18.5 billion (approximately $31.21 billion) as of 2014.
Prince Alwaleed is known for his precision for exploring new and potential business opportunities and ventures in synchronization with the direction and fluctuations of the economic climate. Moreover, the Prince is active in social responsibility projects through significant local and international donations made by Alwaleed Bin Talal Foundations span all the continents.
Founded in 1980, KHC is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in 2007. KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player in the Arabian Gulf region, and internationally. The Company is recognized as one of the largest foreign investors in the United States. KHC’s portfolio has its major interests in investment categories ranging from luxury hotels management hotel companies (Four Seasons Hotels and Resorts, Fairmont Raffles Holding Intl and Mövenpick Hotels, Resorts AG and Swissotel) and real estate (Kingdom Tower project in Jeddah and Kingdom Tower and project in Riyadh) to hotel real estate investments such as (The Plaza, New York, Savoy Hotel, London and Four Seasons, George V Hotel, Paris and other hotels). KHC also has investments in Petrochemical (Tasnee) Media and Publishing (News Corporation and Saudi Research and Marketing Group), as well as in Entertainment (Euro Disney S.C.A). In addition, Finance and Investment services (Citigroup), Social Media and Technology (Twitter and Jingdong). Moreover, the Company has investments in Education (Kingdom Schools), Health Care (Medical Services Projects Company), Aviation (NAS Saudi Arabia) and Agriculture (Kingdom Agricultural Development Company – KADCO Egypt).
Alwaleed Foundations are involved in a wide spectrum of humanitarian and philanthropic activities in more than 84 countries. Their main focus areas have been established around strategic initiatives, ranging from Disaster Relief and Community Development, to Women and Youth Empowerment, as well as Promoting Intercultural Understanding.