HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) attended the 19th Microsoft CEO Summit held at the Microsoft Conference Center in Redmond Campus in Washington, Seattle on 12th May, 2015. The Prince’s visit was in response to an invitation from Mr. Bill Gates, Founder of Microsoft to attend the event. The Summit was exclusive to 100 CEOs most influential in the world.

During the summit Prince Alwaleed and Mr. Gates discussed the latest economic developments in addition to topics related to KHC’s international investments including its stake of 47.5% in the Four Seasons which is co-owned by Bill Gates’ Cascade with a 47.5% stake, which the remaining 5% is owned by Mr. Isadore Sharp. Also, the two discussed future potential collaboration. Moreover, Prince Alwaleed met with some of the most prominent CEOs.

The Microsoft CEO Summit was established in 1997 in response to growing interest in the convergence of technology and business issues among corporate CEOs. Attendees had an opportunity to hear leading industry experts analyze economic trends and technology issues. The event was private, provided a forum in which CEOs from major companies and prominent business people discussed business challenges and shared insights and experiences with their peers from around the world.

In 2013, Prince Alwaleed met with Mr. Bill Gates at The Savoy Hotel, during His Highness visit to London, UK. In 2012, Prince Alwaleed held a private meeting with Mr. Gates, during His Highness visit to Abu Dhabi. Furthermore, the two attended the inauguration of the 3rd Abu Dhabi Media Summit. In the same year, Prince Alwaleed received Mr. Gates, at Kingdom Resort in Riyadh.

HRH has significant investments in the US in the financial sector via Citigroup, in the media and entertainment sector through 21st Fox Century and in the hotel sector through the Fairmont New York Plaza one of New York’s most distinctive landmarks, Four Seasons hotel via the management of Four Seasons Hotels and Resorts in which KHC hold a 47.5% interest, and in the Social Media and Technology sector via Twitter.

His Highness first invested in Citigroup in 1991, and is the largest individual shareholder in the company. In 2008, Prince Alwaleed participated in the private offering of convertible preferred securities of Citigroup. The new direct investment was made alongside an exclusive group of leading international investors. The Prince converted the preferred shares in 2009 into common shares (voting shares). Prince Alwaleed has 7% (voting shares) through KHC in 21st Fox Century and KHC that is 95% owned by Prince Alwaleed, is the second largest shareholder in 21st Fox Century after the Murdoch family. Moreover, 21st Fox Century owns 19% stake in Rotana that is privately owned by Prince Alwaleed. The New York Plaza that is partially owned by HRH through KHC underwent a $400 million renovation and reopened a few years ago. The hotel is managed by Fairmont Raffles Hotels International (FRHI) in which KHC holds a substantial interest.

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 and project in Jeddah and Kingdom Riyadh project) 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).

 
Prince Alwaleed Meets Citigroup’s Corbat in Seattle

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) met Mr. Mike Corbat CEO of Citigroup at the Fairmont Hotel in Seattle, Washington.

Prince Alwaleed and Mr. Corbat discussed the latest developments in Citigroup and future plans of the company.

The meeting was also attended by Ms. Nada Alsugair, Executive Director, Finance and Administration, Ms. Hassna Alturki, Executive Manager for International Relations to HRH the Chairman, Mr. Fahad Bin Nafil, Senior Executive Assistant to HRH the Chairman and Mr. Ahmed Altubaishi, Executive Assistant to HRH the Chairman.

In March 2015, Prince Alwaleed congratulated Citigroup’s Corbat for passing the Federal Reserve’s stress tests the with highest and cleanest results among the top Wall Street banks, Prince Alwaleed also congratulated Mr. Corbat for increasing dividend payment from 4 cents to 20 cents per annum which is equal to 400% increase and initiative a buyback program of as much as $7.8 billion dollars of stocks representing %5 of the group’s market-cap.

Moreover, Kingdom Holding Company and Prince Alwaleed are among the largest investors in Citigroup.

In 2014, Prince Alwaleed had met Mr. Corbat at his office in Riyadh. In the same year, Prince Alwaleed congratulated Mr. Corbat on Citigroup’s Q2 positive results.

In 2013, Prince Alwaleed was received by Mr. Corbat at the company Headquarters in New York. In the same year, Prince Alwaleed received Mr. Corbat at his office in Riyadh, The two discussed various topics related to their respective companies. Prince Alwaleed hosted a dinner in honor of Mr. and Mrs. Corbat at Kingdom Resort.

Prince Alwaleed is a prominent investor in Citigroup through KHC which operates in over 160 countries in the world since 1991 and is the largest single shareholder in the company. In 2008, Prince Alwaleed participated in a $12.5 billion private offering of convertible preferred securities of Citigroup. The new direct investment was made alongside an exclusive group of leading international investors. The Prince converted the preferred shares in 2009 into common shares (voting shares).

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 and project in Jeddah and Kingdom Riyadh project) 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).


Prince Alwaleed Meets Twitter’s CEO in Seattle

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), met with Mr. Dick Costolo, CEO of Twitter at the Fairmont Hotel in Seattle, Washington.

During the meeting, Mr. Costolo thanked the Prince for giving him the opportunity to meet with him. Moreover, the two discussed the latest technical, financial and organizational developments in Twitter.

The meeting was also attended by Ms. Nada Alsugair, Executive Director, Finance and Administration, Ms. Hassna Alturki, Executive Manager for International Relations to HRH the Chairman, Mr. Fahad Bin Nafil, Senior Executive Assistant to HRH the Chairman, Mr. Ahmed Altubaishi, Executive Assistant to HRH the Chairman and Mr. Naief Alzuhair, Website and Social Media Manager.

Furthermore, Prince Alwaleed and KHC’s strategic investment in Twitter has increased from $300 Million to approximately $1.2 Billion since Twitter’s IPO.

KHC was founded in 1980 and become publicly traded and 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 companies (Four Seasons Hotels and Resorts, Fairmont Raffles Holding, Mövenpick Hotels, and Swissotel), real estate (Kingdom Tower and project in Jeddah and Kingdom Riyadh project) 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, Fox, and Saudi Research & Marketing Group), as well as in Entertainment (Euro Disney - Paris). In addition, Finance and Investment services (Citigroup), Social Media and Technology (Twitter and Jingdong). The Company has investments in Education (Kingdom Schools), Health Care (Medical Services Projects Company), and Aviation (NAS Saudi Arabia).

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) met with Mr. Warren Buffett, Berkshire Hathaway Chairman and CEO during the 19th Microsoft CEO Summit held in the Microsoft Conference Center in Redmond Campus in Washington, Seattle. The Prince’s visit was in response to an invitation from Mr. Bill Gates, CEO of Microsoft to attend the event.

During the function, Prince Alwaleed and Mr. Buffett discussed general issues, topics related to investments and HRH’s international investments especially in the United States. Moreover, Mr. Buffett is one of most influential and prominent investors in the US, businessman and philanthropist Mr. Buffett commended Prince Alwaleed on his humanitarian and investment accomplishments.

Moreover, during the summit Prince Alwaleed and Mr. Gates discussed the latest economic developments in addition to topics related to KHC’s international investments including its stake of 47.5% in the Four Seasons which is co-owned by Bill Gates’ Cascade with a 47.5% stake, which the remaining 5% is owned by Mr. Isadore Sharp. Also, the two discussed future potential collaboration. Moreover, Prince Alwaleed met with some of the most prominent CEOs.

The Microsoft CEO Summit was established in 1997 in response to growing interest in the convergence of technology and business issues among corporate CEOs. Attendees had an opportunity to hear leading industry experts analyze economic trends and technology issues. The event was private, provided a forum in which CEOs from major companies and prominent business people discussed business challenges and shared insights and experiences with their peers from around the world.

HRH has significant investments in the US in the financial sector via Citigroup, in the media and entertainment sector through 21st Fox Century and in the hotel sector through the Fairmont New York Plaza one of New York’s most distinctive landmarks, Four Seasons hotel via the management of Four Seasons Hotels and Resorts in which KHC hold a 47.5% interest, and in the Social Media and Technology sector via Twitter.

His Highness first invested in Citigroup in 1991, and is the largest individual shareholder in the company. In 2008, Prince Alwaleed participated in the private offering of convertible preferred securities of Citigroup. The new direct investment was made alongside an exclusive group of leading international investors. The Prince converted the preferred shares in 2009 into common shares (voting shares). Prince Alwaleed has 7% (voting shares) through KHC in 21st Fox Century and KHC that is 95% owned by Prince Alwaleed, is the second largest shareholder in 21st Fox Century after the Murdoch family. Moreover, 21st Fox Century owns 19% stake in Rotana that is privately owned by Prince Alwaleed. The New York Plaza that is partially owned by HRH through KHC underwent a $400 million renovation and reopened a few years ago. The hotel is managed by Fairmont Raffles Hotels International (FRHI) in which KHC holds a substantial interest.

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 and project in Jeddah and Kingdom Riyadh project) 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).

Prince Alwaleed Meets Warren Buffett at the 19th Microsoft CEO Summit 

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HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) met with Mr. Warren Buffett, Berkshire Hathaway Chairman and CEO during the 19th Microsoft CEO Summit held in the Microsoft Conference Center in Redmond Campus in Washington, Seattle. The Prince’s visit was in response to an invitation from Mr. Bill Gates, CEO of Microsoft to attend the event.

During the function, Prince Alwaleed and Mr. Buffett discussed general issues, topics related to investments and HRH’s international investments especially in the United States. Moreover, Mr. Buffett is one of most influential and prominent investors in the US, businessman and philanthropist Mr. Buffett commended Prince Alwaleed on his humanitarian and investment accomplishments.

Moreover, during the summit Prince Alwaleed and Mr. Gates discussed the latest economic developments in addition to topics related to KHC’s international investments including its stake of 47.5% in the Four Seasons which is co-owned by Bill Gates’ Cascade with a 47.5% stake, which the remaining 5% is owned by Mr. Isadore Sharp. Also, the two discussed future potential collaboration. Moreover, Prince Alwaleed met with some of the most prominent CEOs.

The Microsoft CEO Summit was established in 1997 in response to growing interest in the convergence of technology and business issues among corporate CEOs. Attendees had an opportunity to hear leading industry experts analyze economic trends and technology issues. The event was private, provided a forum in which CEOs from major companies and prominent business people discussed business challenges and shared insights and experiences with their peers from around the world.

HRH has significant investments in the US in the financial sector via Citigroup, in the media and entertainment sector through 21st Fox Century and in the hotel sector through the Fairmont New York Plaza one of New York’s most distinctive landmarks, Four Seasons hotel via the management of Four Seasons Hotels and Resorts in which KHC hold a 47.5% interest, and in the Social Media and Technology sector via Twitter.

His Highness first invested in Citigroup in 1991, and is the largest individual shareholder in the company. In 2008, Prince Alwaleed participated in the private offering of convertible preferred securities of Citigroup. The new direct investment was made alongside an exclusive group of leading international investors. The Prince converted the preferred shares in 2009 into common shares (voting shares). Prince Alwaleed has 7% (voting shares) through KHC in 21st Fox Century and KHC that is 95% owned by Prince Alwaleed, is the second largest shareholder in 21st Fox Century after the Murdoch family. Moreover, 21st Fox Century owns 19% stake in Rotana that is privately owned by Prince Alwaleed. The New York Plaza that is partially owned by HRH through KHC underwent a $400 million renovation and reopened a few years ago. The hotel is managed by Fairmont Raffles Hotels International (FRHI) in which KHC holds a substantial interest.

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 and project in Jeddah and Kingdom Riyadh project) 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).