Prince Alwaleed Bin Talal Alsaud
48 , self made
Source: investments
Net Worth: $23.7 bil up
Country of citizenship: Saudi Arabia
Residence: Riyadh, Saudi Arabia
Industry: Investments
Marital Status: married , 2 children
Menlo College, Bachelor of Arts / Science
Syracuse University, Master of Science
This savvy global investor and nephew of the Saudi king continues to thrive on deal-makingin addition to a dash of pro-American political crusading. His fortune, anchored by a $10 billion stake in Citigroup, was lifted in part by a 116% rise in the Saudi stock market in 2004. Last year he unloaded his half of New York's Plaza Hotel and plowed the profits into buying stakes in London's Savoy Hotel and Monaco's Monte Carlo Grand.
In January he helped bail out an ailing Disneyland-Paris with a $30 million cash injection. A vocal supporter of women's rights, he hired the first female airplane pilot in Saudi Arabia, a country where women still can't legally drive. Clearly pleased with his stock picking prowess, he took out ads on CNN touting his holdings. "We're telling the market all these companies are number one in their field," crows Alwaleed.
Thanks for the research, Dallas. Maybe we should stop stereotyping him and give him the benefit of the doubt.
Sounds like we would have substantially more to fear if George Soros bought 5.4% of Fox than this Saudi prince.
This mysogynis Saudi male is the biggest deluded jerk next to Soros. Saw him in an interview where he considers himself a Saudi Rock star while his Saudi male subjects got in line to (LITERALLY) kiss HIS RING! And he BRAGGED ABOUT HIS VAST COLLECTION OF $400.00 DOLLAR designer sun glasses. Triple ewwwww!