Prince Alwaleed bin Talal in his U.S. investments, and sits on the board of his premier investment vehicle, Kingdom Holdings.
Prince Alwaleed, 53, is the nephew if King Abdallah of Saudi Arabia. Forbes magazine ranked him this year as the 19th richest person on the planet, with a fortune in excess of $23 billion. He owns large chunks of Citigroup and News Corp., the holding company that controls Fox News.
He is best known in the United States for his offer to donate $10 million to help rebuild downtown Manhattan after the 9/11 attacks. But after the prince made a public comment suggesting that U.S. policies had contributed to causing the attacks, Mayor Rudy Giuliani handed back his check.
“I entirely reject that statement,” Giuliani said. “There is no moral equivalent for this (terrorist) act. There is no justification for it. The people who did it lost any right to ask for justification for it when they slaughtered 4,000 or 5,000 innocent people.”
Since then, Prince Alwaleed’s Kingdom Foundation has given millions of dollars to Muslim charities in the United States, including several whose leaders have been indicted on terrorism-related charges in federal courts.
He also has given tens of millions of dollars to Harvard and other major U.S. universities, to establish programs in Islamic studies.
The casual statement by Percy Sutton to NY1 is the first [and LAST] time anyone has hinted at a relationship between Obama and the Saudi royal family.
Since then, Prince Alwaleed’s Kingdom Foundation has given millions of dollars to Muslim charities in the United States,
Our money returning from oil purchases !!!!!!!!!!!!!