Person:Al-Waleed Al Saud (1)

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Al-Waleed bin Talal bin Abdulaziz al Saud
d.
  1. Al-Waleed bin Talal bin Abdulaziz al Saud1955 -
Facts and Events
Name Al-Waleed bin Talal bin Abdulaziz al Saud
Gender Male
Birth[1] 7 Mar 1955 Jeddah, Makkah, Saudi Arabia
Reference Number? Q293679?
Death[1] Famous Living Person Exception?


the text in this section is copied from an article in Wikipedia

Prince Al-Waleed bin Talal bin Abdulaziz al Saud (born 7 March 1955) is a Saudi businessman, investor, philanthropist, and a member of the Saudi royal family. He was listed on Time magazine's Time 100, an annual list of the hundred most influential people in the world, in 2008. Al-Waleed is a grandson of Ibn Saud, the first Saudi king, a half-nephew of all Saudi kings since, and a grandson of Riad Al Solh (Lebanon's first prime minister).

He is the founder, chief executive officer and 95-percent owner[1] of the Kingdom Holding Company, a Forbes Global 2000 company with investments in companies in the financial services, tourism and hospitality, mass media, entertainment, retail, agriculture, petrochemicals, aviation, technology and real-estate sectors. In 2013, the company had a market capitalization of over $18 billion. Al-Waleed is Citigroup's largest individual shareholder, the second-largest voting shareholder in 21st Century Fox, a minor shareholder in Zaveriwala Holdings LLC and owns Paris' Four Seasons Hotel George V and part of the Plaza Hotel. Time has called him the "Arabian Warren Buffett". In November 2017 Forbes listed Al-Waleed as the 45th richest man in the world, with an estimated net worth of $18.7 billion.

The previous year, he announced that he would donate his fortune to charity at an unspecified date. He had previously donated $3.5 billion over the course of 35 years through his charitable organization Alwaleed Philanthropies.

On 4 November 2017 he and other prominent Saudis (including fellow billionaires Waleed bin Ibrahim Al Ibrahim and Saleh Abdullah Kamel) were arrested in Saudi Arabia, in a purge that the Saudi government characterized as an anti-corruption drive. The allegations against Prince Al-Waleed include money laundering, bribery, and extorting officials. Some of the detainees have been in the Ritz-Carlton, Riyadh since then. Al-Waleed was released from detention on 27 January 2018, following a financial settlement of some kind, after nearly three months in detention. In March 2018 he dropped out from the World's Billionaires's list.

This page uses content from the English Wikipedia. The original content was at Al-Waleed bin Talal. The list of authors can be seen in the page history. As with WeRelate, the content of Wikipedia is available under the Creative Commons Attribution/Share-Alike License.
References
  1. 1.0 1.1 Al-Waleed bin Talal, in Wikipedia: The Free Encyclopedia.