Prince Alwaleed bin Talal
Prince Alwaleed owns 95 percent of Kingdom Holding, a publicly traded conglomerate with investments in hotels, Saudi real estate and other public stocks. He also holds an 80 percent stake in Rotana, one of the Middle East's biggest media companies. His personal possessions include palaces, private jets, jewelry and a superyacht.
Kingdom Holding Co. , controlled by Saudi billionaire Prince Alwaleed bin Talal , offered to acquire Mobile Telecommunications Co.’s 25 percent stake in Zain Saudi Arabia, valued at about 2.6 billion riyals ($690 million).
Citigroup Inc., the New York-based bank that sold its 20 percent stake in a Saudi Arabian lender six years ago, is applying to open an office in the kingdom, shareholder Prince Alwaleed Bin Talal said.
Kingdom Holding Co., the investment company owned by Saudi billionaire Prince Alwaleed bin Talal, said first-quarter profit advanced 50 percent on revenue growth from hotels and the performance of investments.
Prince Alwaleed bin Talal, the Saudi royal who seems to own most everything there is to own -- a chunk of Rupert Murdoch’s News Corp, a piece of Twitter, all of Paris’s George V Hotel, the Savoy in London, and a Boeing 747 for his personal use -- was sitting in the lobby of the Four Seasons Hotel in Chicago the other evening (he and Bill Gates own most of Four Seasons Holdings), offering up the view -- the view of an experienced negotiator from the Middle East -- that U.S. President Barack Obama is outmatched by the Islamic Republic of Iran.