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.

Prince Alwaleed bin Talal News

IFA Is in Talks to Sell Fairmont Hotel on Dubai’s Palm Jumeirah

IFA Hotels & Resorts Co., a company partly owned by Saudi billionaire Prince Alwaleed Bin Talal, is in talks with several Middle East investors to sell the Fairmont hotel at the trunk of a man-made island in Dubai, the property broker that’s advising IFA said.
Dell Says It’s Probing Allegations of Resales to Syria

Dell Inc., the world’s third-largest personal-computer maker, said it’s investigating allegations that one of its resellers was involved in a possible transaction with Syria.
Bill Gates Seeks $1.5 Billion More to Eradicate Polio by 2018

Bill Gates, chairman and co-founder of Microsoft Corp., is seeking a further $1.5 billion in donations to wipe out polio by 2018 and make it the first infectious disease eradicated since smallpox was wiped from the planet in 1979.
`Buffett of Arabia' Alwaleed Sees Wealth Wane

Prince Alwaleed Bin Talal sits under an almost full moon near a campfire at his rustic retreat in Riyadh, Saudi Arabia. He’s surrounded by a zoo with zebras and giraffes, an artificial lake and a lodge that has an indoor pool, saunas and steam rooms. Three hooded falcons are perched on stands in front of him.
Alwaleed Says Saudi Bourse Should Open to Foreign Investors

Saudi Arabia, the Arab world’s biggest economy, should open its stock market to foreign investors, billionaire Prince Alwaleed bin Talal said.
Buffett and the Prince

After losing billions on U.S. stocks beginning in 2000, Alwaleed Bin Talal says he may become richer than the Oracle of Omaha. His strategy: holding an IPO for his luxury hotels and building the world’s tallest tower in his homeland.
France Names Jean-Luc Martinez as New Chief of Louvre

The Louvre, the world’s most visited museum, got a new chief today as France appointed Jean-Luc Martinez to replace Henri Loyrette, in the post since 2001.
Alwaleed Sells Airbus A380 to Invest in Middle East Firms

Prince Alwaleed Bin Talal Al Saud, the world’s 15th-richest person, sold his Airbus A380 jet plane in the past four months, according to Shadi Sanbar, chief financial officer of the billionaire’s Kingdom Holdings Co.
Prince Alwaleed Bin Talal's Wealth Rises 18%

In today's "Movers & Shakers" Bloomberg's Erik Schatzker reports that Prince Alwaleed Bin Talal, who is ranked at #24 on the Bloomberg Billionaires index, has seen his wealth rise 18 percent in the past year. He speaks on Bloomberg Television's "Inside Track." (Source: Bloomberg)
Billionaire Alwaleed Buys 360buy Stake for China Expansion

Saudi billionaire Prince Alwaleed bin Talal bought a stake in Chinese online retailer 360buy Jingdong Inc., joining a group of investors in tapping one of the world’s fastest growing e-commerce markets.