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.
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.
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.
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.
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.
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.
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)
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.