P rince Alwaleed bin Talal Alsaud is a prominent Saudi Arabian royal, investor, and philanthropist. He is a grandson of Ibn Saud, the first king of Saudi Arabia, and Riad Al Solh, Lebanon's first prime minister. After being educated in the United States, earning degrees in business administration, he returned to Saudi Arabia to start his own business. In 1980, he founded Kingdom Holding Company (KHC), his primary investment vehicle, starting with a modest loan from his father. He is known for his value-investing approach, often taking stakes in well-known but underperforming companies.
Prince Alwaleed rose to global prominence in the 1990s with a high-risk, high-reward investment in a struggling Citicorp (now Citigroup), which became immensely profitable and made him one of the world's wealthiest individuals. Through KHC, he has held significant stakes in a diverse portfolio of global brands, including the Four Seasons hotel chain, Twitter (now X), Apple, and News Corp. He is known for his vocal and often flamboyant public persona, a contrast to many other Saudi royals. In 2017, he was detained for several weeks at the Ritz-Carlton hotel in Riyadh as part of a Saudi government anti-corruption crackdown, an event that sent shockwaves through the global business community. He was later released after reaching a confidential financial settlement.
Advertisement
Prince Alwaleed Bin Talal Alsaud is a Saudi Arabian businessman, the self-made billionaire Founder, Chairman, and CEO of Kingdom Holding Company (Tadawul: 4280), a massive publicly traded investment and diversified conglomerate. His career is rooted in elite finance, strategic investment, and high-level public advocacy.
Prince Alwaleed holds a B.S. in Business Administration from Menlo College (1979) and an M.A. in Social Science from Syracuse University. His philosophical approach centers on contrarian, deep-value investment (acquiring distressed or undervalued assets), long-term asset hold, and global diversification.
Prince Alwaleed's strategic genius was his commitment to contrarian investing. He founded Kingdom Holding in 1980 (leveraging a $30,000 gift from his father). His structural contribution is immense: pioneering global, opportunistic investment from Saudi Arabia and executing major, high-stakes turnaround investments (e.g., Citigroup during the 1990s banking crisis). His wealth was severely impacted by his 2017 detention in the Ritz-Carlton purge, which forced the sale of substantial assets to secure his release.
His wealth is secured by the colossal, long-term, stable profitability of his diversified global equity and real estate holdings.
Advertisement
Founds Kingdom Holding Company with a $30,000 gift (Founding).
Makes a major investment in Citigroup (Pivotal Investment 1).
Makes an early investment in Twitter (Pivotal Investment 2).
Detained in the Ritz-Carlton purge (Corporate/Political Crisis).
Sells major assets to secure release (Financial Resolution).
Continues as Chairman and CEO, guiding the global investment giant (Executive Oversight).
Prince Alwaleed Bin Talal Alsaud's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded investment giant, Kingdom Holding Company (Tadawul: 4280), and his private investments.
Advertisement
Prince Alwaleed is a major global philanthropist, committed to giving away the majority of his wealth. His Alwaleed Philanthropies provides a massive structural contribution to disaster relief, women's empowerment, and poverty alleviation globally. His influence provided a major structural contribution to global investment and economic policy.
His structural contribution is tied to his belief in contrarian investing and philanthropy as a force for global stability.
Prince Alwaleed maintains the professional, composed style of a royal executive. His attire is consistently formal and high-quality, favoring traditional Saudi dress or tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global financial sector.
Residing in Riyadh, Saudi Arabia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, corporate governance, and high-impact philanthropy.
Advertisement
No publicly available quotes.
Advertisement
-0.18% | -$16.83M
0% | $0.00M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
If you find any inaccuracies, please report them to admin@redcarpetlife.in
Sponsored Content