Al Waleed bin Talal Al Saud

Prince Al-Waleed bin Talal Al Saud
الوليد بن طلال بن عبدالعزيز آل سعود
Born (1954-07-30) 30 July 1954[1]
NationalitySaudi Arabian
Alma materMenlo College
Syracuse University
Occupation(s)Chairman and CEO of Kingdom Holding Company
Years active1978–present
Spouse(s)Dalal bint Saud bin Abdulaziz (divorced)
Eman bint Naser bin Abdullah al Sudairi (divorced)
Ameera al-Taweel (divorced)
FamilySaud

Prince Al-Waleed bin Talal bin Abdulaziz Al Saud (Arabic: الوليد بن طلال بن عبدالعزيز آل سعود; born 30 July 1954)[2] is a member of the Saudi Royal Family. He is the nephew of the Saudi Arabian King Abdullah. An entrepreneur and international investor but without real political power within the House of Saud or in Saudi Arabia, he has amassed a fortune through investments in real estate and the stock market.

As of March 2010, his net worth is estimated at US$19.4 billion, up from $13.3 billion, according to Forbes, making him the 19th richest person in the world on their list published in March 2010.[3] He has been nicknamed by Time magazine as the Arabian Warren Buffett.[4][5][6]

Talal bought the super yacht Kingdom5KR.[7] It had been owned by Donald Trump and called the "Trump Princess".[7] The yacht, built in 1979, was used in the James Bond movie, Never Say Never Again.[7] It has 11 cabins, can take 22 guests and has a crew of 31.[8]

On 4 November 2017, he was arrested in Saudi Arabia, in an anti-corruption raid,[9][10] together with, among others, Waleed bin Ibrahim Al Ibrahim and Saleh Abdullah Kamel.[11] Al-Waleed was released from detention on 27 January 2018, following a financial settlement of some kind, after nearly three months in detention.[12][13] In March 2018 he was dropped from the World's Billionaires list due to lack of current information.[14]

Early life and education

Al-Waleed was born in Jeddah on 30 July 1954[15][16] to Prince Talal bin Abdul-Aziz, long-time-known as The Red Prince, and Mona Al Solh, daughter of Riad Al Solh (Lebanon's first prime minister).[17][18]

Honours

Saudi Arabian national honours

Ribbon bar Honour
Member 1st Class of the Order of Abdulaziz Al Saud

Foreign honors

Ribbon bar Country Honour
 Bahrain Member 1st Class of the Khalifiyyeh Order of Bahrain
 Benin Grand Officer of the National Order of Benin
 Brunei Member 1st Class of the Family Order of Laila Utama
 Bulgaria Member 1st Class of the Order of the Balkan Mountains
 Burkina Faso Commander of the National Order of Burkina Faso
 Burundi Grand Cross of the National Order of the Republic of Burundi
 Chad Grand Officier of the National Order of Chad
 Comoros Commander of the Star Anjouan
 Central African Republic Grand Cross of the National Order of Merit of Central African Republic
 Djibouti Grand Cordon of the National Order of the Star of Djibouti
 France Commander of the Legion of Honour
 Gabon Grand Cross of the National Order of Merit of Gabon
 Gambia Grand Commander of the Order of the Republic of The Gambia
 Ghana Companion of the Order of the Volta
 Guinea Commander of the National Order of Merit of Guinea
 Equatorial Guinea Grand Cross of the Order of Independence
 Jordan Grand Cordon of the Order of the Star of Jordan
 Ivory Coast Grand Cross of the National Order of the Ivory Coast
 Kenya Grand Cordon of the Chief of the Order of the Golden Heart of Kenya
 Lebanon Grand Officer of the National Order of the Cedar
 Liberia Grand Cordon of the Order of the Star of Africa
 Madagascar Grand Cross of the National Order of Madagascar
 Mauritania Commander of the National Order of Merit of Mauritania
 Maldives Grand Cordon of the Order of the Distinguished Rule of Izzuddin
 Mali Grand Officier of the National Order of Mali
 Malta Companions of the National Order of Merit (Malta)
 Monaco Grand Officier of the Order of Grimaldi
 Morocco Grand Cordon of the Order of Ouissam Alaouite
 Netherlands Officier of the Order of Orange-Nassau
 Niger Grand Cordon of the National Order of Merit of Niger
 Pakistan Second Class of Nishan-e-Pakistan
 Philippines Grand Officier of Order of Sikatuna
 Senegal Grand Officier of the National Order of the Lion
 Sierra Leone Grand Gordon of the Order of the Republic (Sierra Leone)
 South Korea Sungnye Medal of the Order of Diplomatic Service Merit
 Sudan Grand Cordon of the Republic of the Sudan
 Syria Member 1st Class of the Order of the Umayyads
 Taiwan Grand Cordon of the Order of Brilliant Star
 Togo Grand Officier of the Order of Mono
 Tunisia Grand Officier of the Order of the Republic
 Vietnam Medal of the Friendship Order
 Uganda Companion of the Most Excellent Order of the Pearl of Africa

Personal life

Al-Waleed has been married four times.[19]

References

  1. 1.0 1.1 Khan, Riz (2005). Alwaleed, Businessman Billionaire Prince. New York: HarperCollins. p. 19. ISBN 9780060850302.
  2. "Saudi Arabia's Prince Alwaleed's Timeline". Archived from the original on 22 December 2015. Retrieved 12 July 2016.
  3. Forbes topic page on Prince Alwaleed Retrieved March 2010
  4. "Alwaleed Bin Talal Bin Abdulaziz Al Saud". Alwaleed Bin Talal Bin Abdulaziz Al Saud. Archived from the original on 6 May 2014. Retrieved 24 May 2014.
  5. "The mystery of the world's second-richest businessman". The Economist. 25 February 1999. Archived from the original on 19 May 2017. Retrieved 24 May 2017.
  6. Jehl, Douglas (28 March 1999). "Buffett of Arabia? Well, Maybe". The New York Times. Archived from the original on 7 March 2017. Retrieved 24 May 2017.
  7. 7.0 7.1 7.2 "Kingdom 5KR". yachts.monacoeye.com. 2011. Archived from the original on 20 January 2021. Retrieved 6 November 2011.
  8. "Kingdom 5KR Yacht - Benetti motor yacht". superyachts.com. 2011. Archived from the original on 13 November 2011. Retrieved 6 November 2011.
  9. Kirkpatrick, David D. (4 November 2017). "Saudi Arabia Arrests 11 Princes, Including Billionaire Alwaleed bin Talal". The New York Times. Archived from the original on 8 November 2017. Retrieved 8 November 2017.
  10. "Alwaleed bin Talal, two other billionaires tycoons among Saudi arrests". Daily Sabah. 5 November 2017. Archived from the original on 5 November 2017. Retrieved 5 November 2017.
  11. Alwaleed bin Talal, two other billionaires tycoons among Saudi arrests, 4 November, Daily Sabah
  12. "Saudi billionaire Prince Al-Waleed freed after 'settlement'". Agence France-Presse. 27 January 2018. Archived from the original on 28 January 2018. Retrieved 27 January 2018. The prince was released following an undisclosed financial agreement with the government, similar to deals that authorities struck with most other detainees in exchange for their freedom.
  13. Ben Hubbard, Billionaire Saudi Prince, Alwaleed bin Talal, Is Freed From Detention Archived 27 January 2018 at the Wayback Machine, The New York Times (27 January 2017).
  14. Dolan, Kerry (6 March 2018). "Why No Saudi Arabians Made The Forbes Billionaires List This Year". Forbes. Archived from the original on 6 March 2018. Retrieved 6 March 2018.
  15. Gornail, Jonathan (8 March 2013). "Newsmaker: Prince Al Waleed bin Talal bin Abdulaziz Al Saud". The National. Archived from the original on 1 August 2013. Retrieved 18 July 2013.
  16. Sherifa Zuhur (31 October 2011). Saudi Arabia. ABC-CLIO. p. 97. ISBN 978-1-59884-571-6.
  17. Mamoun Fandy (2007). (Un)civil War of Words: Media and Politics in the Arab World. Greenwood Publishing Group. p. 43. ISBN 978-0-275-99393-1.
  18. Moubayed, Sami (1 February 2011). "Lebanon cabinet: A tightrope act". Lebanon Wire. Archived from the original on 23 March 2013. Retrieved 7 April 2013.
  19. Royal Saudi couple’s divorce is 'amicable' Richard Johnson. Page Six. NYPost.com 20 November 2013. Retrieved 13 December 2015

Further reading

  • John Rossant, The Prince: A Biography of Prince Alwaleed Bin Talal (HarperCollins, 2001) ISBN 0-68-816457-9
  • Riz Khan, Alwaleed: Businessman, Billionaire, Prince (HarperCollins, 2005) ISBN 0-06-085030-2