Al-Waleed Bin Talal Net Worth 2024, Age, Height, Bio, Birthday, Wiki!

Explore Al-Waleed bin Talal net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Al-Waleed bin Talal? Who is Al-Waleed bin Talal dating now & how much money does Al-Waleed bin Talal have?

Al-Waleed bin Talal Biography

Al-Waleed bin Talal is one of the most popular and richest Business Executive who was born on March 7, 1955 in Saudi Arabia. Saudi businessman and member of the royal family, he is best known as the CEO of The Kingdom Holding Company, an extremely successful investment holding company. Time Magazine listed him as one of the 100 most influential people in the world in 2008.

Time Magazine called him the “Arabian Warren buffett” for his business acumen.

Prince Al-Waleed bin Talal bin Abdulaziz Al Saud (Arabic: الوليد بن طلال بن عبدالعزيز آل سعود ‎, born 7 March 1955) is a Saudi Arabian businessman, investor and a member of the Saudi royal family. He was listed on Time magazine’s Time 100, an annual list of the hundred most influential people in the world, in 2008. Al-Waleed is a grandson of Ibn Saud, the first Saudi Arabian king, a nephew of all Saudi Arabian kings since, and a grandson of Riad Al Solh (Lebanon’s first prime minister).

Al-Waleed’s parents separated when he was seven, and he lived with his mother in Lebanon. He first attended Pinewood College in Beirut. As a boy, he ran away from home for a day or two at a time (sleeping in unlocked cars) before attending military school in Riyadh, the King Abdul Aziz Military Academy. In 1974, he returned to Lebanon, attending the Choueifat School and then Manor School.Al-Waleed received a bachelor’s degree in business administration from Menlo College in California in 1979, finishing in two-and-a-half years, and a master’s degree with honors in social science from Syracuse University in 1985, finishing in eleven months.

His parents are Prince Talal bin Abdulaziz and Mona Al Solh. He was previously married twice to Ameera Al-Taweel and Dalal bint Saud bin Abdulaziz.

Ethnicity, religion & political views

Many peoples want to know what is Al-Waleed bin Talal ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Al-Waleed bin Talal's ethnicity is Not Known. We will update Al-Waleed bin Talal's religion & political views in this article. Please check the article again after few days.

Al-Waleed owns the 65th-largest private yacht in the world, the 85.9-metre (282 ft) Kingdom 5KR (originally built as the Nabila for Saudi arms dealer Adnan Khashoggi in 1979). In 1983, owned by Khashoggi, it appeared as the Flying Saucer (the yacht of James Bond’s villain, Largo) in Never Say Never Again. It was sold to Donald Trump, who renamed her the Trump Princess. Al-Waleed bought the yacht after Trump experienced financial problems in the late 1980s.

Al-Waleed bin Talal Net Worth

Al-Waleed bin Talal is one of the richest Business Executive from Saudi Arabia. According to our analysis, Wikipedia, Forbes & Business Insider, Al-Waleed bin Talal's net worth $5 Million. (Last Update: December 11, 2023)

In 1979, he earned a Bachelor’s Degree from Menlo College in California. He then graduated with distinction from Syracuse University in 1985.

He was the richest Arab of the world by the end 2013 with a fortune of $31.2 billion.

Al-Waleed was born in Jeddah on 7 March 1955 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). His father was Saudi Arabia’s finance minister during the early 1960s, before he went into exile due to his advocacy for political reform.

Al-Waleed began his business career in 1979 after graduating from Menlo College. He returned to Saudi Arabia, which was in the midst of the 1974–85 oil boom. Operating from a small, four-room cabin in Riyadh and $30,000 start-up money provided by Prince Talal, al-Waleed formed Kingdom Establishment in 1980. When that money ran out in a few months, he secured a $300,000 loan from the Saudi American Bank, partly owned by Citibank. Rather than taking a commission for facilitating contracts as the legally required middleman, Al-Waleed insisted on a stake in the project. His first success was in 1982, partnering with a South Korean construction company, and from then on, his commissions were used to fund his real estate deals. In his own words, “All the money I used to get from this construction I would plough back into real estate, and in the stock market, both.”

After the end of the Saudi oil boom, Al-Waleed acquired the underperforming United Saudi Commercial Bank (USCB). Through mergers with Saudi Cairo Bank (SCB), forming United Saudi Bank (USB), and the Saudi American Bank (SAMBA), it became a leading Middle Eastern bank. The hostile takeover of USCB in 1986, the merger with SCB in 1997, and the merger of USB with SAMBA in 1999, were the first of their kind in the Kingdom. He then secured a majority in Al-Azizia Panda, merging it with the Savola Group, and took over National Industrialization Company.

Height, Weight & Body Measurements

Al-Waleed bin Talal height Not available right now. Al-Waleed weight Not Known & body measurements will update soon.

Al-Waleed has been married four times. His first marriage was in 1976, at the age of nineteen. His first wife was his cousin, Dalal bint Saud, a daughter of King Saud. They have two children (Prince Khaled, born on 21 April 1978 and Princess Reem, born on 20 June 1982), and later divorced, in Dec. 1994.

He has not earned enough income from his investments to pay for all that he has spent in the 1990s. The mystery goes back to that first stake in Citicorp. The prince has declared that this money came entirely from his personal funds. He says he started out in 1979 with a loan of just $30,000 from his father. He also mortgaged a house that his father had given him, raising something like $400,000. And each month, as a grandson of Ibn Saud, he receives $15,000. You could barely clothe a Saudi prince for such sums, let alone furnish him with a multi-billion-dollar empire. Nevertheless, by 1991 Prince Alwaleed had felt able to risk an investment of $797m in Citicorp.

Who is Al-Waleed bin Talal Dating?

According to our records, Al-Waleed bin Talal married to Ameera Al-Taweel . As of December 1, 2023, Al-Waleed bin Talal’s is not dating anyone.

By 1989, his net worth was $1.4 billion, and included stakes in Canary Wharf, Four Seasons Hotel Group, and News Corporation. When Al-Waleed turned to the international market, he focused on “established brands going through hard times,” as Riz Khan puts it. Al-Waleed would do his homework, and then wait for the proper purchase entry point. He invested about $250 million in Chase Manhattan, Citigroup, Manufacturers Hanover, and Chemical Bank. After seven months, he sold his stakes in the other banks and concentrated on investing in Citicorp, acquiring 4.9 percent of the bank. Though the worst performing bank of the four, Al-Waleed considered Citicorp had the best potential.

Facts & Trivia

Al-Waleed Ranked on the list of most popular Business Executive. Also ranked in the elit list of famous people born in Saudi Arabia. Al-Waleed bin Talal celebrates birthday on March 7 of every year.

In Sept. 1990, Citibank was undercapitalized due to real estate credit losses and exposure to Latin America debt, prompting a need for a capital reserve. By Nov. they were actively seeking investors. Based on his banking experience in the Kingdom, Al-Waleed agreed in Jan. 1991 to invest $590 million, about half his accumulated wealth, in a five-year convertible security paying 11 percent interest. By Feb., that took his total investment in Citicorp to $797 million, or about 15 percent of the company. Though he had received a Federal Reserve temporary waiver to own such a large portion of the company, Al-Waleed sold enough shares in 1993 to get below the 10 percent threshold. Still, he was the largest shareholder in the largest US financial institution at the time. Yet, in Alwaleed’s words, “It is not a relationship, it’s an alliance. We are there forever with them.” Sandy Weill says of Al-Waleed, “I think what he did really saved the bank.”

Who is the richest Saudi prince?

Alwaleed bin Talal is a billionaire and member of the Saudi Arabian royal family. He is the founder of the Kingdom Holding Company.

Where is Waleed bin Talal now?

Alwaleed has accumulated an empire of luxury hotel properties. Today, he owns stakes in London’s Savoy Hotel, the George V hotel in Paris and the Four Seasons hotel group.

Who is the richest man in Saudi Arabia 2021?

Who Is The Sleeping Prince?

Who is the richest man on Earth?

In 2018, Amazon founder Jeff Bezos was ranked at the top for the first time and became the first centibillionaire included in the ranking, surpassing Microsoft founder Bill Gates, who had topped the list 18 of the previous 24 years. In 2022, after topping the list for four years, Bezos was surpassed by Elon Musk.

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