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Famous Saudi royal family Prince Alwaleed Bin Talal Alsaud is an investor and businessman with an estimated net worth of $15 billion as of April 2019.
Of Lebanese and Saudi Arabian nationality, Al Waleed bin Talal was born on March 7, 1955 in Jeddah Saudi Arabia. He is a graduate of Menlo College with a bachelor's degree in business administration and Syracuse University where he completed his master's degree in social science.
He started getting a great deal of prominence in the 1990's when he bought substantial amounts of shares in Citicorp, which was then amidst a controversial crisis. Today, his holdings in Citigroup is estimated to be around $1 billion.
In 1997, he was reported to own 5% of News Corporation and as of 2010, his shares increased to 10%. He had also invested in various companies which include AOL, Fox News, Motorola, MCI Inc., Apple Inc., airline company TWA, Eastman Kodak, Four Seasons hotel chain, New York-based Plaza Hotel, Monte Carlo Grand Hotel in Monaco, Savoy Hotel in London, Euro Disney SCA, and Saudi Research and Marketing Group (SRMG).
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2012 |
Sale of Asset |
Value of the iconic Four Seasons Hotel in Toronto which be bought through his Kingdom Holding Investment Group |
$200,000,000 |
|
2011 |
Asset |
Value of his investment in Twitter through the purchase of secondary shares from insiders |
$300,000,000 |
|
2009 |
Asset |
Value of his yacht called the New Kingdom 5KR |
$500,000,000 |
|
2009 |
Asset |
Value of his stake in News Corp. which is around 7 percent |
$3,000,000,000 |
|
2005 |
Asset |
Value of the Toronto-based Fairmont Hotels and Resort which was acquired throught Kingdom Holding |
$3,900,000,000 |
|
1996 |
Asset |
Value of his 5% stake in Apple which is currently valued at $6.8 billion |
$115,000,000 |
|
1990 |
Sale of Asset |
Value of his yacht, Kingdom 5KR, which was bought by Donald Trump after his second bankruptcy |
$40,000,000 |
|
1990 |
Asset |
Value of the new preferred shares he bought and converted to common shares at $16 each |
$590,000,000 |
|
1989 |
Asset |
Value of his 4.9 percent existing common share at Citicorp ($12.46 per share) |
$207,000,000 |