Al Waleed bin Talal Al Saud
Saudi billionaire investor and founder of Kingdom Holding Company.
Wpkbwc · CC BY-SA 4.0
- field
- Business, investment
- nationality
- Saudi Arabian
Lore & Background
Al Waleed bin Talal was born in Jeddah to Prince Talal bin Abdulaziz and Mona El Solh. His paternal grandfather was King Abdulaziz, the first king of Saudi Arabia, and his maternal grandfather was Riad Al Solh, Lebanon's first prime minister. His parents separated when he was seven, and he lived with his mother in Lebanon. He later acquired the underperforming United Saudi Commercial Bank, merging it with other banks to create a leading Middle Eastern bank. He also purchased stakes in Saks Fifth Avenue, Fairmont, the Plaza Hotel, the George V hotel in Paris, Euro Disney, Apple Inc., Motorola, Netscape, and News Corporation.
Reader's Guide
Prince Al Waleed bin Talal Al Saud is significant as a Saudi royal who built a global investment empire through the Kingdom Holding Company, focusing on distressed but established brands. His holdings have included major stakes in hotels (Four Seasons, Plaza, George V), technology (Apple, Motorola, Netscape), and media (News Corporation, Rotana).
Did You Know?
- Al Waleed is a grandson of both King Abdulaziz of Saudi Arabia and Riad Al Solh, Lebanon's first prime minister.
Gallery
Frequently Asked Questions
What is Al Waleed bin Talal Al Saud's main business role?
He founded the Kingdom Holding Company and serves as its CEO, holding a 95 percent ownership stake in the Saudi conglomerate.
What are Al Waleed bin Talal Al Saud's most notable investments?
His portfolio includes major stakes in Citicorp, Apple, Four Seasons Hotels, and News Corporation, spanning banking, technology, hospitality, and media.
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