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World Top Persons

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World Top Billionaires

WORLD TOP BILLIONAIRES

Prince Al-Walid bin Talal bin Abdul Aziz Al Saud, born 7 March 1955 and commonly known as Prince Al-Walid, is a member of the Saudi Royal Family, and an entrepreneur and international investor. He has amassed his fortune through investments in properties and the Stock Market. As of 2007, his net worth is estimated at US$29.5 billion, according to the Arabian Business rich list published December 2,2007. In January 2006, with a partner, announced a $3.9 billion deal to buy Fairmont Hotel & Resorts. In February listed his hotel holdings on the Dubai stock exchange. Planning to take his main investment group, Kingdom Holdings, public on the Saudi exchange later this year.

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