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From renowned eye doctors to prominent entrepreneurs, the British royal is connected to businessmen across the Middle East.
April 12, 2009 10:20 by Dana El Baltaji
When Prince Charles married Camilla Parker Bowles in 2005, the newlyweds received $3 million worth of jewelry from Saudi Arabia’s royal family, including a diamond and ruby necklace from Prince Alwaleed bin Talal Alsaud, better known in the media as Alwaleed bin Talal.
In 2006, Alwaleed bin Talal invited Prince Charles to his home in Riyadh, Saudi Arabia. They discussed Saudi-British ties, as well as the charities both royals are involved with. Previously, in 2004, Alwaleed bin Talal donated $2 million to Prince Charles’s charity in Arpana, India.
Alwaleed bin Talal is a member of Saudi Arabia’s royal family and a prominent businessman in the Middle East. In 2009, he was ranked 22 on Forbes magazine’s “The World’s Billionaires” list, down three places from last year.
According to Forbes, Alwaleed bin Talal’s company shares, Kingdom Holding, fell by 60 percent since the financial crisis hit the region. Nevertheless, the prince has not scrapped plans to build the world’s tallest tower – reportedly a mile-high – in Jeddah, Saudi Arabia.