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June 10, 2010 5:42 by shafeer
Occupying the19th spot on this year’s Forbes Rich List, Prince Alwaleed bin Talal is Saudi Arabia’s richest man. The billionaire oil tycoon is a conglomerate unto himself. He is reportedly the fourth largest investor in Fox News – a company not known for its support of alternative fuels, observers contend, though he brushes off the implication, saying he’s not against alternative energy, just being practical.
The grandson of Lebanon’s first prime minister and nephew to Saudi King Abdullah, Alwaleed is also the head man and 95 percent owner of Kingdom Holding. Earlier this year, in an $847 billion transaction, affiliates of Qatar’s sovereign wealth fund bought a 40 percent stake in hotelier Fairmont Raffles Holdings International from Kingdom Holding. Later in the week, the prince and the emir had dinner together and the prince praised the “strategic alliance” represented by the deal. A very strategic alliance indeed.
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3 Comments
Your Highness,
I really appreciate your out of the box bold & intelligent thinking & decissions.
You have truly made your royal state the one to look upto.
May God Bless you & your loving Family always.
Thanking You.
Greetings from the Caribbean, your Royal Highness. I wish you the best for the future and many blessings to you and your family.
Greetings from the Caribbean to Prince Alwaleed Bin Talal, Mohammed Al Fayed & Akbar Al Baker. Wishing you all the best for the future.Have a nice day.