Kippreport investigates if oil prices aren’t the only cause for the market slumpAugust 27, 2015 12:00
Prince al Waleed bin Talal
Member of the Saudi royal family, one of world's richest men and serial investor, but who are the people most central to his fortunes.
March 31, 2008 9:59 by kippreport
With a net worth estimated at $20.3 billion he is the world’s richest Arab, and was nicknamed by Time magazine as the ‘Arab Warren Buffett’. His Kingdom Holding Company is said to have interests in Apple, Citicorp, Four Seasons hotels, Euro Disney, Fairmont Hotels, Motorola, NewsCorp and AOL. Last year he was rumored to be buying Everton FC, the English Premier League side.
“If I’m going to do something, I do it spectacularly or I don’t do it at all,” is one of his better quotes.
Dubbed ‘the rogue prince’ by the Times for his advocacy of political reforms, al Waleed has never shied from making bold statements, a rarity in the Arab world. He is now considered by some to be the strongest political contender among the third generation Saudi royals who will one day inherit power from the aging sons of the kingdom’s founder, Abdulaziz bin Saud.
UAE: Fuel cheaper in September
Real Estate: Slowdown because of ‘tighter rules’
6 ways to save money
CPL Aromas: ‘We are the company behind fragrance brands’
UAE: ‘Most attractive destination for professionals’