Welcome! I’m Andomoney, your guide to uncovering the financial landscape behind some of the world’s most influential figures.
Today, let’s dive into Prince Al Waleed bin Talal Al Saud net worth and explore the journey that has made him one of the wealthiest figures in the Saudi Arabian royal family.
Al Waleed’s path to immense wealth includes strategic investments through his company, Kingdom Holding, spanning sectors like banking, technology, real estate, and entertainment.
Let’s explore his career, financial achievements, and the unique strategies that built his wealth.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Al Waleed bin Talal bin Abdulaziz Al Saud |
| Popular Name | Prince Al Waleed |
| Gender | Male |
| Birth Date | March 7, 1955 |
| Age | 69 |
| Parents | Prince Talal bin Abdulaziz, Mona El Solh |
| Siblings | Khalid bin Talal Al Saud |
| Birthplace | Jeddah, Saudi Arabia |
| Nationality | Saudi Arabian |
| Ethnicity | Arab (Saudi and Lebanese descent) |
| Education | Syracuse University (1985), Menlo College (1979) |
| Marital Status | N/A |
| Spouse | Ameera Al-Taweel (m. 2008–2013), Dalal bint Saud Al Saud (m. 1976–1994) |
| Children | Khaled bin Alwaleed Al Saud, Reem bint Al-Waleed bin Talal bin Abdulaziz Al Saud |
| Dating | N/A |
| Net Worth | $17 billion |
| Source of Wealth | Investments through Kingdom Holding |
| Height | 5 ft 6 in (1.68 m) |
What is the Net Worth of Prince Al Waleed bin Talal Al Saud in 2024?
Prince Al Waleed bin Talal Al Saud’s net worth is estimated at $17 billion in 2024, making him one of the wealthiest royals in Saudi Arabia.
His wealth is amassed from his massive stake in Kingdom Holding Company, among other global investments. When compared to others in finance, he stands among industry titans.
Here are some of his influential peers:
- Mohammed bin Salman
- Sheikh Mansour bin Zayed Al Nahyan
- Warren Buffett
- Larry Ellison
- Jeff Bezos
- Mukesh Ambani
- Elon Musk
- Jack Ma
- Carlos Slim
- Larry Page
For more context on how he ranks with other influential leaders in government and business, explore our page on the most powerful individuals in politics and finance.
Prince Al Waleed bin Talal Al Saud Salary and Finance Overview
Diverse Investment Strategy
Prince Alwaleed’s approach to wealth-building rests on a strategic diversification across numerous sectors. From real estate and banking to technology and entertainment, his portfolio reflects a breadth of investments that balances both stability and high returns.
His substantial investments in Citibank during challenging financial periods demonstrated both his commitment to long-term investment strategies and a keen ability to capitalize on opportunities when they were most favorable.
Other high-profile stakes, such as in Twitter, Apple Inc., and News Corporation, further showcase his dedication to influential and future-oriented enterprises. This blend of caution and opportunity enables him to navigate and sustain his wealth through fluctuating markets.
Key Real Estate Ventures and Financial Impact
Real estate forms a cornerstone of Prince Alwaleed’s wealth portfolio, including notable properties such as the Four Seasons Hotel George V in Paris and the Plaza Hotel in New York.
His Kingdom Tower project, aimed at creating the tallest building in the world, is a testament to his ambition and vision in real estate.
Contributions to the Luxury and Hospitality Sectors
Prince Alwaleed’s involvement in the luxury and hospitality sectors extends far beyond traditional real estate. His stake in Saks Fifth Avenue, as well as his investment in the Fairmont Hotels, positions him among the major players in high-end retail and hospitality.
These assets cater to global markets and generate substantial revenue through luxury consumer spending. Through these brands, Prince Alwaleed has established a robust financial presence that complements his broader investment portfolio.
Financial Influence Through Kingdom Holding Company
Kingdom Holding Company serves as the primary vehicle for Prince Alwaleed’s investments. As its CEO and founder, he has amassed and managed a portfolio that spans from banking and media to real estate and technology.
His role within the company enables him to navigate and influence diverse sectors, ensuring both growth and financial security.
Major Awards and Recognition Reflecting Financial Influence
Recognition has followed Prince Alwaleed’s career, with honors such as inclusion in Time magazine’s list of the 100 most influential people and consistent placements on Forbes’ Rich List.
His achievements underscore his role as one of the most impactful investors and philanthropists of his time.
Influence of His Philanthropic Ventures on His Legacy
He has pledged $32 billion to causes related to education, youth empowerment, disaster relief, and cultural understanding.
Alwaleed Philanthropies, his charitable organization, has helped fund centers for interfaith studies at Georgetown University, Harvard University, and Cambridge University, among others.
His philanthropy adds a respected dimension to his legacy, allowing his wealth to benefit communities worldwide.
Luxury Assets that Add to His Wealth
In addition to his hotels, Alwaleed’s portfolio includes prestigious properties across Europe, the U.S., and Saudi Arabia. He also possesses private aircraft, such as a Boeing 747 and Airbus A321, which underscore his lifestyle and status.
His assets reflect not only his taste for luxury but also his strategic acquisitions, adding value to his extensive real estate holdings.
Significant Challenges and Legal Affairs
Prince Alwaleed faced notable challenges in 2017 during a Saudi anti-corruption purge led by Crown Prince Mohammed bin Salman.
He and other prominent individuals were detained, but Alwaleed was released after a financial settlement. Although he endured reputational impacts, the incident did not affect his business portfolio significantly, reflecting his resilience.
FAQs about Prince Al Waleed bin Talal Al Saud
What are the main investments of Kingdom Holding?
Kingdom Holding, founded by him, focuses on sectors including banking, technology, real estate, and media.
What properties does Prince Alwaleed own internationally?
He owns the Four Seasons Hotel George V in Paris, part of Plaza Hotel in New York, and several luxury properties globally.
Which technology companies has he invested in?
Alwaleed has invested in Apple, Twitter, Motorola, and Netscape.
How has his philanthropic work impacted his legacy?
His philanthropic organization supports causes such as education, cultural understanding, and disaster relief.
What major educational donations has he made?
He has funded centers at Georgetown, Harvard, and Cambridge Universities.
How many children does Prince Alwaleed have?
He has two children.
Which sectors does Kingdom Holding prioritize for investments?
His company prioritizes finance, real estate, hospitality, technology, and media.
Conclusion
Prince Al Waleed bin Talal Al Saud’s wealth and influence stretch across industries and borders. If you enjoyed this exploration, feel free to leave a comment or dive into more content at andomoney.com.
