Al-Waleed bin Talal
Prince Al-Waleed bin Talal is a prominent Saudi Arabian businessman and a member of the Saudi royal family. Born on March 7, 1955, in Jeddah, Saudi Arabia, he is known for his extensive investments in various industries worldwide. Here is a brief biography of Al-Waleed bin Talal: Early Life and Education: Al-Waleed bin Talal is the grandson of Ibn Saud, the founder of the Kingdom of Saudi Arabia. He received his education in Riyadh and later attended Menlo College in California, where he earned a bachelor's degree in business administration. Business Career: Al-Waleed began his business career in the 1970s, initially working in the construction and real estate sectors. In 1980, he founded Kingdom Holding Company, a diversified investment company based in Riyadh. Kingdom Holding Company has since become one of the largest investment firms in the world. Investments: Prince Al-Waleed bin Talal has made significant investments in various industries, including finance, technology, media, and hospitality. He holds substantial stakes in well-known companies such as Citigroup, Twitter, Lyft, and Euro Disney. Al-Waleed has been involved in numerous high-profile real estate projects, including the Kingdom Centre in Riyadh and the Kingdom Tower, which is part of the Jeddah Economic City development. Philanthropy: Known for his philanthropic efforts, Al-Waleed has donated large sums of money to various causes, including education, healthcare, and disaster relief. In 2015, he announced his intention to donate the majority of his wealth to charitable causes through his organization, Alwaleed Philanthropies. Political Involvement: Al-Waleed bin Talal has at times been involved in Saudi Arabian politics, expressing his views on economic and social issues. In November 2017, he was detained as part of an anti-corruption crackdown initiated by the Saudi government. He was released a few months later after reaching a financial settlement.