Al-Waleed bin Talal - Business Magnate, Timeline and Personal Life

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Al-Waleed bin Talal's Personal Details

Al Waleed Bin Talal is the owner of ‘Kingdom Holding Company’ and is one of the richest individuals in the world

InformationDetail
BirthdayMarch 7, 1955
NationalitySaudi Arabian
FamousBusiness Magnate, Humanitarian, Syracuse University, University Of Exeter, Business People, Real Estate Entrepreneurs
SpousesAmeera Al-Taweel, Asmaa bint Eidan bin Nayef Al Taweel Al Osaimi Al Otaibi, Khlood Al-Sarhani, Maha Al Saeed Al-Tamimi, Princess Dalal bint Saud bin Abdul Aziz, Princess Iman Bint Nasser Al-Sudairy
SiblingsKhaled bin Talal bin Abdul Aziz Al Saud
Known asPrince Al-Waleed bin Talal bin Abdul Aziz Al Saud, Arabian Warren Buffett, Prince Alwaleed bin Talal Abdulaziz Alsaud, Alwaleed Bin Talal Bin Abdul Aziz Alsaud
Childrens Prince Khaled bin Talal, Princess Reem bin Talal
Universities
  • Syracuse University,University Of Exeter
  • 1979 - Menlo College
  • 1985 - Maxwell School of Citizenship and Public Affairs
  • Syracuse University
  • University of Exeter
Notable Alumnis
  • Syracuse University
  • University Of Exeter
Founder / Co-Founder
  • Kingdom Holding Company
  • Rotana Records
  • Al-Resalah Satellite TV
Birth PlaceRiyadh
ReligionIslam
Height168cm
GenderMale
FatherTalal bin Abdulaziz Al Saud
MotherPrincess Mona El-Solh
Net Worth$22.8 Billion as of Mar 2017
Sun SignPisces
Born inRiyadh
Famous asBusiness magnate

// Famous Business Magnate

Al-Waleed bin Talal's photo

Who is Al-Waleed bin Talal?

Al Waleed Bin Talal is one of the richest individuals in the Middle East, who has proved that he has more to him than a good fortune and a luxurious lifestyle. At a really young age, this man rose to fame in the middle-Eastern nation by establishing his real estate firm ‘Kingdom Holding Company’. He then ventured into the field of finance and became associated with multi-Billion dollar enterprises like ‘Citicorp’. He even went on to invest in many renowned firms, like computer wizard Steve Jobs’ ‘Apple Inc’, ‘AOL’, and several hospitality giants. At a later stage of his life, this business honcho started being actively involved with philanthropic activities, which included empowerment of women from Saudi Arabia, providing scholarships and eradication of poverty. He has also generously donated a huge amount of money towards the rehabilitation of victims of natural disasters such as the ‘Tsunami’. He even went on to encourage a woman named Hanadi Zakaria al-Hindi in pursuing her dream of flying an airplane. Due to Waleed’s substantial help, the woman went on to become ‘The First Female Pilot’ of Saudi Arabia. To learn more about the life and achievements of Al Waleed Bin Talal, read on

// Famous Business People

Childhood & Early Life

Al Waleed was born to the Monarch named Prince Talal and his wife Mona Al Solh on 7th of March, 1955, in the middle-eastern city of Jordan.

His father was actively involved in the country’s political affairs and was even appointed its Finance minister. However, he was overthrown from power due to a political turmoil and was forced into exile.

His parents officially parted ways in 1969, through a divorce, after which Waleed resided with his mother at Lebanon. During his younger days, Bin Talal was quite undisciplined and would frequently escape from his residence. He would then end up resting in cars parked on the streets during the nights.

The youngster completed his primary education from a military institution in Riyadh, which he claims instilled discipline in him. Talal later moved to the United States where he pursued his studies at an institution named ‘Menlo College’.

Career

After graduating from ‘Menlo’ in 1979, Talal returned to his home turf to embark on his own business venture. Saudi Arabia’s economy had flourished significantly during the period due to the boom in its oil business.

This state of the nation’s economy immensely helped this young man who ventured into real estate and construction at the time. The idea of initiating his business at the time of the Saudi Arabia’s oil boom helped Al-Waleed strike gold.

He then acquired an underperforming financial institution named ‘United Saudi Commercial Bank’. Later, he merged this bank with other enterprises like ‘Saudi Cairo Bank’ and ‘SAMBA’. The ‘United Saudi Commercial Bank’ went on to become one of the best financial organizations in the whole of Middle East.

Al-Waleed bought a huge chunk of shares of the financial giant ‘Citicorp’ in 1991, a time when the bank was undergoing a great crisis. He later went on to even bail out the renowned organization ‘Citibank’, with an amount of $550 Million. It is believed that the business baron owns stakes worth $1 Billion in the ‘Citigroup’ firm today.

During the year 1997, the popular magazine ‘Time’ had claimed that Al-Waleed owned a stake of 5% in the American media giant ‘News Corporation’.

Talal later went on to invest in firms like ‘AOL’, ‘Apple Inc.’, the film manufacturing giant ‘Eastman Kodak’, ‘TWA’ – a renowned airline, the ‘Four Seasons’ group of hotels and even the highly reputed ‘Plaza’. In 2004, he went on to sell a significant number of shares he had with the firm ‘Plaza’.

The Prince went on to purchase the renowned ‘Savoy Hotel’ located in London for a staggering $250 Million, during early 2005. He even sold the stakes he owned in the Steve Jobs owned ‘Apple Inc.’ during the same year.

In 2006, his firm, ‘Kingdom Holding Company’, entered into an acquisition deal with a firm named ‘Colony Capital’, to clutch the ‘Fairmont Group of Hotels’. The deal thus made was worth a whopping $3.9 Billion.

A few sources of the media reported that Bin Talal had a say in stakes worth 35% in the Middle-Eastern media giant ‘SRMG’.

The business honcho publicly declared in 2011 that he would collaborate with the Saudi Arabian construction firm ‘Bin Laden’ group to construct ‘The Tower of One Mile’, which would become the highest building in the world, once it is ready.

The same year, Al-Waleed also invested a whopping $300 Million in the world-renowned, multi-Million dollar, social networking site ‘Twitter’.

Major Works

His stake in ‘Twitter’ had grabbed attention from world over, especially during the year 2011. It was later reported that Waleed’s stake in the firm was approximately $8 Billion.

Awards & Achievements

During the year 2009, Al Waleed received ‘The Order of Izzudin’, from Mohammed Nasheed, the President of the island nation of Maldives. He was also felicitated with the ‘State of Palestine’ award in the same year.

The businessman was honoured with the ‘Dwight D Eisenhower Award For Innovation’, in 2010.

Bin Talal was awarded the ‘Bahrain Medal of the First Order’, ‘Mahaujjval Rashtradip Mandapvi’ and ‘Colina De Boe Medal’, honours, in the year 2012 respectively.

Personal Life & Legacy

This business tycoon from Saudi Arabia has a sister named Sultana Narul, who is also a stake holder of the ‘Fairmont Hotels and Resorts’hospitality empire. She reportedly owns stakes worth 16% of the total capital.

Bin-Talal first tied the knot with the member of a royal family, named Dalal Bint Saud, but the relationship ended a short while later. The couple had two kids, namely Khalid and Reem. He later got married to a Saudi Arabian princess named Ameera Al Taweel. This relationship too didn’t last too long and ended in November 2013.

Bin-Talal owns super luxurious palaces and hospitality concerns such as ‘Kingdom Resort’, ‘Kingdom Palace’ and ‘Kingdom Oasis’. Apart from these he also owns a yacht named ‘Kingdom 5KR’, which is one of the longest vessels of its kind in the whole world

The business tycoon is a co-founder of the firm named ‘Alwaleed Bin Talal Foundation’, a humanitarian initiative aimed at alleviating social problems such as poverty and helping victims of natural disasters overcome their aftermath.

In a bid to encourage education, this businessman had contributed around $500,000 to the ‘George Hebert Walker Bush’ scholarship, an initiative of the educational institution named ‘Philips Academy’, in 2002.

The same year, he donated 18.5 million Euros to the Palestinian families, who suffered due to the political conflict between their nation and the neighbouring Israel.

He even gave away $17 Million to those families which were devastated by the aftermath of the killer ‘Tsunami’ tragedy, which struck the Indian Ocean in 2004.

On behalf of Al Waleed’s initiative, his former wife Ameera, still travels extensively throughout Saudi Arabia in a bid to encourage women empowerment across Saudi Arabia.

According to the world renowned media channel ‘British Broadcasting Network’ (BBC), Al-Waleed would be donating a whopping $32 Billion towards the welfare of the society.

Net Worth

As of early 2015, it is estimated that this business honcho’s net worth is around $22.8 Billion.

Trivia

Al Waleed had offered a cheque worth $10 Million to the mayor of New York City, named Rudy Giuliani, immediately after the devastating ‘World Trade Center’ attacks of 2012.

// Famous Alumni of Syracuse University

Al-Waleed bin Talal biography timelines

  • // 7th Mar 1955
    Al Waleed was born to the Monarch named Prince Talal and his wife Mona Al Solh on 7th of March, 1955, in the middle-eastern city of Jordan.
  • // 1969
    His parents officially parted ways in 1969, through a divorce, after which Waleed resided with his mother at Lebanon. During his younger days, Bin Talal was quite undisciplined and would frequently escape from his residence. He would then end up resting in cars parked on the streets during the nights.
  • // 1979
    After graduating from ‘Menlo’ in 1979, Talal returned to his home turf to embark on his own business venture. Saudi Arabia’s economy had flourished significantly during the period due to the boom in its oil business.
  • // 1991
    Al-Waleed bought a huge chunk of shares of the financial giant ‘Citicorp’ in 1991, a time when the bank was undergoing a great crisis. He later went on to even bail out the renowned organization ‘Citibank’, with an amount of $550 Million. It is believed that the business baron owns stakes worth $1 Billion in the ‘Citigroup’ firm today.
  • // 1997
    During the year 1997, the popular magazine ‘Time’ had claimed that Al-Waleed owned a stake of 5% in the American media giant ‘News Corporation’.
  • // 2002
    In a bid to encourage education, this businessman had contributed around $500,000 to the ‘George Hebert Walker Bush’ scholarship, an initiative of the educational institution named ‘Philips Academy’, in 2002.
  • // 2004
    Talal later went on to invest in firms like ‘AOL’, ‘Apple Inc.’, the film manufacturing giant ‘Eastman Kodak’, ‘TWA’ – a renowned airline, the ‘Four Seasons’ group of hotels and even the highly reputed ‘Plaza’. In 2004, he went on to sell a significant number of shares he had with the firm ‘Plaza’.
  • // 2004
    He even gave away $17 Million to those families which were devastated by the aftermath of the killer ‘Tsunami’ tragedy, which struck the Indian Ocean in 2004.
  • // 2005
    The Prince went on to purchase the renowned ‘Savoy Hotel’ located in London for a staggering $250 Million, during early 2005. He even sold the stakes he owned in the Steve Jobs owned ‘Apple Inc.’ during the same year.
  • // 2006
    In 2006, his firm, ‘Kingdom Holding Company’, entered into an acquisition deal with a firm named ‘Colony Capital’, to clutch the ‘Fairmont Group of Hotels’. The deal thus made was worth a whopping $3.9 Billion.
  • // 2009
    During the year 2009, Al Waleed received ‘The Order of Izzudin’, from Mohammed Nasheed, the President of the island nation of Maldives. He was also felicitated with the ‘State of Palestine’ award in the same year.
  • // 2010
    The businessman was honoured with the ‘Dwight D Eisenhower Award For Innovation’, in 2010.
  • // 2011
    The business honcho publicly declared in 2011 that he would collaborate with the Saudi Arabian construction firm ‘Bin Laden’ group to construct ‘The Tower of One Mile’, which would become the highest building in the world, once it is ready.
  • // 2011
    His stake in ‘Twitter’ had grabbed attention from world over, especially during the year 2011. It was later reported that Waleed’s stake in the firm was approximately $8 Billion.
  • // 2012
    Bin Talal was awarded the ‘Bahrain Medal of the First Order’, ‘Mahaujjval Rashtradip Mandapvi’ and ‘Colina De Boe Medal’, honours, in the year 2012 respectively.
  • // 2012
    Al Waleed had offered a cheque worth $10 Million to the mayor of New York City, named Rudy Giuliani, immediately after the devastating ‘World Trade Center’ attacks of 2012.
  • // Nov 2013
    Bin-Talal first tied the knot with the member of a royal family, named Dalal Bint Saud, but the relationship ended a short while later. The couple had two kids, namely Khalid and Reem. He later got married to a Saudi Arabian princess named Ameera Al Taweel. This relationship too didn’t last too long and ended in November 2013.
  • // 2015
    As of early 2015, it is estimated that this business honcho’s net worth is around $22.8 Billion.

// Famous Humanitarian

Al-Waleed bin Talal's FAQ

  • What is Al-Waleed bin Talal birthday?

    Al-Waleed bin Talal was born at 1955-03-07

  • Where is Al-Waleed bin Talal's birth place?

    Al-Waleed bin Talal was born in Riyadh

  • What is Al-Waleed bin Talal nationalities?

    Al-Waleed bin Talal's nationalities is Saudi Arabian

  • Who is Al-Waleed bin Talal spouses?

    Al-Waleed bin Talal's spouses is Ameera Al-Taweel, Asmaa bint Eidan bin Nayef Al Taweel Al Osaimi Al Otaibi, Khlood Al-Sarhani, Maha Al Saeed Al-Tamimi, Princess Dalal bint Saud bin Abdul Aziz, Princess Iman Bint Nasser Al-Sudairy

  • Who is Al-Waleed bin Talal siblings?

    Al-Waleed bin Talal's siblings is Khaled bin Talal bin Abdul Aziz Al Saud

  • Who is Al-Waleed bin Talal childrens?

    Al-Waleed bin Talal's childrens is Prince Khaled bin Talal, Princess Reem bin Talal

  • What was Al-Waleed bin Talal universities?

    Al-Waleed bin Talal studied at Syracuse University,University Of Exeter, 1979 - Menlo College, 1985 - Maxwell School of Citizenship and Public Affairs, Syracuse University, University of Exeter

  • What was Al-Waleed bin Talal notable alumnis?

    Al-Waleed bin Talal's notable alumnis is Syracuse University, University Of Exeter

  • Which company or organization was founded by Al-Waleed bin Talal?

    Al-Waleed bin Talal was the founder/co-founder of Kingdom Holding Company, Rotana Records, Al-Resalah Satellite TV

  • What is Al-Waleed bin Talal's religion?

    Al-Waleed bin Talal's religion is Islam

  • How tall is Al-Waleed bin Talal?

    Al-Waleed bin Talal's height is 168

  • Who is Al-Waleed bin Talal's father?

    Al-Waleed bin Talal's father is Talal bin Abdulaziz Al Saud

  • Who is Al-Waleed bin Talal's mother?

    Al-Waleed bin Talal's mother is Princess Mona El-Solh

  • What is Al-Waleed bin Talal's sun sign?

    Al-Waleed bin Talal is Pisces

  • How famous is Al-Waleed bin Talal?

    Al-Waleed bin Talal is famouse as Business magnate