Saudi businessman and investor Prince Al-Waleed Bin Talal al Saud has an estimated net worth of $26 billion as of 2015, according to Forbes. This tumbled down to $15.2 billion as of October 2018.
Member of the Saudi royal family, Al-Waleed was born on 7 March 1955 in Jeddah, Saudi Arabia. He is a grandson of first Saudi king Ibn Saud. He earned his bachelor’s degree in business administration from the Menlo College in California in 1979, and then gained a master’s degree in social science with honors from Syracuse University in 1985.
Al-Waleed started his business career in 1979 after graduating from Menlo College. He returned to Saudi Arabia and made the most of the oil boom. He based his business in Riyadh and became active in construction contract and real estate.
Al-Waleed is the founder, CEO and 95 percent-owner of the Kingdom Holding Company. He owns stakes in private and public companies in the US, Europe and the Middle East, mostly through the company.
Al-Waleed is involved in many philanthropic endeavors. Immediately after the 9/11 attacks, he handed over a check for $10 million to the mayor of New York City overriding opposition in the Kingdom. He announced in 2015 that he would donate his entire wealth to charity at an unspecified date. He has been married thrice and divorced thrice.