Prince Alwaleed richest Arab with $31bn fortune
Riyadh, June 19, 2014
Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC), was ranked number one in the Arabic and English issue of Arabian Business Magazine's World’s Richest Arabs list, 2013 with a personal fortune of $31.2 billion.
The English version published the following: “Whatever the Prince touches generally turns to gold, and 2013 was no exception…..”
Prince Alwaleed was ranked 21 in The Sunday Times “The 100 Richest in the World List” with a personal fortune of GBP18.5 billion ($31.17 billion) as of May 2014.
Prince Alwaleed is known for his precision for exploring new and potential business opportunities and ventures in synchronization with the direction and fluctuations of the economic climate. Moreover, the Prince is active in social responsibility projects through significant local and international donations made by Alwaleed Bin Talal Foundations span all the continents. – TradeArabia News Service