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Prince Alwaleed ... richest Arab

Prince Alwaleed ranked richest Arab with $28bn

RIYADH, February 25, 2015

Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company , has topped Arabian Business Magazine’s 2014 50 Richest Arab List for eleven consecutive years with a net worth of $28.1 billion.

Prince Alwaleed’s net worth consists of KHC shares, HRH’s stakes in local, regional and international investments, and private assets.

Prince Alwaleed has been featured in multiple respected and reliable lists that rank in order the wealthiest individuals in the world including:
1.    Bloomberg’s Billionaires Index with a personal fortune of $29.9 billion as of February 20.

2.    Hurun’s 2015 Global Rich List that is released by Hurun Report Inc. with a personal fortune of $30 billion as of February 3.

3.    The Sunday Times “The 100 Richest in the World List” with a personal fortune of GBP18.5 billion ($31.21 billion) as of 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, a statement said.

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, it added.

Alwaleed Foundations are involved in a wide spectrum of humanitarian and philanthropic activities in more than 84 countries. – TradeArabia News Service




Tags: Prince Alwaleed | net worth | Richest Arab |

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