People

Last Updated: Wed, Jul 1 2015 | 3:05 PM |

Prince Alwaleed Bin Talal Al Saud

Country:

Saudi Arabia

About:
The last year that has, even by his standards, been extraordinary, with Kingdom Holding’s investment strategy across thirteen different sectors paying off big time. He withstood calls to withdraw from News Corp after the phone hacking scandal, and has now seen its share price hit a five-year high.

He resisted the pressure to jump on the Facebook bandwagon before its disastrous IPO, and was savvy enough to nab a $300m investment in Twitter, which observers suggest has rocketed in value. And his decision to stick with Citigroup through many years of thick and thin also now looks completely vindicated. But it’s the prince’s key investments that have made a huge difference, including a 34 percent jump this year in News Corp’s share price. “I have a very structured life: every day the same thing,” the prince told us last year. “That it is like I am on autopilot and why should I change it? It is a recipe for success. If it ain’t broke, why fix it?” Why indeed.

Related articles

Prince Alwaleed to give entire fortune to charity

Prince Alwaleed to give entire fortune to charity

Wednesday, 1 July 2015 2:06 PM

Saudi billionaire, the world's richest Arab with $32bn, makes historic announcement during Ramadan

Prince Alwaleed and Forbes settle libel case

Prince Alwaleed and Forbes settle libel case

Tuesday, 16 June 2015 12:54 PM

Case related to US magazine's annual rich list, which saw the Saudi billionaire excluded from top 10

'I really love James Murdoch,' says Prince Alwaleed

'I really love James Murdoch,' says Prince Alwaleed

Wednesday, 22 April 2015 10:47 AM

Saudi royal and stakeholder endorses Rupert's son taking a bigger role at 21st Century Fox

Prince Alwaleed's Kingdom Holding posts 10% rise in Q1 net profit

Prince Alwaleed's Kingdom Holding posts 10% rise in Q1 net profit

Tuesday, 21 April 2015 10:33 AM

It attributed the increase to rising income from dividends and associates, as well as to a fall in finance charges

Alarab employees banned from leaving Bahrain

Alarab employees banned from leaving Bahrain

Sunday, 15 March 2015 10:41 AM

A court has prevented 6 employees of Prince Alwaleed’s TV station, which was shut down in February, from leaving the kingdom over unpaid bank loans

Exclusive: Alarab TV to resume 'with the same reporting standards': GM

Exclusive: Alarab TV to resume 'with the same reporting standards': GM

Thursday, 19 February 2015 9:54 AM

The general manager of Prince Alwaleed’s Alarab TV station, suspended on its second day of broadcasting from Bahrain, says it will resume without compromising its independent reporting standards

Prince Alwaleed meets with Google chairman Eric Schmidt

Prince Alwaleed meets with Google chairman Eric Schmidt

Tuesday, 3 February 2015 11:52 AM

During their meeting, two discussed the prince's investments in the US and possible future investments in the technology field.

Prince Alwaleed's Kingdom Holding Q4 net profit up 15%

Prince Alwaleed's Kingdom Holding Q4 net profit up 15%

Wednesday, 21 January 2015 10:01 AM

Saudi investment house made a net profit of $70.84m in the three months to December 31

‘We have reached the danger point,’ Prince Alwaleed says of Saudi budget

‘We have reached the danger point,’ Prince Alwaleed says of Saudi budget

Sunday, 4 January 2015 10:38 AM

Saudi billionaire criticises largest-ever budget deficit, calls for spending to slow as oil prices plummet

“Women’s rights have regressed since the time of the Prophet,” says Alwaleed

“Women’s rights have regressed since the time of the Prophet,” says Alwaleed

Tuesday, 30 December 2014 12:21 PM

Saudi royal also called for the lifting of the ban on women being able to drive in the kingdom

Some Saudi ministers are 'arrogant and superior,' says Prince Alwaleed

Some Saudi ministers are 'arrogant and superior,' says Prince Alwaleed

Sunday, 28 December 2014 11:29 AM

Billionaire businessman said some government leaders need to “do more for the Saudi citizen”

The World’s Richest Arabs 2014

The World’s Richest Arabs 2014

Sunday, 7 December 2014 8:24 AM

Welcome to the eleventh edition of the Arabian Business Rich List, our annual countdown of the world’s richest Arabs.

Prince Alwaleed tops 2014 Arab Rich List with $28.1bn

Prince Alwaleed tops 2014 Arab Rich List with $28.1bn

Sunday, 7 December 2014 8:24 AM

Saudi prince takes number one slot for eleventh year running

Prince Alwaleed claims victory in Forbes libel case

Prince Alwaleed claims victory in Forbes libel case

Thursday, 27 November 2014 11:11 AM

Saudi royal sued US magazine over claims he dishonestly manipulated the share price of Kingdom Holding

Prince Alwaleed said be in talks to launch $125m takeover bid for Marseille football club

Prince Alwaleed said be in talks to launch $125m takeover bid for Marseille football club

Wednesday, 26 November 2014 11:25 AM

Stumbling block for the deal is the widow of the current owner, who is reluctant to sell

Alwaleed-backed News Corp sees revenue up 4% on the back of higher book sales

Alwaleed-backed News Corp sees revenue up 4% on the back of higher book sales

Thursday, 6 November 2014 4:59 PM

Revenue at the news and information unit, which includes Wall Street Journal and New York Post, fell about 3%

Prince Alwaleed offers Saudi football players $26,000 bonus payday

Prince Alwaleed offers Saudi football players $26,000 bonus payday

Thursday, 30 October 2014 10:43 AM

Royal also said he would pay for free entry for all fans of Al-Hilal, with the stadium able to host a crowd of in excess of 65,000

I have “a fundamental difference” with the oil minister, says Prince Alwaleed

I have “a fundamental difference” with the oil minister, says Prince Alwaleed

Wednesday, 22 October 2014 11:38 AM

Saudi businessman was asked in a US interview if the minister should resign

Alwaleed-backed Disneyland Paris said to be planning Star Wars attraction

Alwaleed-backed Disneyland Paris said to be planning Star Wars attraction

Sunday, 14 September 2014 12:17 PM

French theme park will celebrate its 25th anniversary in 2017, which will also be the 40th anniversary of the first movie

Prince Alwaleed-backed Disneyland Paris see 4% drop in revenues

Prince Alwaleed-backed Disneyland Paris see 4% drop in revenues

Thursday, 7 August 2014 11:22 AM

European officials hope newly opened Ratatouille ride will turnaround falling attendance


Related searches

The winds of change

Sunday, 19 February 2012 2:41 PM

Now is an opportune time to begin serious political reform says Prince Alwaleed Bin Talal Al Saud

Regional Leaders- Prince Alwaleed bin Talal Al Saud

Saturday, 1 December 2007 8:57 PM

Regional Leaders- Prince Alwaleed bin Talal Al Saud

World's 20 Richest People- Prince Alwaleed bin Talal Al Saud

Saturday, 1 December 2007 8:27 PM

World's 20 Richest People- Prince Alwaleed bin Talal Al Saud

Larger than life

Sunday, 10 November 2002 4:00 AM

Plummeting stock prices have done nothing to dampen the enthusiasm of Prince Alwaleed bin Talal Al Saud. Arabian Business spends a day with a larger than life prince.

Prince buys 49% stake in channel

Tuesday, 23 December 2003 4:00 AM

Prince Alwaleed Bin Talal Bin Abdulaziz al Saud, chairman of Saudi Arabia's Kingdom Holding Company (KHC) bought a 49% stake in LBCSAT, the Lebanon-based satellite television channel.

Alwaleed places bid for KirchMedia’s majority stake in ProSiebenSat 1

Tuesday, 29 October 2002 4:00 AM

While shadowing HRH Prince Alwaleed bin Talal bin Abdulaziz Al Saud on a two day visit to the UAE, Arabian Business has learned that Kingdom Holding Company, which Prince Alwaleed is chairman of, is placing...

Fairmont flags The Savoy

Sunday, 13 February 2005 4:00 AM

Fairmont Hotels & Resorts’ management agreement for The Savoy in London and the adjacent Simpson’s-in-the-Strand restaurant is now complete, following the recent sale of The Savoy to Kingdom Hotels International...

Most Popular
This Week's Magazine »

Cover Story

Open for business
The opening of Saudi Arabia’s stock market was greeted by heavy news coverage from around the world. Experts say it may take years for the impact of the move to be fully felt.

Also in this issue

Subscribe Now