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Last Updated: Fri, Oct 24 2014 | 10:32 PM |

Prince Alwaleed Bin Talal Al Saud

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Saudi Arabia

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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.

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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

Prince Alwaleed's new Arabic news channel starts recruitment drive

Prince Alwaleed's new Arabic news channel starts recruitment drive

Monday, 4 August 2014 5:33 PM

Staff being hired by Al Arab News Channel ahead of launch later this year

Alwaleed-backed Twitter's user growth up 24% in Q2

Alwaleed-backed Twitter's user growth up 24% in Q2

Wednesday, 30 July 2014 11:57 AM

Saudi billionaire invested in the social media site in 2011

Kingdom Tower to have world's fastest double-decker lift

Kingdom Tower to have world's fastest double-decker lift

Tuesday, 10 June 2014 11:24 AM

Elevators will travel at a speed of over 10 metres a second up the 1km tall tower upon completion in 2018

Prince Alwaleed gives lonely, paralysed man $133,000

Prince Alwaleed gives lonely, paralysed man $133,000

Tuesday, 13 May 2014 10:57 AM

Saudi billionaire said he would personally deliver the money to a young man who posted on Twitter that his family hadn’t visited him & he needed money for treatment

Prince Alwaleed eyes investment in Greece

Prince Alwaleed eyes investment in Greece

Thursday, 8 May 2014 11:02 AM

Saudi billionaire met with Greek prime minister and his government in Athens

Prince Alwaleed gifts 25 cars to winning Saudi football club

Prince Alwaleed gifts 25 cars to winning Saudi football club

Monday, 7 April 2014 10:56 AM

Team and staff at Nasr are rumoured to be set to receive a Bentley each

Saudi’s Prince Alwaleed meets with Goldman Sachs chairman

Saudi’s Prince Alwaleed meets with Goldman Sachs chairman

Thursday, 3 April 2014 9:39 AM

The US investment bank managed Twitter's 2013 IPO, which earned the prince nearly $900m

Revealed: The world’s 100 Most Powerful Arabs

Revealed: The world’s 100 Most Powerful Arabs

Monday, 31 March 2014 9:19 AM

Welcome to the 2014 Arabian Business Power List, our guide to the planet’s 100 most influential Arabs

Prince Alwaleed receives Belgian knighthood

Prince Alwaleed receives Belgian knighthood

Monday, 17 March 2014 10:10 AM

Saudi billionaire businessman given the highest national honour by the European monarchy

Prince Alwaleed gifts Bentley to football coach

Prince Alwaleed gifts Bentley to football coach

Tuesday, 25 February 2014 9:42 AM

Saudi businessman honoured official from Riyadh based team Al Halil, which holds 55 official championship titles

Alwaleed's Disneyland Paris teams up with French chef for new ride

Alwaleed's Disneyland Paris teams up with French chef for new ride

Sunday, 2 February 2014 3:52 PM

New attraction will be based on the popular 2007 animated blockbuster ‘Ratatouille’

Alwaleed's Kingdom Holding Q4 profits up 10.3%

Alwaleed's Kingdom Holding Q4 profits up 10.3%

Tuesday, 21 January 2014 10:24 AM

Profits came from investments in Citigroup, Rupert Murdoch's News Corp and microblogging site Twitter

Alwaleed's Disneyland Paris in groundbreaking worker deal

Alwaleed's Disneyland Paris in groundbreaking worker deal

Wednesday, 18 December 2013 1:30 PM

Famous theme park agrees to hire youth and seniors to help French unemployment problem amid working condition concerns

Prince Alwaleed tops Rich List with $31.2bn

Prince Alwaleed tops Rich List with $31.2bn

Sunday, 15 December 2013 9:18 AM

Saudi prince takes pole position for 10th consecutive year

Saudi Arabia accounts for 46% of names in Rich List

Saudi Arabia accounts for 46% of names in Rich List

Sunday, 15 December 2013 9:17 AM

Country dominates entries in 2013 list

Combined wealth of world’s 50 richest Arabs rises to $266.21bn

Combined wealth of world’s 50 richest Arabs rises to $266.21bn

Sunday, 15 December 2013 9:12 AM

Figure increases by only 3.46% in last 12 months

Obama

Obama "not succeeding", says Prince Alwaleed

Thursday, 21 November 2013 10:32 AM

Billionaire Saudi royal hits out at US President, claiming his foreign policy towards Arab world is not “comprehensive and coherent”


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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...

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This Week's Magazine »

Cover Story 10

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