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Encyclopedia > Prince Alwaleed

Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, born in 1955 and usually known as Prince Alwaleed, is a member of the Saudi royal family who has amassed an independent fortune through investments in shares and property. 1955 is a common year starting on Saturday. ... The House of Saud refers to the royal family of Saudi Arabia. ... See stock (disambiguation) for other meanings of the term stock A stock, also referred to as a share, is commonly a share of ownership in a corporation. ... Use of the term The concept of property or ownership has no single or universally accepted definition. ...


Born in Riyadh, Prince Alwaleed studied in the USA at Menlo College and Syracuse University. He is married with two children. He is the nephew of King Fahd of Saudi Arabia but has stayed outside of the core of political power in Saudi Arabia, instead building a large international financial business. He is calculated to be one of the world's richest billionaires, worth $21.5 billion (according to Forbes magazine) independently of any claim on the Saud family wealth. His investments are organized through his Kingdom Holding Company. Syracuse University Syracuse University (SU) is a major private American research university. ... King Fahd of Saudi Arabia King Fahd bin Abdul Aziz (born in Riyadh in 1923) is the king and prime minister of Saudi Arabia and leader of the House of Saud. ... A millionaire is a person who has a net worth or wealth of more than one million United States dollars, euros, UK pounds or units of a comparably valued currency. ... Alternate meaning: For the Boston Brahmin family associated with John Forbes Kerry, see Forbes family. ... Private holding company incorporated in Saudi Arabia owned by Prince Alwaleed bin Talal, one of the worlds richest investors. ...


Investment activities

Prince Alwaleed's activities as an investor came to prominence when he bought a large tranche of shares in Citicorp in the 1990s when that firm was in difficulties. He has also made large investments in AOL, Apple Computer, Motorola, News Corporation Ltd and other technology and media companies. Citigroup Inc. ... America Online, or AOL for short, is a corporate online service provider and Internet service provider (ISP). ... Apple Computer, Inc. ... Motorola (NYSE: MOT) (TYO: 6686) started as Galvin Manufacturing Corporation in 1928. ... News Corporation (NYSE: NWS) is a media conglomerate that operates world-wide. ...


His real estate holdings have included large stakes in the Four Seasons hotel chain and the Plaza Hotel in New York; he sold most of his share in the latter in August 2004. He holds a 10% stake in Euro Disney SCA, the organization who manage and maintain the Disneyland Resort Paris in Marne-la-Vallee, France. The Four Seasons can refer to: The annual cycle of the astronomical, geographic, and climatic phenomenon of season The Four Seasons, a singing group led by Frankie Valli; The Four Seasons, the collective name for four violin concertos by Antonio Vivaldi; The Four Seasons, the collective name for four tangos... Categories: Stub | Hotels of the United States | Manhattan | Landmarks ... Euro Disney SCA - Wikipedia /**/ @import /skins/monobook/IE50Fixes. ... Castle of the Sleeping Beauty in Disneyland Park Disneyland Resort Paris is a vacation and recreation resort in Marne-la-Vallée, near Paris. ... Marne-la-Vallée is a new town located near Paris, France. ...


In January 2005 he purchased the Savoy Hotel in London for an estimated GBP 250 million, and it will now be managed by Fairmont Hotels. 2005 is a common year starting on Saturday of the Gregorian calendar. ... The Savoy Hotel, London The Savoy Hotel is a hotel found on the Strand, London. ... London is the capital city of the United Kingdom and of England. ...


Charitable activities

Prince Alwaleed is heavily involved in charitable activities across the Arab world, and is estimated to donate more than $50 million annually to good causes. Much of this expenditure is in the field of educational initiatives to promote western understanding of Arab culture.


In 2001 he offered New York City a donation of $10 million towards relief efforts after the September 11, 2001 attacks. This was rejected by Mayor Rudy Giuliani due to certain conditions of the contribution. Midtown Manhattan, looking north from the Empire State Building, 2005 New York City (officially named the City of New York) is the most populous city in the state of New York and the entire United States. ... The September 11, 2001 attacks were a series of coordinated terrorist attacks carried out in the United States on September 11, 2001. ... Rudolph William Louis Rudy Giuliani III (born May 28, 1944) served as the Mayor of New York City from January 1, 1994 through December 31, 2001. ...


In 2002 Prince Alwaleed donated $500,000 to the George Herbert Walker Bush Scholarship Fund, established by the Philips Academy in Andover, Massachusetts to honour former President George H. W. Bush. Phillips Academy (also known as Andover and Phillips Andover) is a coed liberal arts high school, located in Andover, Massachusetts, near Boston. ... Location within the British Isles. ... State nickname: Bay State Other U.S. States Capital Boston Largest city Boston Governor Mitt Romney Official languages English Area 27,360 km² (44th)  - Land 20,317 km²  - Water 7,043 km² (25. ... Order: 41st President Vice President: J. Danforth Quayle Term of office: January 20, 1989 – January 20, 1993 Preceded by: Ronald Reagan Succeeded by: Bill Clinton Date of birth: June 12, 1924 Place of birth: Milton, Massachusetts First Lady: Barbara Pierce Bush Political party: Republican George Herbert Walker Bush (born June...


Political involvement

Prince Alwaleed bin Talal is not part of the ruling executive within the House of Saud, and has generally kept out of politics, concentrating on his business interests. However, he has recently started to make overt political statements in his press releases and interviews. His views can be seen as critical of Saudi traditionalism, proposing reforms to elections, women's rights and the economy. He has also openly criticized operation of the state-owned oil company, Saudi Aramco. Saudi Aramco (Saudi Arabian Oil Company) is one of the largest oil companies in the world, and the largest in terms of proven crude oil reserves and production. ...


He has also taken a notable pro-American stance, backed up by his $10 million financing of American study programmes at the American University in Cairo. The American University in Cairo (AUC) was founded in 1919 by American Missionaries, but quickly moved away from missionary endeavors in favor of being a strictly educational institution. ...


  Results from FactBites:
 
HRH Prince Alwaleed Bin Talal Latest News (374 words)
HRH Prince Alwaleed Bin Talal Bin AbdulAziz Alsaud
His Royal Highness Prince Alwaleed, is a young and dynamic character that has made the world headlines many times and has established himself as a very successful businessman, a smart investor and one of the greatest humanitarians in modern times.
HRH Prince Alwaleed has been named by Forbes as the largest single investor outside of the U.S. and as the second smartest businessman in the world.
Alwaleed, Prince (Profile) (3612 words)
Alwaleed's small team of about 40 advisers and managers lived by the peculiar rhythm of his schedule: work from noon to about 5 p.m., then home for a meal and a rest, and back to the office at 8 p.m.
Alwaleed generally travels with an entourage that includes a coterie of business associates, a secretary, a man in charge of communications, a photographer to record his every move, bodyguards, and a couple of guys whose only responsibility is to tell jokes and keep the atmosphere light.
Alwaleed's father, Prince Talal, is the maverick reformer of the royal family.
  More results at FactBites »

 
 

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