General

Al-Waleed Philanthropies | Wikipedia | Time 100 list in 2008 Grandson of the kingdom’s founder Ibn Saud & a nephew of each of the subsequent Saudi kings up through King Salman. Attended Menlo College in California & Syracuse University in New York. Acquired United Saudi Commercial Bank (USCB) which through mergers formed United Saudi Bank (USB) & Saudi American Bank (SAMBA).

Rough Business Timeline

1989 net worth @ $1.4 billion & included stakes in Canary Wharf, Four Seasons Hotel Group, & News Corporation. 1990–91 Acquired nearly a 15% stake in the Citicorp banking group (their largest individual shareholder). 11% stake in Saks Fifth Avenue. 1993 As Chairman of United Saudi Commercial Bank, he acquired Panda Supermarket Co. 1994 Acquired 50% stake in the Fairmont Group of Hotels. 1994 Acquired 25% stake in Canada’s Four Seasons Hotels. 1994 Acquired Saudi Livestock Co. 1994 Acquired 24% stake in Euro Disneyland Paris 1995 Arab Radio and Television Network, acquiring 30%. 1995 Al-Waleed joined a consortium which paid $1.2 billion for control of Canary Wharf. 1997 Al-Waleed purchased a 5% stake in Apple, making him the largest individual shareholder. 1997 he purchased 1% share of Motorola & 5% share of Netscape. 1997 Al-Waleed purchased a 4% stake in Planet Hollywood & another 16% in Nov 1998. https://www.sfgate.com/business/article/OFF-THE-TICKER-3123598.php 1997, Al-Waleed bought 27% of Mövenpick Hotels & Resorts (he increased to 33% in 2003). Al-Waleed invested in WorldCom, Priceline.com, Coca-Cola & Ford Motor Company. Owns stake in New York’s Plaza Hotel, London’s Savoy Hotel & Monaco’s Monte Carlo Grand Hotel. 2001 & 2002 Al-Waleed increased his stake in AOL Time Warner Founder, CEO & 95% owner of the Kingdom Holding Company. Al-Waleed held a ten-percent stake in Euro Disney S.C.A. (sold back to Disney). 2011 Al-Waleed invested $300 million in Twitter (raised to 5% stake in 2015 making him the second largest shareholder of the company). 2015 Announced that he would donate his fortune to charity at an unspecified date. 2017 (November ) Al-Waleed was detained in Saudi Arabia along with dozens of other princes, business leaders & officials in an anti-corruption probe. He remained in custody until January 2018, when he reached an undisclosed settlement with Saudi authorities.

News

Alwaleed meets Murdoch and Jack Dorsey in New York ‘American mercenaries are torturing’ Saudi elite rounded up by new crown prince – and billionaire Prince Alwaleed was hung upside down ‘just to send a message’ Saudi Billionaire Alwaleed bin Talal’s Net Worth Takes A Hit After News Of His Arrest Why No Saudi Arabians Made The Forbes Billionaires List This Year Arrested Saudi Prince Owns Top 5 Floors of Vegas’ Mandalay Bay, Guns Carried Down 3 Floors Prince Alwaleed Reveals Secret Deal Struck to Exit Ritz After 83 Days The Arrested Saudi Prince Alwaleed Owns These 12 US Companies