The Saudi Arabian Prince Al-Waleed bin Talal, a member of the Saudi royal family, is the world’s 26th richest person with an estimated fortune reaching upwards of $20-$30 billion. In March 2013, Forbes listed Al-Waleed as the 26th-richest man in the world, having an estimated net worth of $20 billion. Al-Waleed, however, disputes the Forbes valuation and believes his wealth to be $26 billion. Bloomberg later estimated his wealth as $30 billion. In December 2013, Arabian Business estimated his wealth at $31.2 billion, while it also ranked him as the most influential Arab in the world. He founded the Kingdom Holding Company, where he serves as CEO and holds 95% of its ownership.
From 1997-2010, his ownership of News Corporation raised from 5% to 10%. He has investments in many high performing corporations across industries including Apple, AOL, Fox News, Eastman Kodak, MCI Inc., Saudi Research and Marketing Group, and Motorola. He also has significant investments in the hospitality industry, with shares at New York’s Plaza Hotel, Monaco’s Monte Carlo Grand Hotel, the Four Seasons, and is the owner of London’s Savoy Hotel.