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WORLD TOP BILLIONAIRES
Prince Al-Walid
bin Talal bin Abdul Aziz Al Saud, born 7 March 1955 and
commonly known as Prince Al-Walid, is a member of the Saudi
Royal Family, and an entrepreneur and international
investor. He has amassed his fortune through investments in
properties and the Stock Market. As of 2007, his net worth
is estimated at US$29.5 billion, according to the Arabian
Business rich list published December 2,2007. In January
2006, with a partner, announced a $3.9 billion deal to buy
Fairmont Hotel & Resorts. In February listed his hotel
holdings on the Dubai stock exchange. Planning to take his
main investment group, Kingdom Holdings, public on the Saudi
exchange later this year.
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