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* Princess Eman bint Naser bin Abdulah Al-Sudairy (divorced)
* Princess Eman bint Naser bin Abdulah Al-Sudairy (divorced)
* Princess Ameera Al-Taweel (2006)
* Princess Ameera Al-Taweel (2006)
* Princess Deborah (2009)


== See also ==
== See also ==

Revision as of 14:56, 18 October 2009

Al Waleed bin Talal Al Saud
File:Al-Waleed bin Talal.png
HRH Prince Al-Waleed
Born (1955-03-07) March 7, 1955 (age 69)
Jeddah, Saudi Arabia
NationalitySaudi Arabian
Occupationbusinessman

Template:Saudibox begin Template:Saudibox ancestry Template:Saudibox offspring

  • Khaled bin Al-Waleed
  • Reem bint Al-Waleed

Template:Saudibox end

Prince Al-Waleed bin Talal bin Abdul Aziz Al Saud (Arabic: الوليد بن طلال بن عبد العزيز آل سعود) (born 7 March 1955) is a member of the Saudi Royal Family. He is the nephew of the Saudi Arabian King Abdullah . An entrepreneur and international investor, but does not have real political power within the House of Saud or in Saudi Arabia, he has amassed a fortune through investments in real estate and the stock market.

As of 11 March 2009 his net worth is estimated at US$13.3 billion, down from $21 billion, according to the Arabian Business rich list published December 2, 2008. He is ranked by Forbes as the 22nd richest person in the world. He has been nicknamed by Time magazine as the Arabian Warren Buffett.[1]

Early life

Al-Waleed was born to Prince Talal, son of the founding King of Saudi Arabia, Abdul Aziz Al Saud, and Princess Mona. He is Prince Talal's second son.

Al-Waleed completed a bachelor of science degree in business administration at Menlo College in 1979 and masters in social science at the Maxwell School of Citizenship and Public Affairs of Syracuse University, in 1985. He was also awarded an honorary PhD from the University of Exeter. He has been divorced three times. In 2006, he married Princess Ameera, and recently married a foreign born woman in 2009. His first two children are: Prince Khaled and Princess Reem, who are from his first wife, (his cousin) Princess Dalal bint Saud bin Abdul Aziz. Despite being the nephew of King Abdullah of Saudi Arabia, he has stayed outside of the core of political power in Saudi Arabia, and instead built a large international corporation called the Kingdom Holding Company, through which he makes his investments.[2]

Business interests

Al-Waleed began his business career in 1979 upon graduation from Menlo College. The Prince's activities as an investor came to prominence when he bought a substantial tranche of shares in Citicorp in the 1990s when that firm was in difficulties. With an initial investment of $550 million ($2.98 a share after adjusting for stock splits, acquisitions and spin-offs, according to Bloomberg calculations) to bail out Citibank caused by underperforming American real estate loans and Latin American businesses, his holdings in Citigroup now comprise for about $1 billion. His investments in Citibank earned him the title of Saudi Warren Buffett.

Although his stake in Citibank once accounted for approximately half of his wealth, by January 2009 this holding had lost nearly all of its value. At the end of 1990 he bought 4.9% of Citicorp’s existing common shares for $207m ($12.46 per share)—the most that he could without being legally obliged to declare his interest. In February 1991, as American troops stationed in Saudi Arabia were preparing for war with Iraq, the prince spent $590m buying new preferred shares, convertible into common shares at $16 each. This amounted to a further 10% of Citicorp and took his stake to 14.9%.[3] In January 2008, the Prince participated—together with the Singapore government investment corporation and other investors—in a $12.5 Billion capital raise, in an unsuccessful effort to shore up Citi's capital position, but the value of these shares continued to plunge.[4]

Later, he also made large investments in AOL, Apple Inc., Worldcom, Motorola, News Corporation Ltd and other technology and media companies.[2]

His real estate holdings have included large stakes in the Four Seasons hotel chain and the Plaza Hotel in New York. He sold half of his shares in the latter in August 2004. He has made investments in London's Savoy Hotel and Monaco's Monte Carlo Grand Hotel. He currently holds a 10% stake in Euro Disney SCA, the organization which manages and maintains the Disneyland Resort Paris in Marne-la-Vallee, France.[5]

In January 2005, Al-Waleed purchased the Savoy Hotel in London for an estimated GBP £250 million, to be managed by Fairmont Hotels, in which Al-Waleed owns an estimated 16% stake. In January 2006, in partnership with the U.S. real estate firm Colony Capital, Kingdom Holdings acquired Toronto, CA-based Fairmont Hotels for an estimated $3.9 billion.

As of 2008, there are plans for the $10 billion construction of the Burj Al-Meel (Arabic for "the Tower of One Mile"), a supertall skyscraper to be the tallest in the world, at one mile (1609 m) in height.

Doubts about the source of income

The Economist has expressed doubts about the source of income of Prince Al Waleed and whether he is a front man for other Saudi investors. According to it, he has not earned enough income from his investments to pay for all that he has spent in the 1990s. The mystery goes back to that first stake in Citicorp. The prince has declared that this money came entirely from his personal funds. He says he started out in 1979 with a loan of just $30,000 from his father. He also mortgaged a house that his father had given him, raising approximately $400,000. And each month, as a grandson of Ibn Saud, he receives $15,000. "You could barely clothe a Saudi prince for such sums, let alone furnish him with a multi-billion-dollar empire. Nevertheless, by 1991 Prince Alwaleed had felt able to risk an investment of $797m in Citicorp", writes the magazine.[3]

Charitable activities

Much of the charitable activities of Al-Waleed are in the field of educational initiatives to bridge gaps between Western and Islamic communities by funding centers of American studies and research in universities in the Middle East and centers of Islamic studies in American universities.

United States of America

The United Kingdom

In May 2008, the Cambridge University and the University of Edinburgh each received £8 million from Prince Al-Waleed to promote Islamic studies.[8]

France

  • In July 2005, he donated $20 million to the Louvre Museum, its largest gift ever. It will help fund the construction of a wing for the Louvre's vast collection of Islamic art. The wing will consist of a freeform, glassy structure that will bring a modern touch to a neoclassical courtyard. The design for the new wing would involve covering much of the Louvre's Cour Visconti, a neo-Classical courtyard, with a contemporary sail-like roof made up of small glass disks. Officials put the total cost of the wing, by the architects Mario Bellini and Rudy Ricciotti, at $67 million and predicted it would open in 2009.

Pakistan

  • In October 2005, he donated 30 million riyals ($8.3 million) in the form of goods and cash to support relief and reconstruction efforts in the wake of the 2005 Kashmir earthquake.
  • He also gave $2 million to invest in Pakistan. The regions which benefited from this included Kahuta, the Jhelum valley, and the mountainside region of the Swat River valley.

Mali

  • In August 2007, Al-Waleed visited Mali to inaugurate the new building he financed to house the headquarters of the Fondation Pour l'Enfance, an organization dedicated to improving the living conditions of Malian and African children, presided by the current First lady of Mali, Touré Lobbo Traore, and founded in the 1990s by her husband, President Amadou Toumani Touré, while he was a private citizen. The new headquarters are in Bamako, Mali. [9]

Political involvement

Al-Waleed is not part of the ruling executive within the House of Saud and has generally kept out of politics. 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. He is vocal about women's rights and hired the first female airline pilot in Saudi Arabia, Hanadi Hindi.[citation needed][10]

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.[citation needed]

Al-Waleed is a citizen of Lebanon, his mother's country. In recent years, he has taken part in Lebanese politics, backing the President admiral Émile Lahoud against since assassinated Lebanese billionaire Rafik Hariri and investing in luxury resorts and pan-Arab Lebanese media: (al-Nahar, LBC International, Rotana Records).[citation needed]


Honorary Degrees & Academic Awards

1 - Doctorate of Humane Letters, honoris causa, University of New Haven, 1992 2 - Doctorate in Business Management, Kyungwon University in Seoul, Korea, 1998 3 - Doctorate in Law, Syracuse University, 1999 4 - Doctorate in Law, Exeter University, 2002 5 - Doctorate in Law, American University in Cairo, 2002 6 - Doctorate in Humanities, AlAqsa University in Gaza, 2004 7 - Doctorate of Letters, honoris causa, University for Development Studies in Ghana, 2004 8 - Honorary Doctorate of Letters, The Islamic University of Uganda, 2005 9 - Honorary Doctorate, The University of the 7th of November at Carthage in Tunis, 2007 10- Honorary Doctorate of Business Administration with Distinction from the International Islamic University in Malaysia, 2007 11- Honorary Doctorate of Laws from the International Centre for Education in Islamic Finance in Malaysia, 2007 12- Honorary Doctorate of Business Administration from the Commission on Higher Education Autonomous Region in Muslim Mindanao & Wisdom International School for Higher Education Studies in Philippines, 2008 13- Honorary Doctorate of Commercial Sciences from The St. John’s University in New York, 2008 14- Honorary Doctorate of Management Science from Brawijaya University in Indonesia, 2008 15- Honorary Doctorate, honoris causa, from Thracian University in Bulgaria, 2009 16- Honorary Doctorate, honoris causa, from Madagascar University in Antananarivo , 2009 17- Honorary Doctorate, honoris causa, from Bangui University in Republic of Central Africa , 2009 ◘ Presidential Medal, University of New Haven, 1999

Medals

1997: The Medal of the Presidency of the Italian Republic, awarded to Prince Alwaleed by The Scientific Committee of the Italian Pio Manzù International Research Centre, as a token of recognition of the Prince’s highly successful and thriving career and outstanding business flair and acumen. 1997: The Star Decoration of the First Order; awarded to Prince Alwaleed by the late, King Hussein Bin Talal of Jordan, in recognition of the Prince’s regional and international investments and philanthropy. 1998: The National Cedar Decoration of the Commander Order; awarded to Prince Alwaleed by Former Lebanese President Elias Harawi in recognition of the Prince’s economic and social contributions to Lebanon. 1999: The Diplomatic Merit of the Heung Korean; awarded to Prince Alwaleed by President Kim Dae-Jung in recognition of the Prince’s investments in Korea. 2000: The Bethlehem 2000 Medal; awarded to Prince Alwaleed by Palestinian Authority President Yasser Arafat for his continuous support to the Palestinian cause. 2001: Laila Utama Darja Kerabat Seri Utama Yang Amat Dihormati; the most esteemed royal family order, presented by Sultan of Brunei Haji Hassanal Bolkiah to Prince Alwaleed for promoting bilateral relations between Brunei and Saudi Arabia. 2002: King AbdulAziz Medal of the First Order for Distinguished Businessmen; awarded to Prince Alwaleed by Crown Prince Abdullah Bin AbdulAziz on behalf of Custodian of the Two Holy Mosques King Fahd. 2002: The National Cedar Medal, Order of the Grand Officer; awarded to Prince Alwaleed by Lebanese President Emile Lahoud for the Prince’s contributions and support to Lebanon and the Lebanese economy. 2002: The Medal of the Republic of Tunisia of the Great Order; awarded to Prince Alwaleed by Tunisian President Zein Al Abidine Bin Ali in recognition of the Prince’s efforts in promoting bilateral relations between Saudi Arabia and Tunisia. 2003: The Presidential Medal of Bosnia and Herzegovina; awarded to Prince Alwaleed by the President of Bosnia and Herzegovina Sulejman Tihic in recognition of the Prince’s support of Bosnia and Herzegovina and its people. 2003: The Medal with the rank of “Grand Officer of the National Order of the Lion”; awarded to Prince Alwaleed by the President of Senegal Mr. Abdoulaye Wade in recognition of the Prince’s efforts in promoting bilateral relations between Saudi Arabia and Senegal. 2003: The Medal with the rank of “Commander of the National Order of Merit of the Republic of Guinea”; awarded to Prince Alwaleed Bin Talal by the President of Guinea Mr. Lansana Conte in recognition of the Prince’s efforts in promoting bilateral relations. 2003: The Medal with the rank of “Grand Officer of the Order of Mono”; awarded to Prince Alwaleed by the President of Togo Mr. Gnassingbe Eyadema in recognition of the Prince’s efforts in promoting bilateral relations. 2003: The Medal with the rank of “Commander of the National Order”; awarded to Prince Alwaleed by the President of Burkina Faso Mr. Blaise Compaore in recognition of the Prince’s efforts in promoting bilateral relations. 2003: The Medal with the title order to the civil merits of “Grand Cross of the Order of the Independence of Equatorial Guinea”; awarded to Prince Alwaleed by the President of Equatorial Guinea Mr. Teodoro Obiang Nguema Mbasogo in recognition of the Prince’s efforts in promoting bilateral relations. 2003: The Medal with the rank of "The Officer in The Order of Oranje-Nassau"; bestowed upon Prince Alwaleed by H. M. Queen Beatrix of the Netherlands for the Prince’s distinguished role in promoting Dutch-Saudi economic relations. 2003: The November 7th Medal; awarded to Prince Alwaleed by Tunisian President Zein Al Abidine Bin Ali in recognition of the Prince’s humanitarian efforts in Tunisia and around the world. 2004: The Medal with the rank of "Commander of the Order of the Star of Anjouan"; bestowed up on Prince Alwaleed by the President of the Union of the Comoros, Azali Assoumani 2004: The Medal with the rank of "Commander of the Order of the Grand Star of Djibouti"; awarded to Prince Alwaleed by President Ismail Omar Guelleh of Djibouti. 2004:The Presidential Medallion of the Republic of Djibouti; Awarded to Prince Alwaleed by the President of Djibouti. 2004:The Medallion of the 20th Anniversary of the Independence of the Republic of Djibouti; awarded to Prince Alwaleed by the President of Djibouti. 2004: The Medal of "The Grand Cross of the National Order Of Merit"; bestowed upon Prince Alwaleed by the President of Gabon Col. Omar Bongo. 2004: The Medal with the rank of "Dignity of Grand Officer of the National Order of the Republic of Chad"; bestowed upon Prince Alwaleed by the president of Chad Idriss Deby. 2005: The medal of "The Insignia of Grand Officer; bestowed upon Prince Alwaleed by the President of Gambia, Dr. Yahya A. J. Jammah 2005: The medal with the rank of "The Commander of the National Order; awarded to Prince Alwaleed by the President of Mali, Amadou Toure 2005: The medal of "The Star of Africa" with the Grade of Grand Band; awarded to Prince Alwaleed by the President of Liberia, President Gyude Bryant 2005: The medal with the rank of “Grand Officer of the National Order; awarded by Benin President Mathieu Kerekou. 2005: The medal of "The Order of the Golden Heart of Kenya; bestowed upon Prince Alwaleed by Kenyan President, Mwai Kibaki. 2006: The medal of “Legion of Honor with the rank of Commander; bestowed upon Prince Alwaleed by the French President Jacques Chirac. The medal is France’s highest civilian honor. 2006: The Umayyah National Medal; bestowed upon Prince Alwaleed by the Syrian President Bashar Al-Asaad. The medal is the country’s highest civilian honor. 2006: The Hilal-i-Pakistan Medal; bestowed upon Prince Alwaleed by the Pakistani President General Pervez Musharraf. The medal is the country’s highest civilian honor. 2006: The Companion of the Order of the Volta Medal; bestowed upon Prince Alwaleed by the President of Ghana John Agyekum Kufuor. 2006: The Commander of the National Order of the Grand Cross Star Medal; bestowed upon Prince Alwaleed by the President of Cote D'Ivoire/Ivory Coast Laurent Gbagbo. 2006: The Order of the Merit of Niger Medal; bestowed upon Prince Alwaleed by the President of the Niger Mamadou Tandja. 2006: The Grand Commander of the Order of the Pearl of Africa Medal; bestowed upon Prince Alwaleed by the President of Uganda Yower Museveni. 2006: The National Medal of Merit for Cooperative Development; bestowed upon Prince Alwaleed by the President of Guinea-Bissau João Bernardo Vieira. 2007: The Order of the Golden Heart With the Rank of Grand Officer; bestowed upon Prince Alwaleed by H.E President of the Philippines Mrs. Gloria Macapagal-Arroyo. 2007: The Medal of Major Patron of the Arts; bestowed upon Prince Alwaleed by the French Minister of Culture and Communication HE Mrs. Christine Albanel. 2007: The Order of the Brilliant Star with Grand Cordon Medal; bestowed upon Prince Alwaleed by the President of the Republic of China (Taiwan) HE Mr. Chen Shui-bian. The medal is the country’s highest civilian honor. 2008: The Pontifical Medal; bestowed by Pope Benedict XVI during a ceremony held at the Vatican to H.E. Ms. Leila El Solh, Vice Chairman of Alwaleed Bin Talal Humanitarian Foundation in Beirut. 2008: The Genghis Khan Medal; bestowed upon Prince Alwaleed by President of Mongolia Nambaryn Enkhbayar. 2008: The Maronite General Council has granted HRH Prince Alwaleed the "Golden Order of the Maronite General Council” for his distinctive contributions to the Council and to Lebanon. 2008: The "Residential Coat of Arms, the Highest Honor granted by the State of Eritrea, was bestowed by the Eritrean President Isaias Afwerki upon HRH Prince Alwaleed. 2009: The unification medal; awarded to Prince Alwaleed by Yemeni President Ali Abdullah Saleh in recognition of the Prince’s efforts in investment and philanthropy . 2009: “The MADARA Horseman” Medal; the Highest Honor granted by the State of Bulgaria, was bestowed by the Bulgarian President GEPRGI PARVANOV upon HRH Prince Alwaleed. 2009:”The Grand-Croix National Malgache Medal” which is the ordre National in Madagascar bestowed upon Prince Alwaleed by the President of the Republic of Madagascar Andry Rajoelina. 2009:”The Grand-Croix National Medal” bestowed upon Prince Alwaleed by the President of the Republic of Central Africa François boziz . 2009:”The President of France Medal” bestowed upon Prince Alwaleed by the President of the Republic of France NICOLAS SARKOZY .


Honorary Citizenships

1998: The Gold Medal of the City of Cannes, presented to Prince Alwaleed by the Mayor of Cannes in France, Maurice Delauney, as an acknowledgment by the city of the Prince’s annual summer visits. 2002: Honorary Citizen of Cannes, awarded to Prince Alwaleed by Mayor Bernard Brochand. 2003: The Diploma with the rank of "Citizen of Honor of the City of Dakar," awarded to Prince Alwaleed by the Mayor of Dakar Mr. Pape Diop along with the key to the city. 2003: The Diploma with the rank of "Citizen of Honor of the City of Dubreka," awarded to Prince Alwaleed by the President of Guinea Mr. Lansana Conte. 2003: The Diploma with the rank of “Citizen of Honor of the Kingdom of Ashanti,” awarded to Prince Alwaleed by the King of the Ashanti Tribe Otumfuo Osei Tutu II during the Prince’s visit to the Kingdom of Ashanti in Ghana. 2004: An "Honorary Citizen of the City-Province of Kinshasa," awarded to Prince Alwaleed by the Governor of Kinshasa. 2004: The "Honorary Key to the Golden Gate of the City of Kinshasa," presented to Prince Alwaleed by the Governor of Kinshasa. 2004: An "Honorary Citizen of the Banjul City-The Gambia," awarded to Prince Alwaleed by the Mayor of the Gambian Capital, Banjul. 2004: The "Key to the Golden Gate of the City of Banjul," presented to Prince Alwaleed by the Mayor of Banjul. 2005: An "Honorary Citizenship and Key to the City of Praia," presented to Prince Alwaleed by the Mayor of Praia, capital of Cape Verde. 2005: An "Honorary Citizenship and Key to the City of Abidjan," presented to Prince Alwaleed by the Governor of Abidjan, Cote D'ivoire. 2005: An "Honorary Citizenship of Guinea-Bissau," presented to Prince Alwaleed by Guinea-Bissau Minister of Foreign Affairs, Soares Sambu. 2006: The "Key to the City of Monrovia," presented to Prince Alwaleed by the Mayoress of the capital of Liberia Hon. Mrs. Ophelia Hoff Saytumah. 2006: An "Honorary Freeman and the Key to the City of Lusaka," presented by the Mayor of Lusaka Mike Elton Mposha, Zambia. 2006: An "Honorable Residency and the golden Key to the City of Dar Es Salaam," awarded to Prince Alwaleed by Mayor of the city of Dar Es Salaam Adam Kimbisa, Tanzania. 2006: An "Honorary Citizenship and the Key to the City of Bamako," presented to Prince Alwaleed by the Mayor of Bamako Moussa Badoulaye Traore, Mali. 2006: An "Honorary Citizenship and the Key to the City of Ouagadougou," presented to Prince Alwaleed by the Mayor of Ouagadougou Simon Compaore, Burkina Faso. 2009: “Key to the City of Sana’a “presented to Prince Alwaleed by Secretary General of Sana’a Local Council. 2009: An "Honorary Citizenship and the Key to the City of City of KAZANLAK," presented to Prince Alwaleed by the Mayor of KAZANLAK MR. STEFAN DAMYANOV,Bulgaria

Assets

Kingdom 5KR

Al-Waleed now owns the yacht Kingdom 5KR, which is the 85.9-meter (282-foot) yacht originally built as the "Nabila" for Saudi billionaire, Adnan Khashoggi. She subsequently posed as the Flying Saucer, the yacht of James Bond villain Largo in the film Never Say Never Again. The yacht was later sold to Donald Trump, who renamed it Trump Princess. Al-Waleed bought the yacht after Trump's second bankruptcy.[11]

He has ordered a new yacht currently known as the New Kingdom 5KR which will be about 170 meters (557 feet) long and will cost $500+ million. The yacht is rendered by Lindsay Designs and is expected to be delivered in 2009.[12]

He owns 300 cars which includes a diamond-covered Mercedes SL600 worth an estimated $4.8 million. This, however, is a popular hoax email that has been circulating the internet since 2006 in different forms.[13]

At the 2007 Dubai Airshow, Airbus confirmed that Al-Waleed, already owner of a Boeing 747 jet converted to private use, had ordered an Airbus A380, the world's largest passenger aircraft. Outfitted for private use, the aircraft is to be delivered in 2010.[14][15] This has been noted in the 2009 Guiness World Records as the largest private jet in the world.

Al-Waleed and his two wives live in a $100 million sand-colored palace whose 317 rooms are adorned with 1,500 tons of Italian marble, silk oriental carpets, gold-plated faucets and 250 TV sets. It has four kitchens, for Arabic, Continental and Asian cuisines, and a fifth just for dishing up desserts, run by chefs who can feed 2,000 people on an hour's notice. Their royal highnesses can swim in a lagoon-shaped pool, or catch a film in the 45-seat basement cinema.[16]

Prince Alwaleed tops first Saudi Rich List 2009 with a fortune of $16.3bn. HRH holds a 95 percent stake, although it has been a tough 2009 for the Prince, as his investments across the globe have been hit hard by the global economic crisis.[17]

Wives

  • Princess Dalal bint Saud bin Abdul Aziz Al-Saud, mother of Prince Khaled and Princess Reem (divorced)
  • Princess Eman bint Naser bin Abdulah Al-Sudairy (divorced)
  • Princess Ameera Al-Taweel (2006)
  • Princess Deborah (2009)

See also

References

  1. ^ "Your chance to quiz Prince Alwaleed". Arabian Business.
  2. ^ a b http://www.zawya.com/cm/profile.cfm/cid120673
  3. ^ a b "'The mystery of the world's second-richest businessman'".
  4. ^ http://www.forbes.com/lists/2008/10/billionaires08_Prince-Alwaleed-Bin-Talal-Alsaud_0RD0.html
  5. ^ Disneyland Resort Paris, Annual review 2007, p. 53
  6. ^ "Giuliani rejects $10 million from Saudi prince". CNN.
  7. ^ "Kingdom Foundation Chaired by Prince Al-Waleed bin Talal Donates SR5,550,000 ($1,480,000) to Center for Islamic Society of North America (ISNA)". The Middle East Times.
  8. ^ The Times Higher Education. http://www.timeshighereducation.co.uk/story.asp?storyCode=401799&sectioncode=26
  9. ^ "Fondation Pour l'Enfance: Inauguration du nouveau siège de la Fondation Pour l'Enfance à l'ACI 2000". Office of the President of Mali.
  10. ^ Hanadi Hindi had a 'dream' to become a pilot, so Prince Al-Waleed paid for her flight training school and later hired her to fly as a first officer for Kingdom Holding Company.
  11. ^ http://yachts.monacoeye.com/yachtsbysize/pages/kingdom5kr02.html Prince Al-Waleed's yacht
  12. ^ Agent4Stars.com - Project New Kingdom 5KR
  13. ^ snopes.com: Diamond Mercedes
  14. ^ Airbus and Boeing win giant order BBC news - 12 November, 2007
  15. ^ "Airbus A380 gets first VIP client". Flight Global.com. 12 November 2007. {{cite news}}: Check date values in: |date= (help)
  16. ^ The Prince And The Portfolio - Time
  17. ^ "Prince Alwaleed tops first Saudi Rich List". Arabian Business. 2009-08-30. Retrieved 2009-08-30. {{cite web}}: Check date values in: |date= (help); Italic or bold markup not allowed in: |publisher= (help)

Further reading

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