Al-Waleed bin Ṭalal Al Saud is a Saudi Arabian businessman, philanthropist, investor and member of the Saudi royal family.
He was indexed on Time magazine's Time 100, an annual listing of the hundred most influential people withinside the world, in 2008. Al-Waleed is a grandson of Ibn Saud, who is the first Saudi Arabian king, and a nephew of all Saudi Arabian kings, and a grandson of Riad Al Solh.
He is the founder and 95 per cent owner of the Kingdom Holding Company, a business company with investments in companies withinside the financial services, tourism and hospitality, mass media, entertainment, agriculture, retail, petrochemicals, aviation, technology and real-estate sectors.
In 2013, the business company had a market capitalization of over $18 billion. Al-Waleed is Citigroup's biggest individual shareholder, the second-biggest voting shareholder in 21st Century Fox and owns Paris' Four Seasons Hotel George V and a part of the Plaza Hotel. In November 2017, Forbes indexed Al-Waleed as the 7th-richest man withinside the world with a net worth of $39.8 billion.
On 4 November 2017, he and other distinguished Saudis had been arrested in Saudi Arabia, in a purge that the Saudi government characterised as an anti-corruption drive. The allegations in opposition to Prince Al-Waleed consist of money laundering, bribery, and extorting officials. Some of the detainees were withinside the Ritz-Carlton, Riyadh, since then.
Al-Waleed was launched from detention on 27 January 2018, following an economic agreement of some kind, after almost 3 months in detention. In March 2018, he dropped from the World's Billionaires listing due to a lack of modern information.
