Saudi Prince Alwaleed, The 'Warren Buffett Of Saudi Arabia'

Ranked among the richest men in the world, the 62-year-old investor is the grandson of two of the Arab world's most prominent figures: King Abdulaziz Al-Saud, the founder of modern Saudi Arabia, and Riad al-Solh, Lebanon's first prime minister.

Prince Alwaleed first burst into the business-meets-politics scene in the late 1980s, when he began building what was to become a global empire of banks, luxury hotels and media holdings.

Over the next decade, the prince cultivated an image as a canny investor, a proponent of Saudi modernisation and, eventually, a staunch critic of Donald Trump.

In 2015, he slammed Trump on Twitter for his rhetoric during the US presidential campaign, calling him a "disgrace to America" and urging him to drop out. In response, Trump ridiculed him on Twitter as a "dopey prince".

Prince Mohammed, Saudi Arabia's future king, has since become a close ally of Trump.

On the surface, the cousins appear to share the same views, both supporting increased rights for women in the kingdom. But reports of intense rivalry between the two have also long featured in royal circles.

Prince Alwaleed's arrest sent shock waves across a host of companies that count him as a major investor.

The Kingdom Holding Company -- in which the prince has a 95 percent stake -- owns The Savoy in London, the Fairmont Plaza and the famed George V hotel in Paris.
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Source :https://www.ndtv.com/world-news/saudi-prince-alwaleed-bin-talal-the-warren-buffett-of-saudi-arabia-1805353?amp=1&akamai-rum=off