First biography of one of the richest men in the world - the Saudi royal prince Alwaleed bin Talal, whose net worth exceeds USD23 billion - which provides a revealing look at the Prince's investments in Citicorp, Four Seasons Hotels, Saks Fifth Avenue, EuroDisney, and NewsCorp among others.
At the age of just 48, Saudi Arabia's Prince Alwaleed bin Talal is one of the wealthiest and most provocative investors in the world. According to the most recent Forbes listing, his net worth is USD23.7 billion, placing him No 5 on the list. He is known in many circles as the "Arab Warren Buffett" (the world's greatest stock-market investor), and over the past decade his investments have been tremendous financial successes.
Having graced the covers of magazines such as Fortune and BusinessWeek, among others, he is noted for rescuing such beleagured companies as Citibank, TWA, Apple Computers, EuroDisney and New York's Plaza Hotel. His strategy is a devotion to brand names, which has led him to a major investment in the Four Seasons Hotel chain. In association with the Four Seasons, he took over and completely renovated the famous George V Hotel in Paris, turning it into one of the most sought-after destinations in that city.
This authorized biography provides a view of Prince Alwaleed that has never been seen before. He has allowed journalist Riz Khan to talk to his family and his closest business associates - those within his own company and those who head the companies where he makes his investments. This book is a revealing portrait of an enigmatic man whose presence in the global economy is unmatched.