PRINCE AL-WALEED BIN TALAL.
PRINCE AL-WALEED BIN TALAL’S PRIVATE JET AIRBUS A380.
Nothing but the biggest and best for Middle Eastern royalty! The factory version of this aircraft is already the most expensive in the world with a price tag of $400 million. The lavish modifications for the prince bring the total price to over $500 million.
This “Flying Palace” features a concert hall, a garage for his Rolls-Royce, a Turkish bath, and even a prayer room with electronic mats which automatically rotate towards Mecca regardless of direction the aircraft is headed in. The prince also owns a 747-400 but that one is probably a hand-me-down to one of his younger family members.
WHO IS PRINCE AL-WALEED BIN TALAL?
Al-Waleed Bin Talal bin Abdulaziz al Saud is a Saudi business magnate and investor. He is a member of the Saudi royal family. Waleed was listed as one of Time magazine’s Time 100, an annual list of the hundred most influential people in the world in 2008. Waleed is a nephew of the late Saudi King Abdullah, a grandson of Ibn Saud, the first Saudi king, and a grandson of Riad Al Solh, Lebanon’s first Prime Minister.
Al-Waleed is the founder, the chief executive officer and 95 percent-owner of the Kingdom Holding Company, a Forbes Global 2000 company with investments in companies within various sectors such as banking and financial services, hotels and hotel management companies, mass media, entertainment, retail, agriculture, petrochemicals, aviation, technology, and real estate The company has market cap of over $18 billion in 2013.Waleed is also Citigroup’s largest individual shareholder, the second-largest voting shareholder in 21st Century Fox, he owns Paris’s Four Seasons Hotel George V and part of Plaza Hotel. His business acumen and shrewd entrepreneurial prowess have earned him comparisons to American investor and business magnate Warren Buffett. Due to his prominence as a businessman, he was acknowledged by Time, who labeled the Prince as the “Arabian Warren Buffett”. In June 2015 Forbes listed Al-Waleed as the 34th-richest man in the world, with an estimated net worth of US$28 billion.
In 2015 Al-Waleed announced that he would donate his entire fortune to charity at an unspecified date, in order to foster cultural understanding and empower women among other motivations.
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