Prince Al-Waleed bin Talal is Chairman & CEO of Kingdom Holding Company
He is the founder, chief executive officer and 95-percent owner of the Kingdom Holding Company, a Forbes Global 2000 company with investments in companies in the financial services, tourism and hospitality, mass media, entertainment, retail, agriculture, petrochemicals, aviation, technology and real-estate sectors. In 2013, the company had a market capitalization of over $18 billion. Al-Waleed is Citigroup‘s largest individual shareholder, the second-largest voting shareholder in 21st Century Fox, a minor shareholder in Zaveriwala Holdings LLC and owns Paris’ Four Seasons Hotel George V and part of the Plaza Hotel. Time has called him the “Arabian Warren Buffett”.In November 2017 Forbes listed Al-Waleed as the 45th richest man in the world, with an estimated net worth of $18.7 billion.
Apparently Prince Al-Waleed bin Talal and other royal family memebers have been buying mega mansions in Southern California Malibu, Hollywood, Los Angeles… pricing out millionaires, by multi billionaires, and princes of the Saudi Royal Family.
The Saudi Royal Family had has been jetsetting around the world, in Europe, the UK ext in addition the US.