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Prince Alwaleed Bin Talal Alsaud
#119

Prince Alwaleed Bin Talal Alsaud

Source of wealth: investments

Net Worth

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Earnings per second

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Biography

Saudi investor Prince Alwaleed bin Talal owns stakes in a number of high profile companies like the Four Seasons hotel chain via Saudi-listed Kingdom Holding.

Kingdom Holding announced in 2022 that the Saudi government Public Investment Fund bought a nearly 16.9% stake from Alwaleed for $1.6 billion.

Personally and through Kingdom Holding, Alwaleed has invested in both X (formerly Twitter) and Elon Musk's related firm, xAI.

Outside of Kingdom Holding, he owns real estate in Saudi Arabia, Arabic-language movie and music firm Rotana and an estimated 1.5% stake in social media firm Snap.

Forbes dropped Alwaleed and other Saudi billionaires from the list in 2018 following the 2017 months-long detainment of Alwaleed and others by the Saudi government.

In 2025, Forbes decided to include Alwaleed and other Saudis on the annual billionaires list again.

Financial Assets

Exchange
NYSE
Ticker
C-US
Company
Citigroup
Exchange
NASDAQ
Ticker
JD-US
Company
JD.com Inc.
Exchange
SAUDI ARABIA
Ticker
4280-SA
Company
Kingdom Holdings
Exchange
PALESTINE
Ticker
PADICO-PS
Company
Palestine Development & Investment Co.
Exchange
NYSE
Ticker
SNAP-US
Company
Snap, Inc

The Great Lie of Mega-Fortunes: The Case of Prince Alwaleed Bin Talal Alsaud

Billionaires are often presented under the romantic myth of the 'self-made person': a narrative designed to justify opulence as the natural reward for hard work, effort, or ingenuity. However, when confronting such extreme volumes of wealth with macroeconomic reality, the meritocracy narrative completely breaks down. No individual can legitimately generate through personal effort a fortune equivalent to millions of times the average working-class salary. Capital at the top does not grow because of exceptional talent; it expands through an implacable dynamic where accumulated money works exponentially faster than people, devouring the wealth generated by productive labor.

The immense fortune of Prince Alwaleed Bin Talal Alsaud, linked to Finance & Investments and 'investments', has not been built in a free-market vacuum, but through rent-seeking, the use of exclusive elite influence, the consolidation of monopoly positions, or inherited wealth. Far from taking real private risks, billionaire empires structurally depend on state support through direct subsidies, infrastructure use, exploitation of R&D, public contracts, and offshore tax engineering. While this wealth is equivalent to the physical weight of 156 tons of pure gold, the rest of the planet suffers from an artificial scarcity of basic resources. The fact that this wealth is enough to fully fund the public health system of DR Congo, a country with more than 105800000 million inhabitants for 10.2 years, proves that unlimited accumulation is not an entrepreneurial achievement, but the hijacking of democratic sovereignty.

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