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Al-Waleed bin Talal

7 March 1955 – present

Al-Waleed bin Talal Al Saud is a Saudi businessman and member of the Saudi royal family. He founded Kingdom Holding Company in 1980 and built an international investment portfolio spanning banking, hotels, media and technology, including a large stake in Citicorp acquired in 1991. In 2017 he was detained for several weeks in Riyadh during a government anti-corruption campaign before being released.

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Life events

Born in Jeddah, Saudi Arabia
7 March 1955

He was born in Jeddah, the son of Prince Talal bin Abdulaziz and Mona Al Solh.

Source: en.wikipedia.org
Birth ✓
Married Princess Dalal bint Saud
1976

His first marriage, to a daughter of King Saud, produced two children, Khaled and Reem; the couple later divorced.

Source: en.wikipedia.org
Relationship ✓
Graduated from Menlo College in California
1979

He earned a bachelor's degree in business administration from Menlo College.

Source: en.wikipedia.org
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Founded Kingdom Holding Company
1980

He established the Riyadh-based investment company that became the vehicle for his business holdings.

Source: en.wikipedia.org
Career ✓
Received a master's degree from Syracuse University
1985

He completed a master's degree in social science at Syracuse University in New York.

Source: en.wikipedia.org
Education ✓
Invested in Citicorp
1991

He bought a large stake in the troubled US bank Citicorp, an investment that became the cornerstone of his international portfolio.

Source: en.wikipedia.org
Career ✓
Kingdom Holding Company listed on the Saudi stock exchange
2007

The company sold a minority stake to the public in an initial offering on the Tadawul.

Source: en.wikipedia.org
Career ✓
Detained in Riyadh during the Saudi anti-corruption campaign
November 2017 – January 2018

He was among dozens of princes, ministers and businessmen held at the Ritz-Carlton Riyadh from November 2017 until his release in January 2018.

Source: en.wikipedia.org
Personal ✓