Godfather of Global Investments

Written by: Mohammed Al-Issa
CEO
Alissa3m@gmail.com

His Royal Highness Prince Al-Waleed bin Talal joined his father, the great Saudi businessman and global investor Prince Talal bin Abdulaziz Al Saud, and took from him his investment acumen, so he followed his example and spread his fame among prominent Arab and international leaders. He was also able to attract the world's attention to him because of those great charitable contributions that no one has preceded him to them before.
In his early youth, he studied business administration and carried its principles after his graduation until he became one of the richest people in the world. He also became an ideal for many successful people and inspired their work and motives. The British writer and journalist Riz Khan even wrote about him a book that includes his successes and his career through meetings and dialogues with him.
He invested his money in international hotels such as Four Seasons, Movenpick, and Vermont, and the media sector through the establishment of Rotana Production Company and Al-Risala Channel, and the technical sector such as Apple and eBay. In fact, he was an experienced man who knew where to wisely invest his money after the experiences that he had lived during the establishment of his business. Thus, his steps are either firm and sober or never.

Like all dreamy youths, he started establishing his own projects, but things didn’t go the way he wanted more than once. However, he had always got up again after every disappointment. Moreover, His father's financial and moral support accompanied him with every step of establishing his ambitions like the sail of the ship against storms, until his feet became steady after his own experiences that polished his cunning and administrative acumen.
The gates of the seas were opened to this great fisherman who caught the appropriate opportunity in 1991. This opportunity is considered his goldfish that is the founder of the world of money in the life of Al-Walid bin Talal where he made the first deal of this size in the global group "City Group”. He also invested his money by buying shares worth 790 million dollars. This deal was the broad door to business authority and investment leadership.
His project, which he founded at the beginning of his business, the "Kingdom for Trade and Contracting" company, was not ready to be initiated much before this thunderous deal with its success, "City Group". However, after several years, the company's business began to flourish and it became a global investment company that manages a lot of investments such as hotels, restaurants and banking services… under its new name "Kingdom Holding".
His business is still numerous and various all over the world, as if he is trying to put his investment touches in every profitable project such as real estate companies, hotels, and communication sites in any country. He also exploits any opportunity that has an ensured profit after his accumulated experiences in the market and business.

He is the person who has overwhelmed the most by his benevolent touches that have the clear features of nobleness over the whole world. Wherever the human duty existed, it calls him. He was a guest of honor with his material, educational and social aids, and he established regional headquarters for those in desperate need in the countries that are deserted from the hands of the benevolent people. He even remembered most of the needy countries from which these global efforts were emptied without arrogance, and how much his historical announcement was a shock to the world after his decision of donating 32 billion dollars to humanitarian works in order to help all segments of the Arab and global community. This amount constitutes almost most of his wealth that he strived to collect. However, he simply proved to everyone that happiness is not in wealth and money, but by seeing the smile on the face of every needy that he supported.
Since the start of the Corona virus and he is in the front lines to support global efforts in fighting it, as he donated an amount equivalent to 30 million US dollars that was announced on social media. In fact, he stated: “It has become more important now than ever before, especially at this time when we are all facing this unprecedented crisis, to pool our resources together in the battle against the Coronavirus. And at the time when many developed countries are fighting to confront this pandemic, we must not forget the developing countries in Africa, and the neediest countries in the Middle East." Moreover, he ensured that his establishment that fought to support the needy for more than 40 years will support all efforts that fight this epidemic to get rid of it and remove it from our land.


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