Middle East looks like it is full of rich people . But among them , the richest is the Prince Alwaleed Bin Talal Alsaud .
As reported by Forbes , the wealth of the prince 's 59-year -old to reach U.S. $ 20.4 billion .
Prince Alwaleed is the son of Prince Talal , a member of the royal family of Saudi Arabia . While his mother Mona Al- Solh , daughter of Riad Al Solh , Lebanon's first Prime Minister .
Alwaleed Pengeran father is a former Finance Minister of Saudi Arabia in the early 1960s , before the exiled abroad . His parents divorced , and the prince returned to Saudi Arabia with his mother .
Pengeran Alwaleed grew as wayward youth . He often ran away from home and sleeping in someone else's car . Then he was put into a military school , and this is where the discipline is formed .
After an education in the United States , Prince Alwaleed started its business in the late 1970s . He runs a construction business and property . His business runs moncer as oil price boom period .
After the boom in oil prices eased , Prince Alwaleed also change the direction of its business into the banking sector . It starts from purchase United Saudi Commercial Bank . Later the business became more pervasive.
Now Prince Alwaleed has shares in a number of the world's top companies . Starting from News Corp. , Citigroup , Four Seasons Hotel , to Twitter . Not to mention he also has a variety of umbrella companies by Kingdom Holdings .
Prince Alwaleed also have ' toys ' expensive . He has an alias yacht yacht called Kingdom 5KR . This yacht was purchased by another wealthy businessman , Donald Trump . But Prince Alwaleed bought it back when Trump facing difficult times .
Prince Alwaleed also has several private aircraft such as the Boeing 747 , Airbus 321 , and Hawker Siddeley 125 .
As a top businesswoman , patient and resilient attitude inherent in Prince Alwaleed . It ditunjukannya when facing shocks experienced by Citigroup as a result of the economic crisis in the U.S. a few years ago .
" We 've been together with Citigroup since 1991 , passed through the ups and downs . Citigroup is facing a major crisis , but I believe now it's over , " he said as quoted by CNN .
