Al-Waleed Bin Talal - Assets

Assets

Al-Waleed owns the 85.9-meter (282-foot) yacht Kingdom 5KR,, originally built as the "Nabila" for Saudi arms dealer Adnan Khashoggi. The yacht posed as the Flying Saucer, the yacht of James Bond villain Largo in the film Never Say Never Again. It was later sold to Donald Trump, who renamed her Trump Princess. Al-Waleed bought back the yacht after Trump's second bankruptcy.

He has ordered a new yacht currently known as the New Kingdom 5KR which will be about 173 meters (557 feet) long and carries an estimated cost of over $500 million. The yacht is rendered by Lindsey Design and is expected to be delivered in late 2010.

Al Waleed owns several aircraft, all converted for private use: a Boeing 747, an Airbus 321 and a Hawker Siddeley 125. Also on order is an Airbus A380, the world's largest passenger aircraft, which is scheduled for delivery in 2012. This has been noted in the 2009 Guinness World Records as the largest private jet in the world.

Al Waleed also owns more than 200 cars, including Rolls Royces, Lamborghinis, Ferraris etc.

Among his many assets are: a 95 percent stake in Kingdom Holding Company; 91 percent ownership of Rotana Video & Audio Visual Company; 90 percent ownership of LBC SAT; 7 percent ownership of News Corporation; about 6 percent ownership of Citigroup; and 17 percent ownership of Al Nahar and 25 percent ownership of Al Diyar, two daily newspapers published in Lebanon.

In addition to his 63rd place ranking on the Forbes Billionaire List in 2011, Prince Al-Waleed topped the first Saudi Rich List issued in 2009, with a fortune of $16.3bn.

Read more about this topic:  Al-Waleed Bin Talal