News Business 20 richest people in 20 major countries

20 richest people in 20 major countries

New Delhi: Forbes has released their annual list of the world's richest people ranking a giant 1,645 billionaires across the globe. Among the top 50 are the usual faces of tech (as in Facebook and

The richest Saudi Arabian: Prince Alwaleed Bin Talal Alsaud

Net worth: US$20.4-billion

Forbes rank: 30



One of some three-dozen living grandsons of the first Saudi King Abdulaziz, this prince is a prominent but atypical royal. Prince Alwaleed bin Talal owns a broad swath of stakes in private and public companies in the U.S., Europe and the Middle East, mostly through Kingdom Holding Co., 5 per cent of which is listed on the Saudi Stock Exchange. Holdings include stakes in News Corp, Citigroup, hotel management companies Four Seasons Hotels & Resorts, Movenpick Hotels & Resorts and Fairmont Raffles Holding, as well as hotel real estate such as the swanky Hotel George V in Paris and a stake in the Savoy Hotel in London. The Prince has a $500 million personalized Airbus A380 also called the ‘Flying Palace' along with a collection of more than 300 cars of the best breed is simply jaw dropping.

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