Watch in pics the diamond-studded Mercedes Benz

New Delhi: Prince Alwaleed Bin Talal of Saudi Arabia is fond of expensive things – the most special passion being expensive cars. He has a lot of cars but the most important and his favourite is the Mercedes Benz.After getting his 37th car, the Prince decided he needed something special for his 38th. So he bought a Mercedes Benz. Well, it does not sound that incredible, does it? So, he had diamonds encrusted all over the car. He added some Swarovski crystals just for good measure. And when we say all over the car, we do mean all over. Diamonds are encrusted not only in the body, but also in the tailpipe, the wheel rims, the logo, the door handles. It was unveiled in Dubai during the carmaker's anniversary. Not sure if he was short of money to pay for the $48 million car because reports have it that he is charging a thousand dollars to anyone who wants to touch it. His Royal Highness Prince Al Waleed bin Talal bin Abdulaziz Al Saud is a Saudi Arabian national who is the Chairman and Chief Executive Officer of Kingdom Holding Company, or KHC. He is one of the richest men in the world, with a net financial worth amounting to around $20 billion. Coming from the oil-rich Middle Eastern country, one would think that he earned his wealth from the oil and gas industry. Prince Al Waleed, however, made his mark in real estate properties and construction, before cementing his fortune in the banking industry.