Kingdom Holding chairman among '50 richest people'
JEDDAH, April 14, 2016
The chairman of Kingdom Holding Company has been ranking among Business Insider's '50 Richest People on Earth' list.
Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud is known for his precision for exploring new and potential business opportunities and ventures in synchronisation with the direction and fluctuations of the economic climate, said a statement.
Moreover, the Prince is active in social responsibility projects through significant local and international donations made by Alwaleed Bin Talal Foundations span all the continents, it said.
Founded in 1980, KHC is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in 2007.
It is a diversified business organisations, highly respected in the field of investments and recognised as an elite player in the Arabian Gulf region, and internationally.
KHC’s portfolio has its major interests in investment categories ranging from luxury hotels management, hotel companies and real estate investment sector, to hotel real estate investments.
KHC also has investments in petrochemicals, media, entertainment, banking and investment sector, technology and transportation.
Moreover, the company has investments in education, medical services, aviation, in addition to the private equity sector. - TradeArabia News Service
