Prince Alwaleed is one of the world's greatest investors. Born in 1955, he started out as an investor in the late 1970s by opening a small office on a side street in Riyadh, Saudi Arabia. He had $30,000. By 1988, Alwaleed was the subject of a Forbes profile. He was 33.
Today, he is one of the richest men in the world, with an estimated net worth of around $20 billion. He controls a vast fortune through Kingdom Holding Co., of which he is the founder, CEO and 95% owner. He has created his fortune through a mix of private and public investments across dozens of industries in over 130 countries.
You can make a good case that he's the No. 2 greatest investor ever behind Warren Buffett. And though I'm getting tired of these kinds of labels, he's been called "the Arabian Warren Buffett." (Buffett, in a metaphorical tipping of the hat, called himself "the Alwaleed of America.") A better nickname comes from Forbes, which called him "the Prince of Deals."
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