Prince Alwaleed was born in 1955, he is the grandson of two remarkable, and in some ways legendary, historical figures, King Abdulaziz Alsaud, founder and first ruler of Saudi Arabia, and Riad El Solh, an iconic statesman in Lebanon’s drive for independence and its first Prime Minister. The uncommon achievements of those two personages must have loomed large in shaping Prince Alwaleed’s propensity towards excellence, as became evident in his school years. He received his Bachelor of Science in Business Administration, magna cum laude, from Menlo College in California in l979, and his Masters in Social Sciences with Honors from Syracuse University in New York in 1985.
In recognition of his business and civic accomplishments, Prince Alwaleed has been the recipient of numerous honors and accolades from many organizations, societies, monarchs and heads of state. These include 23 Honorary Doctorates from universities in the U.S., Britain, Korea, Egypt, Malaysia, Ghana, Palestine, Philippines, Tunisia and Uganda, Indonesia, Bulgaria and Madagascar. The citations accompanying these honors particularly point to his financial contributions to education, international understanding, coexistence, and to the provision of assistance to the victims of natural disasters, as well as to the poor and needy, irrespective of nationality, race or creed.
Founded in 1980, Kingdom Holding Company (KHC), is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in July 2007. KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player in the Arabian Gulf region and internationally. KHC’s portfolio has its main interests in local and international investments that include landmark hotel properties, hotel management companies, real estate, financial services, technology, media, entertainment, retail, agriculture, petrochemicals and aviation.
Landmark hotel properties include the George V in Paris, the newly renovated Fairmont Plaza in New York City and The Savoy in London, in addition to the Fairmont in San Francisco and Four Seasons in Toronto.
Hotel Management Companies include the following world-renowned brands: Four Seasons Hotels & Resorts, Fairmont Raffles Hotels (which include Fairmont, Raffles and Swissotel) and Mövenpick Hotels & Resorts.
KHC’s local investments include publicly listed companies such as Saudi Research and Marketing Group (SRMG), TASNEE (National Industrialization Company) and privately owned entities as National Air Services (NAS), Kingdom Hospital, Consulting Clinics, Kingdom City, Kingdom Centre including the Four Seasons Hotel Riyadh, Kingdom Schools. KHC has two significant real estate developments, one in Jeddah aggregating 5.3 million sqm and over 1000m tower, and the other in East of Riyadh aggregating 16.7 million sqm.
Moreover, the Company’s international investment portfolio contains many blue-chip companies including Citigroup, News Corporation, Twitter, Time Warner, Apple Inc, Walt Disney Co., Disney Land, Paris and others. In addition to its public company activities, KHC is also extremely active in the area of private equity in Saudi Arabia and developing markets within the Middle East, Africa and Asia.