Chairman of Kingdom Holding Company, Prince of Arabia
Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), was ranked wealthiest Arab in the 2009 Wealthiest 34 Arabs List in Forbes Arabia making the Prince the wealthiest Muslim. This acknowledgment followed Arabian Business’s number one ranking in the Magazine's 2009 Power 100 list of the World’s Most Influential Arabs for the 5th year running. Despite the global economic slumps, Prince Alwaleed managed to maintain the relative stability of Kingdom Holding Company’s portfolio. Economic experts predict that the reason for this is that the Prince’s investments are not focused in one field and instead cover all aspects of life. His successful strategy in long term investment has also paid off handsomely.