Shares of Saudi Arabia’s Kingdom Holding, an international investment company controlled by Prince Alwaleed Bin Talal, soared in January when he was freed after two months of being held captive at a Ritz Carlton in Riyadh, Saudi Arabia. Turns out investors may have celebrated too soon. As people following the story may recall, Prince Alwaleed was arrested in early November with… Read More
Category: Giving Pledge
Tech’s favorite royal — Prince Alwaleed bin Talal — has been arrested in Saudi Arabia
In a move sure to shock the business world, Saudi Arabia last night announced the arrest of at least eleven princes, including renowned billionaire investor Prince Alwaleed bin Talal, as part of a sweeping corruption investigation. Prince Alwaleed controls the investment firm Kingdom Holding and is one of the world’s richest men, owning or having owned major in satellite TV networks, as… Read More