Prince AlWaleed Richest Arab for 7th Year

By Arab News

RIYADH: Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), has topped Arabian Business Magazine’s 2010 50 Richest Arab List for seven consecutive years.

“Although global markets are only just beginning to recover from recession, Kingdom Holding Company chairman’s canny investments have seen his wealth grow…the prince shows no signs of slowing down,” said the magazine.

Prince Alwaleed is known for his precision for exploring new and potential business opportunities and ventures in synchronization with the direction and fluctuations of the economic climate.

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