Alwaleed bin Talal

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Musk Clashes With Prince Over Twitter Takeover

He fires back after Saudi shareholder Prince Alwaleed bin Talal rejects takeover bid

(Newser) - In the latest twist in Elon Musk's quest to buy Twitter, the Tesla CEO is clashing with a billionaire Saudi prince. Musk fired back Thursday after Prince Alwaleed bin Talal, a major Twitter shareholder, said he rejects Musk's takeover bid, al-Jazeera reports. "I don't believe that...

Prince Is Free Again, but It May Have Cost a Fortune

Saudi billionaire Prince al-Waleed bin Talal is released after corruption bust

(Newser) - One of the richest men in the world is once again a free man, but it may have cost him a fortune. Saudi billionaire Prince al-Waleed bin Talal walked out of prison Saturday after being arrested on corruption charges as part of a sweeping roundup in November, reports Reuters . More...

Saudis Bust Dozens of Princes, Bigwigs in Corruption Sweep

Dramatic move seen as power play by Crown Prince Mohammed bin Salman

(Newser) - Saudi Arabia has arrested dozens of princes and former officials, including a well-known billionaire with extensive holdings in Western companies, as part of a sweeping anti-corruption probe that further cements control in its young crown prince. A high-level employee at Prince Alwaleed bin Talal's Kingdom Holding Co. told the...

Saudi Prince Is Giving Away His Entire Fortune

Alwaleed's billions will go to charity

(Newser) - The push by Bill Gates and Warren Buffett to get billionaires to give away at least half their wealth to charity just got a major boost: Saudi Arabia's Prince Alwaleed bin Talal says he will give away his entire $32 billion fortune in the coming years, reports Bloomberg . That...

Prince to Build Mile-High Skyscraper ... Somewhere

Saudi billionaire wants potential cities to come to him

(Newser) - A Saudi billionaire wants to put up a mile-high skyscraper—he's just not sure where. But Prince Alwaleed bin Talal isn't about to go begging municipalities for permission. Instead, he wants the big cities of the world—New York, London, and Shanghai are among those he mentioned—to...

Saudi Prince Buys $300M Stake in Twitter

Billionaire calls microblogging buy a strategic investment

(Newser) - The richest man in the Arab world has bought a big stake in the social media service that has helped protesters in the region organize. Saudi billionaire Prince Alwaleed bin Talal has paid $300 million for a stake of around 3% in Twitter, the Wall Street Journal reports. "Social...

Saudi Prince Faces Revived Rape Case

Spanish court reopens alleged attack on 20-year-old model

(Newser) - A Spanish court has reopened a rape case against Prince Alwaleed bin Talal bin Abdulaziz al-Saud of Saudi Arabia, a man Forbes recently dubbed the richest man in the Arab world. Prince Alwaleed allegedly drugged and raped a 20-year-old model aboard a luxury yacht in the Mediterranean in August 2008,...

Saudi Prince: Maybe We Should Let Women Drive

...that way, we can send foreigners home, says King Abdullah's nephew

(Newser) - Maybe women should be allowed to drive, says a senior Saudi prince—whose reasoning isn't that females should enjoy equal rights, or would make excellent motorists. Rather, it would allow the kingdom to send hundreds of thousands of foreigners home, reports Reuters . "A lot of Saudi women want to...

Stewart: Fight Terror, Stop Watching Fox

'Shadowy Saudi' funding mosque is major News Corp shareholder

(Newser) - Jon Stewart is continuing to heed Fox News' advice to "follow the money trail" behind the Ground Zero mosque. The Daily Show host—who labeled Fox a "terrorist command center" last week—notes that Fox hosts criticizing the mosque referred to a Saudi donor who allegedly funds radical...

Saudi Prince, Chinese Bank to Back Citigroup

Foundering US giant will get billions from foreign investors

(Newser) - A Saudi prince and one of China's government banks are expected to invest billions in Citigroup, the Wall Street Journal reports today. The China Development Bank is expected to pump in $2 billion, sources said; the amount billionaire Prince Alwaleed bin Talal would front is yet to be determined, but...

Pimp My Airbus A380
Pimp My
Airbus A380

Pimp My Airbus A380

Billionaire Saudi prince plans to transform world's largest jet into flying palace

(Newser) - A billionaire Saudi prince plans to convert one of the world's largest passenger planes into a flying palace. Prince Alwaleed bin Talal is the first purchaser of the luxury version of the double-decker Airbus A380, price tag $320 million-plus. And that's before he tricks it out with amenities that may...

11 Stories