StudentShare solutions
Triangle menu

AlWaleed Bin Talal - Essay Example

Not dowloaded yet

Extract of sample
AlWaleed Bin Talal

His professional and financial initiatives AlWaleed’s prominence in investment surfaced in 1990s when he bought substantial shares in Citicorp, when the firm was experiencing financial crisis. Al Waleed’s bailed out Citibank with an initial investment of $550 million, an investment that has grown to about $1 billion currently. In 1997, AlWaleed was reported to have owned about 5% of News Corporation - stake that had grown to about 7% in 2010 ($3 billion) (Gustin 2). In February 1991, AlWaleed bought new preferred shares amounting to about $590 million. These investments increased his stake in Citigroup from 10% to 14.9%. Afterwards, he invested in a variety of companies including Apple Inc., AOL, MCI Inc., Fox News, Motorola and many other media and technology companies. Prior to 2007-2010 financial crises, his shares in Citibank at some point accounted for about half of his assets (Gustin 3). Al Waleed is the owner of Rotana Group, the Arab world's largest entertainment corporation. This company is also owned by News Group, which holds 18.97% of its stake. Rotana Group is an expansive pan-Arab media establishment that incorporates Rotana Magazine, a film production company, Rotana Record label, Rotana TV, and seven music channels (Rotana Radio). In 2005, Al Waleed stakes in Apples were disposed. On the down side, Al Waleed has happened to invest in the airline TWA and Eastman Kodak, which have performed quite poorly. He has also invested heavily in the real estate sector, where he has stakes in the Plaza Hotel and the Four Seasons hotel in New York. In December 2011, he invested $300 Million in Twitter, which gave Kingdom holding more than 3% stake in the company (Knickmeyer 5). His personal initiatives AlWaleed has participated in significant philanthropic initiatives that have build bridges between the West and the Islamic world. He strongly believes that promoting harmonious global co-existence is an imperative role of global philanthropy. In his early life, he capitalized on his advantaged upbringing to share his resources with the less-advantaged in the society. When he was growing up and started accumulated wealth, he upheld his believe in giving and sharing his wealth as an obligation to his God. Up to date, he strongly believes in the principle of giving and sharing of wealth with the less privileged. He also made efforts to dismiss the view that Saudi Arabia was not affected by poverty and reached out to poor remote desert hamlets had urban neighborhoods. As a global philanthropist and investor, AlWaleed has upheld long-term relationships with former heads of states, NGOs, academics, religious and business leaders, and political leaders from around the world. AlWaleed is also a staunch religious believer, hard-working, and gifted in multitasking. In this regards, he holds libel political and religious perceptions, and he subscribes to a Global vision of mutual respect and tolerance amongst different states, communities and faiths (Peel 5). There are a total of three philanthropic Foundations established by Alwaleed – all committed to supporting humanitarian projects in Lebanon, Saudi Arabia and other parts of the world. These programs are generally ...Show more


Prince AlWaleed Bin Talal as a Financier and formulate an understanding of the character’s personal, professional and financial initiatives over their careers. Name: Course: Professor: Institution: City and State: Date: Contents Prince AlWaleed Bin Talal as a Financier and formulate an understanding of the character’s personal, professional and financial initiatives over their careers…
Author : ignatius34
AlWaleed Bin Talal essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"AlWaleed Bin Talal"
with a personal 20% discount.
Grab the best paper

Related Essays

Argumentative Essay: Killing Osama Bin Laden
According to international humanitarian law, the killing of Laden seems justifiable as there was armed conflict involved. In addition, as the law indicates, there was intense conflict and the actor was an organized group. Thus, it becomes evident that killing of Laden is legal according to humanitarian law.
2 pages (500 words) Essay
Catch it Bin it Kill it
Arranging for stock includes not only making sure that the right set of medicines and vaccines are in place, and in right number; but it also comprises of making sure that all the caretakers like doctors, surgeons, and the like are protected and informed and thus, they are ready to deal with the increasing number of patients (NPS, 2011).
6 pages (1500 words) Essay
Why The Capture of Bin Laden Is Not Enough Justification
When the United States successfully captured and killed Osama bin Laden in Pakistan on May 2, 2011, many people agreed that the means justified the end. Shah reported in The Guardian on July 11, 2011, however, that the Central Intelligence Agency (CIA) organized a “fake vaccination drive,” in order to acquire Bin Laden’s family DNA.
6 pages (1500 words) Essay
The Worlds Biggest Criminal (Osama bin Laden)
Argumentative Essay – The World’s Biggest Criminal (Osama bin Laden) When it comes to criminals, Osama bin Laden’s name takes the lead. He was the most wanted man on the face of the earth until he was killed on 2nd May 2011 by the US Navy SEALs in Abbottabad, Pakistan.
2 pages (500 words) Essay
Techniques for data analysis
(See fig. 1). According to Farlex (2012): An Investment bank refers to ‘A financial institution that provides a variety of services for clients, such as: Underwriting Facilitating transactions Assisting in mergers and acquisitions Brokering These services are vary by financial institution and by country.
16 pages (4000 words) Essay
Improvements to the Law as Introduced by the Defamation Act 2013
Improvements to the Law as Introduced by the Defamation Act 2013 In relation to freedom of expression and people’s dependency over the use of information technology such as the Internet, the Defamation Act 2013 was enacted in order to improve the existing English defamation law.
10 pages (2500 words) Essay
Four Seasons Hotels And Resorts
These properties operate under the Four Seasons brand name in principal cities and resort destinations in 31 countries in North America, The Caribbean, Europe, Australia, Asia, The Middle East and South America.
8 pages (2000 words) Essay
Architecture, Women and History in Saudi Arabia
The Kingdom Centre,also known as Al-Mamlakah , is the tallest skyscraper in Riyadh as well as the whole of Saudi stands 302 m (992 ft) tall and is considered the 25th tallest building in the world. The tower is built on area of 94,230 square meters of land, while the whole centre is built on a total area of 300,000 square meters.
5 pages (1250 words) Essay
Textual Analysis: Ich bin ein Berliner
Kennedy’s most influential sentence in the speech, “Ich bin ein Berliner” provided his identification with people of West Germany. Through his speech, Kennedy declared the U.S solidarity and support for the liberation of
4 pages (1000 words) Essay
Leadership Paper
According to Miller (2011), a business leader act as the arrowheads providing a direction to all the human resources working for any given organization. In this case, a business leader provides guidance as well as direction to subordinate employees regarding the
10 pages (2500 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation