Even after losing 4.6 percent of his personal wealth in the past year, Saudi Prince Alwaleed bin Talal, 54, Citigroup Inc.’s largest individual investor, has been ranked the richest Saudi national by Arabian Business.
Alwaleed’s assets are valued at $16.3 billion, compared with $17.1 billion last year. Forbes magazine estimated he was worth $13.3 billion in March, ranking him 22nd among the world’s billionaires, Bloomberg News reports.
Prince Alwaleed earned a bachelor’s degree from Menlo College near San Francisco.
Here is President Obama greeting Saudi King Abdullah last April.