RIYADH: Prince Alwaleed Bin Talal, chairman of Kingdom Holding Company, has been ranked No. 1 for two consecutive years in the list of the World's 50 Most Influential Arabs. This year he again tops Middle East's Magazine's 2010 list. The magazine referred to the prince as “...outright winner of our poll is Saudi Arabia's Prince Alwaleed Bin Talal. This multibillionaire businessman is also a generous philanthropist with a strong social conscience.” Prince Alwaleed is active in social responsibility projects through significant local and international donations made by his philanthropic and humanitarian foundations span all the continents. “Known for his precision for exploring new and potential business opportunities, and ventures in synchronization with the direction and fluctuations of the economic climate, Prince Alwaleed was acknowledged for his active philanthropy and was featured among 500 Most Influential Muslims List in Islamica Magazine, 2009.” The magazine referred to the prince as “…an entrepreneur and investor who has built up a fortune through real estate and the stock market. … Prince Alwaleed philanthropic clout comes from his position among the richest in the world.” Consequently, KHC was listed on Tadawul in 2007 and Prince Alwaleed, who owns 95 percent of the company, has been involved in the creation of a diversified long-term investments portfolio of strategic stakes in well-known companies locally and around the world, in multiple sectors. Prince Alwaleed's unique progressive thinking and active social network with global leaders, decision-makers and business people has firmly placed him and his company on the world business map. Prince Alwaleed was ranked one of the top 20 billionaires in the 2010 Forbes Billionaires list and ranked No. 1 in Middle East's Magazine's 2009 list of the World's 50 Most Influential Arabs. The prince was featured in Elan magazine's 2009 list of Top Entrepreneurs of the Year, and the prince topped Institutional Investor magazine's 2009 list of the 12 of Middle East's Most Prominent and Influential Financiers.
