Saudi Prince Lands in Zagreb Looking to Invest?

by croatiaweek
August 6, 2014
in Business

Saudi business magnate, investor, philanthropist Al-Waleed bin Talal bin Abdulaziz al Saud, who is also a member of the Saudi royal family, has arrived in the Croatian capital Zagreb on board his own private Boeing 747…

The Saudi Prince, who is currently staying in the presidential suit at the luxury Esplande Hotel, has arrived unannounced without any fanfare. Al-Waleed (59), whose estimated wealth of 21.4 billion USD makes him the 30th richest person in the world, arrived in Zagreb with a delegation of 30 on Monday. Daily Vecernji list reports that the Prince is in town to check out some possible investment opportunities.

London’s Savoy Hotel owned by Waleed

Al-Waleed has spent his down time in the capital by riding a bicycle around the city and checking out the sites around town. Al-Waleed, who is a renowned investor, is the founder, CEO and 95 percent-owner of the Kingdom Holding Company, a Forbes Global 2000 company with investments in companies within various sectors such as banking and financial services, hotels and hotel management companies, mass media, entertainment, retail, agriculture, petrochemicals, aviation, technology, and real estate.