His Royal Highness Prince Alwaleed Bin Talal Bin AbdulAziz Alsaud, recipient of the 2000 ABANA Lifetime Achievement Award, is a private entrepreneur and an international investor. He began building his investment portfolio in 1979, when he returned to Saudi Arabia after graduating from college in the United States. Prince Alwaleed started a number of business ventures, initially focusing on construction and real estate. Over time, the Prince�s investments rapidly grew and led to the formation of Kingdom Holding Company, a diversified yet focused investment entity. Kingdom Holding�s primary interests lie in banking, real estate, telecommunications, broadcasting and media, entertainment, hospitality, computers and electronics, agriculture, restaurants, upscale fashion, retailing, supermarkets, tourism, travel, and automotive manufacturing.
The son of Prince Talal Bin AbdulAziz Alsaud and grandson of King AbdulAziz Alsaud, Prince Alwaleed approaches philanthropic work with the same dedication he gives to his investment activities. He has financed the construction of over eighty mosques and built electricity generators, wells, roads and bridges throughout the kingdom. The Prince�s Kingdom Hospital and Kingdom Schools in northern Riyadh are setting new standards in state-of-the-art health care and education.
Prince Alwaleed holds a B.S. in Business Administration from Menlo College and a master�s degree in Social Science from Syracuse University, as well as honorary degrees from the University of New Haven, Kyungwon University in Korea, and Syracuse University. He has been recognized for his strong support of Arab artists, and is the recipient of The Star Decoration of the First Order from King Hussein of Jordan; the National Cedar Decoration of the Commander Order from Lebanese President Elias Harawi; the Diplomatic Merit of the Heung-In Medal from Korean President Kim Dae-Jung; The Medal of the Presidency of the Italian Republic; the Gold Medal of the City of Cannes, France; and the King AbdulAziz Medal of The First Order for Distinguished Businessmen.