About Prince Alwaleed bin Prince Al-Waleed bin Talal bin Abdul Aziz Al Saud (Arabic: الوليد بن طلال بن عبد العزيز آل سعود‎) (born 7 March 1955) is a member of the Saudi Royal Family. He is the nephew of the Saudi Arabia King Abdullah, and the grandson of the first Lebanese prime minister after independence Riad as-Solh. An entrepreneur and international investor, well connected in politics and power houses in Saudi Arabia and Lebanon, he has amassed a fortune through investments in real estate and the stock market.As of 11 March 2009 his net worth is estimated at US$13.3 billion, down from $21 billion, according to the Arabian Business rich list published December 2, 2008. He is ranked by Forbes as the 22nd richest person in the world. He has been nicknamed by Time magazine as the Arabian Warren Buffett.