HRH Prince Alwaleed bin Talal Abdulaziz Al Saud It has been a relatively quiet year for HRH Prince Alwaleed, whose arrest in Saudi Arabia’s 2017-2018 corruption purge stifled his business dealings during and, to some degree, after his detention in Riyadh’s Ritz-Carlton for almost four months. Having dropped out of Forbes’ World’s Billionaires list in March last year, and with his net worth… It has been a relatively quiet year for HRH Prince Alwaleed, whose arrest in Saudi Arabia’s 2017-2018 corruption purge stifled his business dealings during and, to some degree, after his detention in Riyadh’s Ritz-Carlton for almost four months. Having dropped out of Forbes’ World’s Billionaires list in March last year, and with his net worth dropping by a reported 58 per cent, the prince has made a steady return to prominence lately, with his Kingdom Holding Company reviving loan talks and making notable investments, including $200m in Dubai-based ride-hailing app Careem – a company Alwaleed had already acquired 7 per cent of in 2017. Despite his return to business as usual, the past year will also be remembered as a difficult one of Alwaleed due to the death of his father, Prince Talal bin Abdulaziz. Chairman, Kingdom Holding Company Origin:KSA Residence:KSA Sector:Finance