Saudi Arabia’s HRH Prince Alwaleed Bin Talal, the Middle East’s wealthiest man, walked away unharmed from a horrific car crash at the weekend, according to unconfirmed reports.
Prince Alwaleed, chairman of Riyadh investment firm Kingdom Holding, was said to be driving from Jeddah to Makkah on Friday as part of ruler King Abullah’s convoy before an accident caused his vehicle to dramatically flip over three times.
While images that later appeared on social network Twitter appeared to show the prince’s car completely written off, Alwaleed himself was reportedly in good health following the crash.
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Alwaleed, who topped this year’s Arabian Business Power 500 list for the eighth year in a row, is worth approximately US$21bn. Through Kingdom Holding he holds stakes in companies including Citigroup, Apple and Twitter. He is also one of the world’s most prolific philanthropists, having donated more than US$3bn to good causes.
A spokesperson for Kingdom Holding did not immediately respond to a request for comment from Arabian Business.
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