Contributor Perspectives

A Less Charitable Outlook for Saudi Arabia

Anisa Mehdi
Board of Contributors
Nov 15, 2017 | 09:30 GMT
Saudi Prince Alwaleed bin Talal bin Abdulaziz al-Saud, one of the world's wealthiest entrepreneurs and the head of Alwaleed Philanthropies, is among dozens of members of the kingdom's business and political elite accused of corruption.

Saudi Prince Alwaleed bin Talal bin Abdulaziz al-Saud's recent arrest on corruption charges has left international investors and charitable organizations wondering what will become of his $32 billion fortune.

(FAYEZ NURELDINE/AFP/Getty Images)

International investors are wondering what will be the fallout of the corruption accusations against Prince Alwaleed bin Talal bin Abdulaziz al-Saud, one of the world's wealthiest entrepreneurs and a cousin of Saudi Crown Prince Mohammed bin Salman. Bin Talal's Kingdom Holding Company manages more than $12.5 billion in investments across...

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