Prince Al-Walid's wealth grows by 10B

Prince Al-Waleed bin Talal's net worth increased by approximately $10 billion in 2026, reaching around $26.8 billion. The bulk of the gains are attributed to his announcement of his stake in Elon Musk's SpaceX. The Kingdom Holding Company owns investments worth nearly $4.47 billion in SpaceX, while the company's stock has declined by 6.4% in the Saudi market. Meanwhile, the share price of Kingdom Holding has continued to rise, gaining about 60% this year.

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