24 Hrs
Source:
الاقتصادية
Prince Alwaleed's wealth surge in 2026
Prince Alwaleed bin Talal's wealth has increased by approximately $9.7 billion since the beginning of 2026, recording a significant rise of 56% to reach $26.9 billion. This increase is due to the reevaluation of his investments in SpaceX and the rise in the stock price of Saudi Basic Industries Corporation (SABIC). Recent developments confirm that his stake in SpaceX is valued at $4.47 billion, accounting for about 0.29% of the company's shares. Meanwhile, the value of SABIC shares has increased by roughly 60% since the start of the year. These gains have contributed to a total increase of about $9.9 billion in the combined wealth of seven Arab billionaires, reaching $90.7 billion, with Alwaleed topping the list of the fastest-growing billionaires among Arabs.
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