Prince Walid bin Talal earns billion in a day

Saudi prince Al-Waleed bin Talal's wealth increased by approximately $949 million in just one day, reaching around $23.6 billion according to Forbes data, which placed him at rank 113 globally. This surge was driven by a rise in the shares of the technology and artificial intelligence sectors, which comprise a significant portion of his investments, with his personal investments in technology totaling about $9.2 billion. Additionally, the Kingdom Holding Company, of which he is chairman, saw gains in the aviation sector following the initial public offering of Air Arabia, reflecting a strong recovery in global markets and a focus on future-oriented sectors.