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Prince Alwaleed's wealth rises to $24.5B
Saudi Prince Al-Waleed Bin Talal's wealth has increased to approximately $24.5 billion, following the rise in the value of his stake in SpaceX to around $3.2 billion, with expectations that its value will reach about $4 billion. These gains come as the company prepares for an initial public offering anticipated to raise around $75 billion, the largest in history, amid Saudi efforts to invest in artificial intelligence and diversify the economy away from oil.
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