The prince was ranked 26th on the 2011 Forbes Billionaires list and still remains the wealthiest Muslim and Arab. Prince Alwaleed continues to be the richest Muslim and Arab with a net worth of $19.6 billion.

Forbes magazine started its annual list of the richest people in the world 25 years ago to monitor the wealth of the richest each year.

Despite the meltdown the world economy witnessed that still persists, Prince Alwaleed managed to maintain a relative stability of KHC’s portfolio. Economic experts predict that the reason for this is that the prince’s investments are not focused in one field and instead cover all aspects of life. His successful strategy in long-term investment has also paid off handsomely, which has earned him a global name in the world of business.