Prince Alwaleed and Bill Gates discuss their joint projects
- Saudi Arabia: Saturday, February 02 - 2013 at 15:06
- PRESS RELEASE
HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) met with Mr. Bill Gates, Co-Founder and Chairman of Microsoft and CEO, Cascade Investment, L.L.C and Co-Chair of the Bill & Melinda Gates Foundation at The Savoy Hotel, during His Highness visit to London, UK.
During the meeting the two discussed the latest economic developments. Moreover, Prince Alwaleed and Mr. Gates discussed topics related to KHC's international investments including its stake of 47.5% in the Four Seasons which is co-owned by Bill Gates' Cascade with a 47.5% stake, which the remaining 5% is owned by Mr. Isadore Sharp. Also, the two discussed future potential collaboration.
In October 2012, Prince Alwaleed held a private meeting with Mr. Bill Gates, during His Highness visit to Abu Dhabi. Furthermore, Prince Alwaleed and Mr. Gates attended the inauguration of the 3rd Abu Dhabi Media Summit on Tuesday October 9th 2012. During the event, a keynote speech was given by Mr. Gates.
In January 2012, Prince Alwaleed received Mr. Gates, at Kingdom Resort. The meeting was attended by HH Princess Ameerah Al-Taweel, Vice Chairwoman and Secretary General of Alwaleed Bin Talal Foundation that is chaired by Prince Alwaleed. During the meeting the two discussed potential collaboration between Alwaleed Foundation and the Bill & Melinda Gates Foundation.
Prince Alwaleed has attended the annual Microsoft CEO Summit held at the Microsoft Conference Center in Redmond Campus in Seattle, Washington. The Prince's visit was in response to an invitation from Mr. Bill Gates to attend the event. The Prince was accompanied by his spouse Princess Ameerah Al-Taweel and a delegation from KHC, and the Foundation. The Summit was exclusive to 100 CEOs most influential in the world. During the function, Prince Alwaleed met with some of the most prominent CEOs that included Mr. Warren Buffett, Berkshire Hathaway Chairman and CEO. There was an opportunity to discuss general issues, topics related to investments and HRH's international investments especially in the United States.
HRH has significant investments in the US through KHC in the banking sector through Citigroup where he is the largest individual shareholder, in the media sector through News Corporation, and hotels sector through the management of Four Seasons Hotels and Resorts, Fairmont and The Plaza Hotel, New York. In addition to prestigious hotels in various US states. Moreover, investments in the entertainment sector through Time Warner and Walt Disney, and in the Social Media and Technology sector via Twitter and many other investments in the US.
Prince Alwaleed's investments through KHC in the United Kingdom include The Savoy hotel one of KHC's major investments in the United Kingdom, Canary Warf in the real estate sector and Citigroup in the financial sector. In addition, other investments include a 47.5% interest in the Four Seasons Hotels and Resorts which manages 3 hotels; London at Park Lane, London at Canary Wharf and the third in Hampshire.
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