he great Saudi sheikh up: How the king's favourite son is preparing to rule by purging traditionalists - like the prince who owns the Savoy Hotel - in a bid to take power away from hardline Islamic clerics and modernise the kingdom Crown Prince Mohammed bin Salman detained 49 in an anti-corruption sweep They include Osama bin Laden's brother & billionaire Prince Al-Waleed bin Talal Sweep is part of MBS's plans to modernise that include letting women drive Heir, 32, wants to eradicate fundamentalism and promote tolerance in Saudi
Mena: I was surprise to see Saudi prince Alwaleed one of the top 20 billionaires in the world ordered arrested by crown prince Bin Salman for corruption. I taught the billionaire businessmen and bankers were the power behind the thrones and governments in the world. the Saudi assets of billionaire businessman prince Alwaleed has been frozen by the Saudi government.
At least twenty Saudi princes and high ranking bureaucrats has been arrested in Prince Salman anti corruption campaign. Some expert stated that crown prince Salman is doing a purge to consolidate his power in order to replace his father King Abdullah as king without challenge. According to conspiracy theorists billionaire bankers and businessmen ruled the world the case of Prince alwaleed being arrested remind me of Russian president Vladimir Putin ordering the arrest of the richest Russian businessman the billionaire Mikael Khodokovsky and taking over his oil business because he didnt pay taxes but really because Micael Khordokosky was challenging the power of president Putin.d
The 32-year-old (pictured) is trying to modernise the conservative kingdom by purging traditionalists and bringing in new laws that allow women to drive and attend sports games
According to local reports, Prince Al-Waleed bin Talal is one of the men who has been detained in Crown Prince Mohammed bin Salman's 'anti-corruption' sweep. The billionaire owns the Savoy Hotel in London
The Savoy hotel in London which is owned by one of the men arrested in the anti-corruption sting
Mena:I thought the billionaires businessmen and bankers were the most powerful people in the world but there is a possibility the royal families, religious families and secret society families are the most powerful. Saudi Prince Alwaleed is a very famous international investor that financial journalist rate below great USA investors Warren Buffett and George Soros. One of Prince Alwaleed smartest investment was in Citibank. Every year Prince Alwaleed fortune was ranked in the Forbes international 400 magazine.
Prince Alwaleed was very popular in the media because of his luxurious lifestyle.Prince Alwaleed own two boeing 747 jumbo jet passenger aircrafts that he used private jet, he also own one of the biggest yacht in the world. luxurious shops in Paris, London and Beverly Hills will close their doors to the public in order for Prince Alwaleed to shop with his family.
I was surprised to see the internationaly famous billionaire investor prince Alwaleed arrested and detained in a luxurious hotel were he is sleeping on a mattress on the floor.
Arrested: Bakr bin Laden (pictured), chairman of the Saudi Binladin construction group, and brother of 9/11 mastermind Osama bin Laden was detained as part of MBS's purge of Islamist traditionalists
Saudi National Guard Minister Mutaib bin Abdullah bin Abdulaziz (pictured right with Prince Charles) has been replaced with no explanation
Prince Charles (left), flanked by Saudi Prince Alwaleed Bin Talal (second left), his wife Amira delivers a speech during a tour at the official re-opening of the Savoy Hotel in London, on November 2, 2010
Al-Waleed bin Talal: The Saudi billionaire prince who owns London's Savoy hotel and slammed Trump Saudi Arabia's Al-Waleed bin Talal +11 Saudi Arabia's Al-Waleed bin Talal Saudi Arabia's Al-Waleed bin Talal - the billionaire tycoon arrested in an anti-graft crackdown by his cousin Crown Prince Mohammed bin Salman - is no stranger to controversy and making headlines. Ranked among the richest men in the world, the 62-year-old investor is the grandson of two of the Arab world's most high-profile historic figures: King Abdulaziz Al-Saud, the founder of modern Saudi Arabia, and Riad al-Solh, Lebanon's first prime minister. Prince Al-Waleed first burst into the business-meets-politics scene in the late 1980s, when he began building what was to become a global empire of banks, luxury hotels and media holdings. Over the next decade, the prince cultivated an image as a canny investor, proponent of Saudi modernisation and, eventually, staunch critic of Donald Trump. In 2015, he slammed Trump on Twitter for his rhetoric during the US presidential campaign, calling him a 'disgrace to America' and urging him to drop out. In his response, Trump ridiculed him on Twitter as a 'dopey prince'. Prince Mohammed, Saudi Arabia's future king, is meanwhile a close ally of Trump. On the surface, the cousins appear to share the same views, both supporting the right of women in the kingdom to drive. But reports of intense rivalry between the two have also long featured in royal circles. Prince Al-Waleed's arrest is likely to send shock waves across a host of companies that count him as a major investor. The Kingdom Holding Company - in which the prince has a 95 percent stake - owns The Savoy in London, the Fairmont Plaza and the famed George V hotel in Paris. Syrian President Bashar al-Assad (left) shakes hands with Saudi Prince al-Waleed bin Talal bin Abdulaziz during an inauguration ceremony for Damascus' first Four Seasons hotel, March 22, 2006 +11 Syrian President Bashar al-Assad (left) shakes hands with Saudi Prince al-Waleed bin Talal bin Abdulaziz during an inauguration ceremony for Damascus' first Four Seasons hotel, March 22, 2006 The prince, known for having a taste for luxury, also has stakes in Lyft, Twitter, News Corp, Euro Disney and 21st Century Fox. Kingdom Holding's share price dropped 7.6 percent at the close of the Saudi stock exchange on Sunday, in the wake of news of its owner's arrest. Forbes estimates his worth at $18.7 billion, landing him in position number 45 on its list of billionaires this year. He is also an active philanthropist who donates, by his own account, millions of dollars each year to charities. An arch defender of women's rights in a country where women face a raft of restrictions, and an outspoken proponent of political reform, the prince has never made a secret of his views. A vocal supporter of the five pillars or tenets of Islam, he has nonetheless blamed Saudi tradition for holding women back from advancing in society. He has said he once financed the flight training of an aspiring Saudi woman pilot. The businessman spent his college years in upstate New York and northern California, earning a bachelor's degree in business from Menlo College in Silicon Valley and a master's degree in social science from Syracuse. Al-Waleed first appeared on Forbes' list of billionaires in 1988, one year after the annual list was first published. In line with his reputation as a lover of the press, Forbes said it was the prince himself who had first contacted the magazine
EXCLUSIVE -Saudi princes' five star prison: Humiliation of Saudi royals as they are photographed sleeping on bare mattresses in luxury hotel after corruption arrests as Trump says they 'have been milking their country for years!' Photograph exclusively obtained by DailyMail.com shows arrested princes and government ministers in their five-star hotel 'prison' Although no faces are shown Saudi government source says that the men on thin mattresses include Prince Al-Waleed bin Talal, one of Middle East's richest men Crown Prince Mohammed bin Salman of Saudi Arabia ordered dramatic round-up of top princes and ministers in 'corruption probe' Donald Trump, on an extended tour of the Middle East, tweeted full-scale support for the crackdown saying: 'Some of those they are harshly treating have been “milking” their country for years!' But it is widely being seen as part of palace coup to guarantee his power base with the heads of the country's national guard and navy also arrested Some of them were in the hotel last month when it hosted international business figures for an investment conference but are now sleeping on the floor
Humiliation: This image, passed to DailyMail.com by sources inside the Saudi government, shows what were some of the country's most powerful men - sleeping on thin mattresses in the function room of the Ritz Carlton
Turned into a 'prison': The Ritz Carlton in Riyadh was emptied of guests on Saturday night as the round-up of allegedly corrupt ministers and princes got under way