Prince Alwaleed – The Richest Person In The Middle East – Was Just Arrested By Saudi Arabian Corruption Police | Celebrity Net Worth 2026

In a part of the world overflowing with billionaires and princes, Prince Al-Waleed is the richest billionaire Prince of them all. He's not only the richest person in Saudi Arabia, he's the richest person in the entire Middle East. Even more impressively, with a net worth of $20 billion, Prince Al-Waleed is currently one of the 20 richest people on the planet. He's a full $15 billion richer than his Uncle, the King of Saudi Arabia. When Alwaleed needs to lay his head at night, the Prince can do so at one of dozens of palaces and mansions around the world. His main residence is a 420 room, 370,000 square foot palace on the outskirts of Riyadh. Al-Waleed's Riyadh palace has its own zoo, complete with giraffes, zebras, and gazelles. He also owns a luxurious residence in the top three floors of Kingdom Tower. His real estate properties in Saudi Arabia are reportedly worth more than $4.5 billion on their own. His super yacht, the Kingdom 5KR, is the 54th largest private yacht in the world. He reportedly has a new yacht being built with a price tag topping $500 million. Have we properly established that Prince Al-Waleed is wealthy yet? Hopefully. So with all that in mind, you might be surprised to know that Prince Alwaleed was just arrested by police in Saudi Arabia.

The reasons behind his arrest are somewhat vague at the moment. What we know is that he is being held on anti-corruption charges with 17 other princes and government officials. They were reportedly arrested while attending an investment conference. And if you're picturing the prince behind bars in a decrepit Saudi jail cell, think again. Alwaleed and his fellow accused, are actually being held prisoner at the Ritz Carlton in Riyadh.