Saudi Prince Alwaleed bin Talal al Saud is one of the richest men in the world. With a net worth valued at $20 billion, Prince Alwaleed is no stranger to investing. Alwaleed has a 5% stake in Apple shares and has known Steve Jobs for many years. Saudi Prince joined Maria Bartiromo in a CNBC Exclusive.
Prince Alwaleed extended his condolences to Jobs’ family & friends. “Clearly we have lost a big legend. We will miss him a lot. Clearly he wanted to conquer the world with consumer products,” Prince Alwaleed said.
3 Apples That Changed the World
Prince Alwaleed pointed out three “apples” that changed the world, the “Adams Apple”, the “Newton Apple” and “Steve Jobs’ Apple.”
The Prince talked about his meetings with Jobs and what he saw in the man and in the company, “When I first invested in Apple I had many meetings with my friend Steve Jobs and he had a vision. That was before the iPod, Phone, iPad and clearly he wanted to conquer the world with consumer products, he was telling me that. Thank God his dream was fulfilled before he left us,” Prince Alwaleed said, then added, “I have confidence his legacy will continue because he has built a culture (that is) very innovative and very much pushing forward. I think he leaves us with the company very very healthy and it’s one of the highest market capitalization in the world,” added.