selling jewelry wholesale to businesses Introduction to Prince Saudi

jewelry gift boxes wholesale singapore Saudi Arabia now has thousands of princes. Among them, the richest is Alvarid Ben-Talale Aller. Prince Alvalid is the nephew of Saudi Arabian king Farch today. He was born in March 1955 in Liade, the capital of Saudi Arabia. His father was the 21st son of the King of Saudi Arabia-Abdul Aziz-Alsaart. Herm's daughter Mona Solhehe. He is also the richest royal member in the world.

The prince received modern education in the United States. In 1979, he obtained a bachelor's degree in business management science with excellent results. In 1985, he obtained a master's degree in social sciences at the University of Schala Chuz. During his studies, he was tireless and studied hard, and he did not impress the children.

In 1979, Alevarid returned to Saudi Arabia after graduation. He began to get involved in the business community with a funding of $ 15,000, and since then, he has launched a series of commercial adventures.

Is after the two oil crisis in the 1970s, Saudi Arabia has harvested oil dollars in the international oil market, and domestic business activities are becoming more active. Alevarid used his relationship with little capital in his hands to start a trade agent and contract business. In just a few years, his annual profits reached tens of millions of dollars. Then, Alvali predicts that the government will greatly stimulate the domestic real estate market by relying on the high welfare policy implemented by the government. He made a decisive shot and bought a large area of ​​real estate in the capital Liye, laying the foundation for him to become the largest local private real estate owner in the future.

With the success of Alvylid in the construction and real estate industry, his wealth has grown rapidly. He established the "Kingdom Holdings Company" and extended an angle to other fields. In 1986, he became the largest shareholder of the United Bank of Saudi Arabia, which was losing money for the year, and transformed the United Bank into Saudi -based commercial banks in 1989. By the 1990s, Alvalid began to set his sights on a wider international market, and successfully used wealth and royal descent to weave a relationship network composed of leaders and businessmen from various countries.

. In more than 10 years, he has recoils the stocks of well -known international companies. The companies he participated in include Citibank, Coca-Cola, Pepsi, McDonald's, Disney, Motorola, the United States Online-Times Warner, Ford, Amazon, EBAY, Kodak, Schola, Siqi Hotel and other well-known international companies. Most of his investment in the United States, currently he is the largest foreign investor in the United States.

The unique investment vision

The bet on the lowest valley of Citibank, as a result, the fame and fortune were paid, and the chairman of Citi was so grateful to him.

In the Western business community, Alvali was regarded as a "savior". As "Economist" said: "If a company is in a crisis of lack of funds, he is one of the only private investors in the world who can easily issue hundreds of millions of dollars to check." N
Arevarids are indeed good at investing in well -known companies that are in trouble, and then use the company's stock rebound to profit. The "Time" weekly magazine calls him "Warren Buffett in the Arab world", and "Forbes" portrays him as one of the most smart investors in the world. Even Buffett, who ranked second in the world in the world, also said when he wrote to Alvylid: "In Omaha (where the headquarters of Buffett Holdings is located), people call me called 'Alevarid in the United States in the United States. '. I am deeply honored. "

I. As an international investor, the most beautiful bet of Alvyd is the largest commercial bank in the United States, Citibank. In the autumn of 1990, Citi Bank was urged to increase capital reserves by the US Federal Reserve due to losing money in real estate loans, but it could not find more than $ 1 billion in investment for a while. As people are afraid of Citi bankruptcy, its stock has plummeted in the stock market. At this time, unknown Alevarid bought Citi ’s 4.9%ordinary shares at the time for $ 207 million ($ 12.46 per share). This is the upper limit of his shares in accordance with the law. In February of the following year, he bought Citi's new preferred shares for $ 590 million. They could be replaced with a price of $ 16 per share, accounting for 10%of Citi. Two stock purchases have raised Alvyd's shares in Citi to 14.9%.

With the fading of the Citibanic capital crisis, the bank's stock was upright, and Alvali was alarming and fame and fortune. John Reed, then the chairman of Citi, was so grateful to the prince and praised him as "a very patient investor." Alevarid himself said, "If I want to do, I will do it with a shocking, or I just don't do it."

has spent hundreds of Alevarid since 1990, Alvali RMB 100 million invests in the US stock market. Some people say that even when an experienced investor like Buffett feels confused about the securities market, he dares to make a heavy bet. Of course, his investment does not always return immediately. In the past few years, the Internet bubble was burst, and he had been buying online stocks. He was also repeatedly packed. Alvali admitted that he had suffered losses, but he rarely threw stocks and repeatedly emphasized that he was "a long -term investor. "". He said: "I think there are still many opportunities in American companies, but they must be cautious in action."

The reason is obsessed with online stocks. bell. He has the reputation of "Arabian World IT Pioneer". He hopes that Saudi Arabia will become the most advanced country in the Arab world, and has more computers, migration and Internet facilities than neighboring countries. It is said that when Motorola's Startac phone was just listed, he ordered 200 for himself, family, and relatives and friends, and finally sent 700 Motorola mobile phones.

I luxury life

The $ 130 million in his palace, with 317 rooms, 8 elevators, and 180 servants.

Alvylid is energetic and only sleeps for 5 hours a day so that he can walk more in the desert or work outside. He himself claimed to play 31 sports and "good at all these movements." He is upright and regard himself as a bridge to communicate with the United States and Saudi Arabia. He has a micro -word for the Middle East policy in the United States, but also opposes the conservative style of the country.

among the thousands of princes in the Saudi royal family, Alvali is undoubtedly the richest one. He has set up modern tents in the desert near Lyader, and has a good job setting of high -tech office settings such as mobile phone, fax machines, printers, computers, satellite communication equipment for him to master the securities market and investment opportunities around the world at any time. Five years ago, he built an extremely luxurious modern palace in Riyadh with $ 130 million and high -tech. There are 317 rooms in this palace with a total of 520 TVs, 400 telephones, 8 elevators and several swimming pools. The top layer of the palace is an aircraft runway, with as many as 180 maids in the palace. In addition to tens of billions of dollars stocks and several palaces, Alvali also has one -driving Boeing 737, a Boeing 767 and a helicopter. His 288 -foot -long "Kingdom" luxury yacht was often moored in the French resort Cottzer for his use of summer.

. Like many princes in Saudi Arabia, Alvali was shot. When he was shopping with his ex -wife in France, he bought an emerald diamond necklace worth $ 12 million at a time. He defended the luxury life of the Saudi royal family and said: "Wealth is a blessing. If wealth is used correctly, it is not a waste or abuse. It is worth it for all items. "In August 2002, to celebrate another luxury restaurant that he had, Alevarid held a concert in the famous tourist destinations of Egypt. No more than 140 people were invited to attend Essence For this concert, Alvalid sent a special aircraft to pick up 76 well -known singers from various countries. After the meeting, the gift he gave to these singers turned out to be the world's well -known "BMW" brand.

While enjoying the luxury, Alvali did not forget to help others. He provided funding for humanitarian organizations in some countries. When disaster occurred in the Middle East, Africa, Eastern Europe, and elsewhere in the world, he would also provide assistance for his own pocket. In Saudi Arabia, he will take out hundreds of millions of dollars every year to rescue the poor, and even Zhou Ji who are not wealthy princes. Therefore, in the local area, he is not only a successful businessman, but also a well -known charity in the country.
Reference materials: Finance.sina
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