“When we are gone, do not look for our tomb in earth, but find it in the hearts of people.”
– Mevlana Rumi
Must read story of a man who made 30 Crore from nothing.
He could just pass 10th. He was jobless. Nothing too much in the name of assets.
He reached Mumbai in search of a job. It was not a great start for him. He was looted outside the Bandra station for the only rupees 200 he had and other belongings. He lost everything excluding the clothes he was wearing.
The most unfortunate thing was that he was robbed by the person who accompanied him to Mumbai and promised a rupees 1200 per month job. Because he feared that his parents would not allow him work in Mumbai, he came to Mumbai without informing them.
Before coming to Mumbai, he worked in Chennai and earned rupees 250 a month. He would send the money to his family in Nagalapuram Village located in the Tuticorin district of Tamilnadu. His family included his parents and seven siblings.
Nothing permanent in this world, not even our troubles.
– Charlie Chaplin
“Many people have serious academic degrees but cannot find a job, and sadly their degrees are so limited that they cannot even think about how to create a job for themselves.”
~ Haki R. Madhubuti
One of Saudi Arabia’s biggest visionaries and businessmen, Prince Al Waleed bin Talal is an inspiration to millions of businessmen out there who wish to sustain a family business and take it further beyond the realms of imagination.
Born in Jeddah, he is the head of The Kingdom Holding Company and is one of the most influential people in the world, according to Time– a testament to his personality and business ethics.
He is mainly known as the chief executive officer of the KHC and through his hard work and effort, the company had emerged as a leader in various sectors in the Saudi Arabian kingdom, including banking and finance, hotel management, mass media, entertainment, retail and agriculture to name a few.
Apart from this, he is also the owner of some of the world’s best known hotels and production companies, including the Four Seasons Hotel George V in Paris and the second-largest voting shareholder of 21st Century Fox.
Initially, Al-Waleed was a troublesome child as he had not come to terms with his parents’ separation. His father was the finance minister of Saudi Arabia in the early 60’s. Prince moved to Lebanon with his mother after they separated. It was here that he would run away from home to sleep in the back of unlocked cars. His mother then decided to enrol him in a military school in Riyadh. He adopted a strict disciplinary code while he was there and continues to abide by them even today.
He received his Bachelor of Science degree from the Menlo University in California before obtaining his master’s degree in Social Science from the Syracuse University.
His story of riches began when he moved back to Saudi after his degree and was lucky to be caught up in the middle of the oil boom during 1974-1985, during which he got a large number of construction contracts which helped him amass a great fortune.
He then turned the fortunes of the United Saudi Commercial Bank around by forming mergers. Bin Talal rose to prominence however, when he bailed out Citicorp during the early 90’s with an investment of close to $550 million. Now, his shares are worth a billion dollars, a testament to his smart investing and excellent market analysis.
He is also known to be a very friendly man and has made a lot of donations to charitable causes around the world. Such is his work in philanthropy that he has donated close to $50 million for charity.
Today, he remains one of the most respected businessmen, not only in Saudi, but all over the world. His economic reforms have helped transform his under-performing company to one of the best in the world.
Net Worth of Al Waleed Bin Talal is $22.8 Billion