Prince Alwaleed's Tips For Staying Rich And Fit

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This is the cover for the summer issue of a magazine called "PRESTIGE New York." It gets better.

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On the matter of make making money money, take taking money money
:

"I'm not down at all," says Prince Alwaleed, who turned 55 in March. "You should know that I take each loss seriously, each million, each 100 million, each billion. Of course it affects me. It impacts me. I take it personally. I just make sure it never happens again." As to his recent declines, he retorts that he has suffered, in percentage terms, similar setbacks before. His shares in Citi (as it's now known) were valued this February at $623 million. That's more than a 90 percent dive from the peak price.

Still, the prince is worth more than $17 billion. "On my scale, you don't make mistakes, you make blunders," he says, laughing. Then, dead-serious, he adds, "I've made my fortune before. I know I can do it again."

And on the matter of not being a fattie (which SOMEONE will probably forward to Vikram Pandit):

HRH graduated magna cum laude from Menlo College, in California, in 1979, with a degree in business adminitration. In 1985 he earned an M.A. with honors in Social Science from Syracuse University. During that time, he recalls, he put on a lot of weight. He's been extremely health-conscious ever since and is now a strict vegetarian who avoids fatty foods, exercises every day and devotes himself to keeping fit. He is a keen cyclist who makes habit of riding for at least one hour a day, although he concedes to keeping a phone handy for deal making. He also puts swimming, walking and skiing on his agenda whenever possible. An acknowledged workaholic and accomplished horseman, he sleeps only five hours a night.

Comments

1

Posted by guest , Jun 26, 2009 2:26PM

I like how Prestige is trying to appeal to everyone:

"Bob and Suzanne Wright": Nice White Folks!

"Grace Hightower": Some Black Folks!

"Jared Isaacman": And a Jew, too!

2

Posted by guest , Jun 26, 2009 2:28PM

And no one could Photoshop that zit next to his mouth?

3

Posted by guest , Jun 26, 2009 2:30PM

I fuckin love this guy.

4

Posted by guest , Jun 26, 2009 2:30PM

Prestige = Taking one of the ugliest people I have ever seen and plopping them on top of a horse?

huh

5

Posted by guest , Jun 26, 2009 2:31PM

"he says, laughing. Then, dead-serious,"

awesome

6

Posted by guest , Jun 26, 2009 2:32PM

Black shirt for black horse, white shirt for white horse. What to do about wardrobe for that Appaloosa....

7

Posted by guest , Jun 26, 2009 2:34PM

"You should know that I take each loss seriously, each million, each 100 million, each billion."

ARE YOU LISTENING VIKRAM PANDIT?

8

Posted by guest , Jun 26, 2009 2:36PM

he has ridiculously good hair.

9

Posted by guest , Jun 26, 2009 2:37PM

Yes, "he" made his fortune....keep telling yourself that buddy.

10

Posted by guest , Jun 26, 2009 2:37PM

spending any amount of time at all in Syracuse results in weight gain. Chicken wings are considered health food there. Genny screamers are like freaking smoothies....

11

Posted by guest , Jun 26, 2009 2:38PM

What a perfect specimen of what a man should look like.

P.A.

12

Posted by guest , Jun 26, 2009 2:42PM

Menlo College?

13

Posted by guest , Jun 26, 2009 2:42PM

Good God, he looks so majestic on that horse.

14

Posted by guest , Jun 26, 2009 2:42PM

He looks like the lovechild of Roger Federer and Bono

15

Posted by guest , Jun 26, 2009 2:43PM

I love the idea of him at a 'Cuse game.

16

Posted by guest , Jun 26, 2009 2:43PM

"On my scale, you don't make mistakes, you make blunders," he says, laughing (nice, deep tummy laugh). Then, dead-serious, he adds, "No, but for real --- I'll fucking douse that punjab fuck with oil and light him on fire if he fucks me again." He then kicked the shit out of his horse, and rode into the sunset, smoking a Kool 100.

17

Posted by guest , Jun 26, 2009 2:46PM

@16 bravo

18

Posted by guest , Jun 26, 2009 2:47PM

Prestige Worldwide....Investors? YOU!

19

Posted by guest , Jun 26, 2009 2:48PM

@16: FTW

20

Posted by guest , Jun 26, 2009 2:48PM

Wearing a horse is like wearing a uniform, it makes everyone look good. And look, he even changes his clothese to blend in with the horse!

21

Posted by guest , Jun 26, 2009 2:51PM

In the last picture its really hard to tell where the horse ends and he begins.

22

Posted by guest , Jun 26, 2009 2:51PM

20- not true at all. I have pics of myself on a horse and I look like a freaking midget at 5'9"

23

Posted by guest , Jun 26, 2009 2:53PM

forgive my ignorance but what is ftw?

Again forgive my ignorance but I thought only japs from nj went to Syracuse...

24

Posted by american bandersnatch , Jun 26, 2009 2:54PM

It has horoscopes and chinese zodiacs! I bet they forecast much classier things happening than in my regular newspaper.

Bess - could you research the prestigious things that the magazine anticipates for a Scorpio born in the year of the dragon?

25

Posted by guest , Jun 26, 2009 2:54PM

@23 ftw = for the win

@22 5'9" for a man IS a midget

26

Posted by guest , Jun 26, 2009 2:54PM

@16 ftw

27

Posted by guest , Jun 26, 2009 2:55PM

Wasn't he in that timeless 80's classic movie "The Jewel of the Nile" starring a dashing Michael Douglas?

Strabo

28

Posted by guest , Jun 26, 2009 2:55PM

@25: where I'm from, 5'9" is considered "Jewish 6 feet"

29

Posted by guest , Jun 26, 2009 2:56PM

@16 Brilliant. Esp. when read out load w/Arabic accent.

30

Posted by Investorcluzo , Jun 26, 2009 2:58PM

austin powers ftw...

http://www.youtube.com/watch?v=Mvxe04wGmTw

agreed, we didn't need the extra close up.

31

Posted by guest , Jun 26, 2009 3:01PM

Bess,
I am a spitting image of the Prince, who you obviously have a huge crush on.
Call me.

32

Posted by Anal_yst , Jun 26, 2009 3:13PM

So this could (minus the hundred million, billion comment) be the profile/interview of just about any guy on Wall Street, that's what I'm getting.

33

Posted by guest , Jun 26, 2009 3:16PM

Guarantee you that someone as prestigious as Prince Hidalgo, bleaches their anus.

Jim Cramerica

34

Posted by guest , Jun 26, 2009 3:18PM

What a magnificent beast! The horse is impressive, too.

35

Posted by guest , Jun 26, 2009 3:20PM

The reason he only sleeps 5 to 8 hours a night is because he's doing 3 girls at a time all night.

Elliot Spitzer

36

Posted by guest , Jun 26, 2009 3:24PM

This guy has Jefferies analyst written all over him.

37

Posted by guest , Jun 26, 2009 3:41PM

Where is THAT pic of HRH bending over?

38

Posted by guest , Jun 26, 2009 3:49PM

Nothing says "man's man" like a mullet and a turtleneck.

39

Posted by guest , Jun 26, 2009 3:50PM

The Arabic version of Dos Equis "The Most Interesting Man in the World".

http://www.youtube.com/watch?v=8Bc0WjTT0Ps

40

Posted by guest , Jun 26, 2009 4:03PM

@14 --- nice

41

Posted by guest , Jun 26, 2009 4:20PM

God, he's so inspiring, sorta like the Arab Steve McQueen.If he isn't the coolest lucky sperm donor alive this side of Dubai, than I don't know who else is!

42

Posted by NAS Keflavik boi , Jun 26, 2009 4:32PM

@ 21 -- that's because he's a fucking centaur, you numb nuts!!!

43

Posted by guest , Jun 26, 2009 4:40PM

I thought FTW was "fuck the what," but I still knew it was a good thing.

44

Posted by guest , Jun 26, 2009 4:46PM

talk about being born on third base and thinking you hit a triple...

45

Posted by guest , Jun 26, 2009 4:47PM

In the early days of the debacle didn't maria b interview this guy and wasn't he all about crying in his porridge?

46

Posted by guest , Jun 26, 2009 4:59PM

The only thing that could make this guy a bigger DB is if he was hanging around wih Michael Jackson... oh wait:

http://www.mjj.altervista.org/immagini/gallerie/MJ_VIP/images/MJ%20&%20Al%20Waleed_jpg.jpg

47

Posted by guest , Jun 26, 2009 4:59PM

16 wins.

48

Posted by guest , Jun 26, 2009 5:03PM

Isn't this guy just some Saudi oil brat who just happened to make a huge (bad) investment in a shitty financial conglomerate? Yawn.

49

Posted by guest , Jun 26, 2009 5:05PM

douche@48- these pics are not a "yawn."

@46 http://dealbreaker.com/2009/06/charlie-gasparino-recommends-p.php

50

Posted by guest , Jun 26, 2009 5:16PM

@48 WTF are you talking about? This was the post of the day.

51

Posted by guest , Jun 26, 2009 5:18PM

Larry Summers also only sleeps 5 hours a night...

52

Posted by guest , Jun 26, 2009 5:59PM

@51

At NIGHT, yes, but he gets another three hours of sleep from his combined daily cat naps.

53

Posted by guest , Jun 26, 2009 6:24PM

I'm curious.

How many wives he's got?

They are allowed 4.

54

Posted by guest , Jun 26, 2009 6:29PM

MENLO COLLEGE is that where his HORSE GOT TRAINED???

SYRACUSE is where his horse mastered the art of racing???

I don't understand it!

-MaxWatters-

55

Posted by guest , Jun 26, 2009 9:37PM

His hands have healing powers, but are also devastating weapons. He has mastered the five point palm exploding heart technique. His scent repels mosquitoes. Bulls refuse to fight him. He is...the most interesting man in the world.

56

Posted by guest , Jun 27, 2009 3:05AM

http://en.wikipedia.org/wiki/Prince_Alwaleed

"Doubts about the source of income
The Economist has expressed doubts about the source of income of Prince Al Waleed and whether he is a front man for other Saudi investors. According to it, he has not earned enough income from his investments to pay for all that he has spent in the 1990s. The mystery goes back to that first stake in Citicorp. The prince has declared that this money came entirely from his personal funds. He says he started out in 1979 with a loan of just $30,000 from his father. He also mortgaged a house that his father had given him, raising approximately $400,000. And each month, as a grandson of Ibn Saud, he receives $15,000. "You could barely clothe a Saudi prince for such sums, let alone furnish him with a multi-billion-dollar empire. Nevertheless, by 1991 Prince Alwaleed had felt able to risk an investment of $797m in Citicorp", writes the magazine.[3]"

57

Posted by guest , Jun 27, 2009 10:42AM

Prince Alwaleeds Tips For Staying Rich And Fit:

1) Be born a Saudi Prince.
2) Exercise

58

Posted by guest , Jun 27, 2009 11:30AM

Menlo College is where quite a few CEOs have gone and even one of the Bass brothers. It attracted in the 60s a lot of rich foreigners and idiot old money children from the North East. I had never heard of it until I realized my MD (years ago) had gone there. His rolodex was ridiculous from that school.

59

Posted by guest , Jun 27, 2009 5:18PM

You know, if they ever think of making a movie on this guy, the Indian actor, Anil Kapoor, would be a perfect casting choice.

60

Posted by guest , Jun 29, 2009 2:38PM

Is he sporting a mullet? Who knew that deep down he was a redneck.

61

Posted by guest , Jun 29, 2009 2:38PM

Is he sporting a mullet? Who knew that deep down he was a redneck.

62

Posted by guest , Jun 29, 2009 2:39PM

Is he sporting a mullet? Who knew that deep down he was a redneck.

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