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Al-Waleed bin Talal posts

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Best & Worst: The results are in! It's Trump and Paris and gas prices, oh my!

The people have spoken! The results are in for the Best and Worst of 2006 and the big winners include Donald Trump (in two different categories), Paris Hilton (with more votes than any other nominee in any category), President Bush, YouTube (edging out Borat), and this past year's skyrocketing gasoline prices.

Donald Trump didn't need the recent brouhaha with Rosie O'Donnell in order to triumph as the Most Annoying Money Personality of the Year, garnering 44% of the votes in that category. He didn't stop there. His signature comb-over was a very clear favorite as Worst Signature Style, with a whopping 85% of the vote (nearly 69 thousand votes). Readers evidently did not love the 'doo.

ExxonMobil's Lee Raymond came out on top as the Most Overpaid CEO (some very lively debate about it in the comments) with 63% of that vote. Readers also voted "real estate bubble" as the Most Overused Buzzword of 2006 with 47% of the vote in that category, and Northwest Airlines's dumpster-diving tips for laid-off employees the Dumbest Moment in Business with 45% of votes.

Continue reading Best & Worst: The results are in! It's Trump and Paris and gas prices, oh my!

Best & Worst: Prince Al-Waleed bin Talal, Buffett of Mideast -- but not as lovable

This post is written as part of AOL Money & Finance's Best & Worst 2006. You can vote for Prince Al-Waleed bin Talal to lose all his money, or see the other nominees in this category.

Called by Time magazine the "Warren Buffett of Saudi Arabia," Prince Al-Waleed bin Talal is a member of the Saudi royal family, as well as a Lebanese citizen through his mother. Though he is the nephew of Saudi King Abdullah, he is not in line to rule Saudi Arabia and has largely stayed out of politics. He is an entrepreneur and international investor with a net worth estimated in 2006 at $20 billion, and he is ranked as the eighth richest person in the world by Forbes.

He has made large investments, through his Kingdom Holding Company, in Citicorp (NYSE:C), AOL (NYSE:TWX), Apple (NASDAQ: AAPL), Motorola (NYSE:MOT), Rupert Murdoch's Fox News Corp. (NYSE: NWS), and other technology and media companies. His real estate holdings have included stakes in the Four Seasons hotel chain, the Plaza Hotel in New York, the Monte Carlo Grand Hotel in Monaco, and Euro Disney. In 2005 he purchased the Savoy Hotel in London for £250 million.

In 2001 Prince Al-Waleed's donation of $10 million dollars to New York City in the wake of the September 11 World Trade Center attack was rebuffed by Mayor Giuliani. In 2005 he donated $20 million to the Louvre for the construction of a wing to house the museum's vast collection of Islamic art, and another $20 million to Harvard and Georgetown Universities for Islamic studies programs. He has also donated to centers for American studies at universities in the Middle East, such as the American University in Cairo. He is believed to donate more than $100 million annually to charities throughout Asia, Africa, and the Middle East.


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Last updated: November 26, 2009: 05:58 AM

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