Rashid Al Saud

Rashid Al Saud
Prince of Saudi Arabia
Born June 1974
Full name
Rashid Bin Mashhur bin Abdulaziz Al Saud
House House of Saud
Father Mashhur bin Abdulaziz Al Saud
Mother Haya bint Faraj Shabeeb
Religion Islam

Rashid Al Saud (born 1974) is a prince and a member of the House of Saud.

Business activities

It emerged in a New York Supreme Court affidavit that Rashid Al Saud is one of the secret owners of a $1 billion property portfolio in the US [1] which owns the American headquarters of the oil giant BP and the defence contractor BAE Systems (the UK's Daily Telegraph newspaper claimed in January 2011 that the portfolio is in fact £4 billion in value). Rashid Al Saud also has vast financial holdings in Los Angeles and Miami.

References

  1. Stephen Foley (6 June 2012). "Revealed: Saudi royals' secret $1bn US empire". The Independent. Retrieved 29 July 2012.


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