Saudi Investment Giant in Russia

IranGate
1 Min Read
Saudi Investment Giant in Russia

Al-Waleed bin Talal, the renowned Saudi prince and one of the wealthiest individuals in the world, has made headlines with a $500 billion investment in major Russian oil companies. In fact, the documents of this investment have just been released, and the important point is that he quietly purchased shares in the top three Russian oil industry companies, Gazprom, Lukoil, and Rosneft, exactly in the months when Putin’s invasion of Ukraine began.

Al-Waleed bin Talal was one of the princes who was taken hostage and detained in a hotel during the program of confiscating the wealth of Saudi elites by Bin Salman. After his release, he has not held back from praising and flattering the Saudi Crown Prince in numerous interviews.


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