Abdul Aziz bin Fahd
Encyclopedia
Abdul Aziz bin Fahd bin Abdul-Aziz Al Saud is the reported favorite son of the late King Fahd of Saudi Arabia
, but is known mostly for his extravagance and playboy image. He currently serves on the Council of Ministers as a Minister of State
, without portfolio
.http://www.saudiembassy.net/Country/Government/Ministers.asp. In June 26, 2011 he was relieved from his position as head of the court for Cabinet affairs by a royal decree
He has a number of palaces in Saudi Arabia which have cost over $2 Billion and certain parts of Europe which include:
He also has several super yachts including Prince AbdulAziz, which is one of the largest built in the 20th century.
His wealth is estimated at $18.5 billion.
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...
, but is known mostly for his extravagance and playboy image. He currently serves on the Council of Ministers as a Minister of State
Minister of State
Minister of State is a title borne by politicians or officials in certain countries governed under a parliamentary system. In some countries a "minister of state" is a junior minister, who is assigned to assist a specific cabinet minister...
, without portfolio
Minister without Portfolio
A minister without portfolio is either a government minister with no specific responsibilities or a minister that does not head a particular ministry...
.http://www.saudiembassy.net/Country/Government/Ministers.asp. In June 26, 2011 he was relieved from his position as head of the court for Cabinet affairs by a royal decree
Fortune
Abdul Aziz receives exactly half of all profits of the successful Middle East Broadcasting Corporation (MBC)He has a number of palaces in Saudi Arabia which have cost over $2 Billion and certain parts of Europe which include:
- A very large private stately residential complex with the replica of AlhambraAlhambraThe Alhambra , the complete form of which was Calat Alhambra , is a palace and fortress complex located in the Granada, Andalusia, Spain...
and several other famous forts set within well maintained splendid gardens in Hay al Huda, Riyadh. 24.645808°N 46.643202°E - Massive farm near Janadriya at the northern outskirts of Riyadh. Satellite photos reveal large swimming pools, luxury tents and its own water and sewage treatment facility set within a large date farm.25.138224°N 46.79251°E
- In Jeddah he has several palaces with private yacht berths and each palace has more than twenty guest houses.
He also has several super yachts including Prince AbdulAziz, which is one of the largest built in the 20th century.
His wealth is estimated at $18.5 billion.
External links
- www.princeabdulazizbinfahad - A website dedicated to Abdul Aziz bin Fahd