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The Trillionaire Life of Saudi's Royal Family
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00:00At this point, if you did not know that the Saudi royal family is the richest in the world,
00:04you must be living under a rock. No offense. From sponsoring expensive football teams to
00:08owning luxury properties of extraordinary proportion, the wealth of the Saudi royal
00:12family breaks the imagination of the common man. Still don't believe me yet? Well, in this video,
00:17I present to you the Saudi royal family, the richest family in the world, the history.
00:22The history of the Saudi royal family begins with the sheikdom of Diriyah,
00:25a significant chapter in the family's journey to power. It was during this time that the
00:29foundation of the House of Saud was laid, setting the stage for their future dominance in the
00:34Arabian Peninsula. In the late 18th century, Muhammad bin Saud, the patriarch of the family,
00:39established the sheikdom of Diriyah. This marked the first step towards the unification of the
00:43fragmented Arabian tribes under the banner of the House of Saud. Muhammad bin Saud, a charismatic and
00:49ambitious leader, sought to expand his influence and establish a unified Arab state. Under the
00:54leadership of Muhammad bin Saud, the sheikdom of Diriyah flourished. The family formed alliances
00:59with the powerful and influential Wahhabi religious movement, led by Muhammad bin Abdul Wahab. This
01:04alliance between the House of Saud and the Wahhabi movement would prove to be a defining factor in
01:09the family's rise to power. The emirate of Diriyah emerged as the next phase in the House of Saud's
01:14journey. With the support of the Wahhabi religious movement, Muhammad bin Saud's son,
01:18Abdulaziz I, continued his father's mission of expansion and consolidation. Abdulaziz I was a
01:24formidable leader known for his military prowess and strategic alliances. During his reign from 1765
01:30to 1803, Abdulaziz I successfully conquered vast territories, including the holy cities of Mecca and
01:36Medina. This marked a significant turning point for the House of Saud, as their rule extended beyond the
01:41boundaries of Diriyah. The capture of Mecca and Medina solidified the family's religious legitimacy
01:46and further enhanced their status among the Arab tribes. However, the House of Saud's growing power and
01:52influence posed a threat to the Ottoman Empire, which sought to maintain control over the region.
01:57The Ottomans, alarmed by the rise of the Saudis and their alliance with the Wahhabi movement,
02:01launched a campaign to crush the House of Saud and the Wahhabi religious movement. In 1818,
02:06the Ottoman Empire, with the assistance of the Viceroy of Egypt, successfully defeated the Saudis and
02:11brought an end to the emirate of Diriyah. The House of Saud was forced into exile, and the region fell
02:16under Ottoman control once again. Despite this setback, the House of Saud's determination and
02:21resilience would not be extinguished. The family went into hiding, biding their time and waiting
02:25for an opportunity to reclaim their power. Little did they know that their exile would be temporary,
02:30and a new chapter in their history was about to unfold. After the fall of the emirate of Diriyah,
02:35the House of Saud faced a period of exile and uncertainty. However, their determination to reclaim
02:40their power and establish a unified Arab state remained unwavering. This led to the emergence of the
02:45Emirate of Nejd, a crucial phase in the history of the Saudi royal family. Under the leadership of
02:50Turki bin Abdullah, the grandson of Muhammad bin Saud, the House of Saud regrouped and began their quest
02:55to regain control. Turki bin Abdullah, a charismatic and strategic leader, sought to unite the Arabian
03:01tribes once again under the banner of the House of Saud. During his reign from 1823 to 1834,
03:07Turki bin Abdullah successfully expanded the influence of the House of Saud, with Riyadh as the capital of
03:12the newly formed Emirate of Nejd. He established alliances with various tribes, forging strategic
03:18partnerships that would prove instrumental in the family's future endeavors. However, the death of
03:22Turki bin Abdullah in 1834 led to a period of succession disputes and internal conflicts within
03:28the House of Saud. This resulted in a civil war that lasted for several years, weakening the family's
03:34position and threatening their aspirations for a unified Arab state. It wasn't until the rise of
03:39Faisal bin Turki, the son of Turki bin Abdullah, that the House of Saud regained its strength and
03:44stability. Faisal bin Turki, a skilled diplomat and military strategist, managed to reunite the
03:49family and consolidate their power. Under Faisal bin Turki's leadership, the Emirate of
03:53Nejd experienced a period of prosperity and expansion. Faisal bin Turki's reign from 1843 to 1865
04:00saw the family's influence extend beyond the borders of Nejd as they conquered territories and
04:04established alliances with neighboring tribes. However, succession disputes once again plagued the House of
04:10Saud after the death of Faisal bin Turki. This led to a power vacuum and a period of instability within the
04:16family. It wasn't until the ascension of Abdul Rahman bin Faisal, the son of Faisal bin Turki, that the House of
04:21Saud regained its unity and focus. Abdul Rahman bin Faisal, a visionary leader, recognized the need for a
04:27unified Arab state and worked tirelessly to achieve this goal. He sought to expand the influence of the House of
04:32Saud and establish a centralized government that would bring stability and prosperity to the region. In 1902, Abdul Rahman bin Faisal's
04:39son, Abdulaziz ibn Saud recaptured Riyadh from rival factions, marking a significant turning point in
04:45the family's history. With the capture of Riyadh, Abdulaziz ibn Saud laid the foundation for the
04:49establishment of the Kingdom of Saudi Arabia. Abdulaziz ibn Saud, a charismatic and determined leader,
04:55embarked on a series of military campaigns to unify the Arabian Peninsula under his rule. Through strategic
05:01alliances, military prowess and diplomatic negotiations, he successfully conquered various
05:06regions including the eastern province, Asir and the Hejaz. In 1932, Abdulaziz ibn Saud officially
05:13declared the establishment of the Kingdom of Saudi Arabia, solidifying the House of Saud's position as
05:18the ruling dynasty. He became the first king of Saudi Arabia and embarked on a mission to modernize the
05:23country and promote economic development. Under the leadership of subsequent kings, including Saud II,
05:29Faisal, Khalid, Fahd, Abdullah and the current ruler, King Salman, the Kingdom of Saudi Arabia has
05:34experienced significant growth and transformation. The House of Saud has played a pivotal role in
05:39shaping the country's social, political and economic landscape. The establishment of the
05:43Kingdom of Saudi Arabia marked a new era for the House of Saud, as they transitioned from regional
05:48leaders to global players. The family's vast wealth, derived from their holdings in Saudi Aramco and
05:54extensive fossil fuel reserves, has further solidified their influence on the world stage.
05:59Who is the leader of the royal family? The leader of the Saudi royal family is King Salman bin Abdulaziz,
06:04however. He appointed the Crown Prince Mohammed bin Salman, who basically rules the country due
06:09to his father's old age. His story begins when he was born into the prestigious Saudi royal family on
06:14August 31, 1985. Early on, he showed an interest in government and a remarkable ability to communicate
06:20with dignitaries. As he grew older, Mohammed's passion for politics only intensified. He enrolled at King
06:25Saud University, where he pursued a bachelor's degree in law, graduating in 2007. Armed with his
06:31newfound knowledge, Mohammed wasted no time in making his mark on the world. He founded several
06:35firms and even established a non-profit organization focused on promoting entrepreneurship in Saudi Arabia.
06:41But it was in 2009 that Mohammed's journey took a significant turn. He became a formal advisor to his
06:47father, King Salman bin Abdulaziz, who was then the governor of Riyadh. Little did anyone know that
06:52this role would be just the beginning of Mohammed's meteoric rise to power. In 2015,
06:57tragedy struck the royal family when King Abdullah passed away and Salman ascended to the throne.
07:02With his newfound power, King Salman appointed Mohammed as the defense minister, entrusting him
07:07with the responsibility of protecting the kingdom. It was during his tenure as defense minister that
07:11Mohammed launched Operation Decisive Storm, an aggressive military intervention in Yemen's civil war.
07:17The goal was to support the Yemeni government against the Houthi insurgency. However,
07:21despite the initial intentions, the campaign did not achieve its intended goals and instead
07:25resulted in a devastating humanitarian crisis. But Mohammed's ambitions didn't stop there. He
07:31was also given control of the state oil company Aramco and the Council of Economic and Developmental
07:36Affairs. With these positions, he aimed to open up Aramco for an initial public offering and implemented
07:41the Vision 2030 plan to attract foreign investment. In recognition of his exceptional leadership and
07:46determination, Mohammed was appointed crown prince in 2017. This marked a turning point in his journey,
07:52as he wasted no time in pursuing his goals with unwavering determination. From spearheading
07:57a blockade against Qatar to implementing social reforms in Saudi Arabia, Mohammed's actions were both
08:02bold and controversial. He lifted the ban on cinemas, allowing entertainment to flourish,
08:07and granted women the right to attend sporting events and obtain driver's licenses. However,
08:11these reforms were met with skepticism, with many questioning whether they were motivated by a
08:16genuine desire for freedom or simply economic gain. Mohammed's image abroad took a significant hit
08:21in 2018 when he allegedly ordered the extrajudicial killing of journalist Jamal Khashoggi. The international
08:27community condemned the act, but the Saudi royal family deflected responsibility for the incident.
08:32Despite the controversy, Mohammed continued to consolidate his power. In 2020,
08:37he detained fellow members of the royal family under investigation for treason, sending shockwaves
08:41through the kingdom. Despite the economic challenges posed by the COVID-19 pandemic,
08:46Mohammed's stature as a global economic player grew in 2022. His appointment as prime minister
08:51signaled his commitment to fostering more stable international relations. One of the most significant
08:56developments during this time was the historic deal between Saudi Arabia and Iran in March 2023.
09:02The restoration of ties between the two nations signaled a potential end to the civil war in Yemen,
09:07bringing hope for peace in the region. This breakthrough also strengthened Saudi ties with
09:12China as both nations sought to enhance their economic cooperation and explore new avenues of
09:17collaboration. But Mohammed's international ambitions didn't stop there. He made headlines with
09:21his offer to normalize ties with Israel, a move that surprised many. However, this offer came with
09:26conditions as he sought U.S. commitments to Saudi security and nuclear technology development,
09:31while these international developments were significant, Mohammed's economic vision for
09:35Saudi Arabia was equally transformative. He aimed to diversify the kingdom's economy and reduce its
09:40dependence on oil through his ambitious Vision 2030 plan. Under this plan, Mohammed sought to attract
09:46foreign investment, promote entrepreneurship, and create a thriving private sector. He recognized the
09:51need to adapt to a changing global landscape and position Saudi Arabia as a hub for innovation and
09:56economic growth. One of the key elements of Vision 2030 was the opening up of the state
10:01oil company Aramco for an initial public offering. This move aimed to generate revenue and increase
10:06transparency in the kingdom's oil industry. Mohammed's leadership has been marked by both
10:10ambitious reforms and controversial actions. As the Crown Prince and Prime Minister of Saudi Arabia,
10:15he continues to shape the future of the kingdom and its role on the global stage, work assets and net worth.
10:21The House of Saud, the ruling dynasty of Saudi Arabia, holds significant political power not only within the
10:26country but also in the Middle East. With a lineage that can be traced back to Mohammed bin Saud, the
10:31founder of the first Saudi state, this family has faced opposition and controversy throughout its
10:35history. But what sets the House of Saud apart from other ruling families? It's their immense wealth.
10:41Estimates place their net worth in the billions or even trillions, making them the wealthiest family
10:45in the world. This staggering fortune is built on the country's vast oil reserves, which have fueled the Saudi
10:51economy for decades. The Saudi royal family's control over the country's oil resources has been a major
10:56factor in their accumulation of wealth. Saudi Arabia possesses the world's largest proven oil
11:01reserves, estimated at around 266 billion barrels. This immense wealth has allowed the royal family to
11:07amass a fortune that is beyond comprehension. One of the crown jewels of the Saudi royal family's assets
11:12is Saudi Aramco, the state-owned oil company. With an estimated value of trillions of dollars,
11:17Saudi Aramco is the world's most valuable company. Its vast oil reserves and global reach have been a
11:23significant source of wealth for the royal family. The Saudi royal family's opulent lifestyle is evident in
11:28their palaces, private jets and luxury yachts. Their extravagant spending knows no bounds. With reports of
11:33multi-million dollar purchases of artwork, jewelry and even exotic animals, their wealth is truly beyond
11:39comprehension. While the Saudi royal family enjoys unimaginable wealth, they are also known for their
11:44philanthropic endeavors. Through organizations like the King Salman Humanitarian Aid and Relief Center,
11:50they have assisted those in need both within Saudi Arabia and around the world. However,
11:54critics argue that these efforts are a mere fraction of their vast wealth and could be further expanded
11:59to address pressing global issues. The Saudi royal family's wealth extends beyond their borders, with
12:05significant investments in various industries and countries around the world. Their influence can be
12:09seen in sectors such as finance, real estate and entertainment. From owning prestigious properties
12:14in London and Paris to funding blockbuster Hollywood movies, their reach is truly global.
12:19The Saudi royal family's opulent lifestyle is epitomized by their impressive collection of luxurious
12:24properties around the world. From sprawling palaces in Riyadh to extravagant mansions in Europe and the
12:29United States, their real estate portfolio is nothing short of extraordinary. These properties serve as
12:34symbols of their immense wealth and power. When it comes to transportation,
12:37the Saudi royal family spares no expense. They own a fleet of private jets, including the Airbus A380,
12:44the world's largest passenger aircraft. These jets are equipped with lavish interiors,
12:49featuring gold accents and luxurious amenities. Additionally, they possess a collection of
12:53extravagant yachts, allowing them to indulge in the most exclusive maritime experiences. The Saudi
12:58royal family's business empire extends far beyond the oil industry. They have diversified their
13:03investments into various sectors, including finance, telecommunications and entertainment. Through
13:08their holding company, Kingdom Holding Company, they have acquired stakes in global corporations such as
13:13Citigroup, Twitter and Euro Disney. These investments have further contributed to their immense wealth.
13:18The Saudi royal family's passion for art is evident in their extensive collection of
13:22masterpieces. They have been known to acquire rare and valuable artworks, often at exorbitant prices. Their
13:27influence in the art world is also demonstrated through initiatives like the King Abdulaziz Center
13:32for World Culture, which promotes cultural exchange and showcases artistic achievements.
13:37Getting into the specifics of how they spend their money, let's start with Prince Al-Walid Bin Talal,
13:42a prominent member of the royal family and a renowned billionaire. Known for his love of cars,
13:46Prince Al-Walid has an impressive fleet that includes some of the most exclusive and expensive
13:51automobiles in the world. From the sleek and powerful Bugatti Veyron to the iconic Rolls-Royce Phantom,
13:56his collection is a testament to his wealth and status. But Prince Al-Walid is not the only one
14:01with a penchant for luxury cars. Crown Prince Mohammed Bin Salman, the de facto ruler of Saudi
14:06Arabia, also has a remarkable collection. His garage boasts a stunning Lamborghini Aventador,
14:11a Ferrari LaFerrari and a rare McLaren P1. These high-performance machines are not just
14:16status symbols, but also a reflection of the royal family's extravagant lifestyle. It's not just about
14:21the cars themselves, but also the customization that goes into them. The Saudi royal family spares no
14:26expense when it comes to personalizing their vehicles. From custom paint jobs to luxurious
14:31interiors, every detail is meticulously chosen to reflect their individual tastes and preferences,
14:36but their love for cars doesn't stop at personal collections. The Saudi royal family is also known
14:41for their generous gifts of luxury cars to foreign dignitaries and allies. These gestures not only
14:46strengthen diplomatic ties, but also serve as a display of their immense wealth and influence. In
14:51addition to cars, another area where the Saudi royal family splurges is on extravagant yachts.
14:56These floating palaces are a symbol of their opulence and provide the perfect setting for lavish
15:00parties and leisurely cruises. One notable example is the Yacht Kingdom 5KR, owned by Prince Al-Walid
15:06bin Talal. This magnificent vessel, once owned by the late Saudi King Fard, is a sight to behold.
15:12With its luxurious amenities, including a helipad, swimming pool and multiple suites,
15:16it epitomizes the grandeur that the Saudi royal family is accustomed to. But it's not just about
15:21owning yachts. The Saudi royal family also enjoys chartering some of the world's most exclusive and
15:26luxurious vessels. From the crystal clear waters of the Mediterranean to the pristine beaches of
15:31the Caribbean, they spare no expense in experiencing the ultimate in luxury travel. As we continue our
15:37exploration of the Saudi royal family's extravagant spending, we cannot overlook their involvement in
15:42the world of football. The royal family's passion for the sport extends beyond being mere spectators.
15:47They have made significant investments in some of the most renowned football clubs around the globe.
15:51One such example is Prince Abdullah bin Musaad, who acquired a 50% stake in the English football club
15:57Sheffield United. His investment not only injected much needed funds into the club, but also brought
16:02international attention to the team. This move showcases the Saudi royal family's desire to be a part of
16:08the global football community and their willingness to invest in their passion. But it doesn't stop
16:12there. The Saudi royal family's influence in football extends to other clubs as well. They have
16:17been involved in various sponsorship deals and partnerships with top-tier teams, further solidifying
16:22their presence in the world of sports. Another notable example of how they spend their wealth is
16:27through Prince Al-Walid bin Talal's lavish palace in Riyadh, Saudi Arabia. This opulent residence spans over
16:33200,000 square feet and features exquisite architecture, lush gardens and a private zoo.
16:38With its grandeur and attention to detail, it serves as a testament to the royal family's taste for the
16:43finer things in life. But their real estate ventures extend far beyond the borders of Saudi Arabia. The
16:49Saudi royal family owns numerous properties in some of the most exclusive locations around the world,
16:54from luxurious penthouses in New York City to sprawling estates in London's prestigious
16:59neighborhoods. Their real estate portfolio is nothing short of extraordinary. One of the most
17:03iconic properties owned by the Saudi royal family is the Chateau Louis XIV, located just outside of
17:08Paris, France. This magnificent palace, inspired by the opulence of the 17th century, boasts lavish
17:14interiors, meticulously manicured gardens and even a moat. With its price tag of over 300 million dollars,
17:20it stands as a testament to the royal family's extravagant lifestyle. But it's not just about owning grand
17:25residences. The Saudi royal family also invests in high-end hotels and resorts. One notable example
17:31is the Four Seasons Hotel George V in Paris, which is partially owned by Prince Al-Walid bin Talal. This
17:37luxurious hotel, known for its impeccable service and stunning architecture, attracts elite travelers
17:42from around the world. In addition to real estate, the Saudi royal family also indulges in fine art and
17:47collectibles. Their vast collection includes priceless paintings, rare artifacts and even rare gemstones.
17:52These treasures are not only a reflection of their immense wealth, but also serve as investments
17:57that appreciate in value over time. One notable piece in their collection is the Salvatore Mundi,
18:02a painting attributed to Leonardo da Vinci. This masterpiece, purchased by Prince Badr bin Abdullah,
18:07fetched a staggering 450 million dollars at auction, making it one of the most expensive artworks
18:12ever sold. This acquisition not only showcases the royal family's appreciation for art, but also their
18:18ability to acquire the rarest and most sought-after pieces. How powerful are the royal family?
18:23In 1932, Ibn Saud declared the establishment of the Kingdom of Saudi Arabia, solidifying the House of
18:29Saud's position as the ruling dynasty. This marked a turning point in the history of the Arabian
18:34peninsula and set the stage for the House of Saud's unparalleled power. The green flag of Saudi Arabia,
18:39with its iconic Shi Hada and sword, became a symbol of the House of Saud's authority and the unity of the
18:45Saudi people. The House of Saud's journey to power was not without its challenges. They faced opposition
18:50from various groups, including the Ottoman Empire, the Sharif of Mecca, the Al Rashid family and Islamist
18:56movements. Yet through strategic alliances, military strength and a deep connection to the Wahhabi
19:00religious establishment, the House of Saud prevailed. The Saudi royal family is truly powerful. The
19:05political system in Saudi Arabia is based on traditional Islamic lines with decisions made through
19:11consultation among the King, the Council of Ministers, Islamic scholars, tribal leaders and other
19:15traditional elites. The King, who holds the most influential position within the royal family, is
19:20both the head of state and government, wielding absolute power. Today, the House of Saud is led by
19:25King Salman bin Abdulaziz Al Saud, who succeeded his half-brother Abdullah in 2015. Under his reign,
19:31the House of Saud continues to hold significant political power, shaping the destiny of Saudi Arabia and
19:37exerting influence on the global stage. The government itself is dominated by the royal family,
19:42with most of the important posts in the political system reserved for them. The key ministries, such as
19:47defence, finance and foreign affairs, are held by members of the royal family, ensuring their continued
19:52influence and control. The Ulama, the body of Islamic religious leaders and jurists, also play a
19:57significant role in the political system. They have a strong influence over the judicial and education
20:02systems, shaping the legal framework and societal norms in accordance with Islamic principles.
20:07However, the House of Saud's rule has not been without controversy. Corruption allegations have
20:12plagued the political landscape, with accusations of nepotism, patronage systems and blurred lines
20:17between state assets and the personal wealth of senior princes. These allegations have raised concerns
20:22about transparency and accountability within the Saudi political system. Turning our attention to the
20:27economic realm, the House of Saud's control over Saudi Arabia's vast oil reserves, has granted
20:32them immense economic power. Saudi Arabia is one of the world's leading oil producers,
20:37and the royal family's wealth is built on the revenues generated from this valuable resource.
20:41The country's economy is heavily reliant on oil, with the revenues flowing into the central
20:45government in Riyadh. However, there is little public accounting of the total revenues to the al-Saud
20:50coffers or their spending on behalf of the people and the royal family. This lack of transparency
20:55has fuelled debates about the distribution of wealth and the extent of the royal family's personal
21:00fortunes. In recent years, Saudi Arabia has embarked on ambitious economic reforms, aiming to diversify
21:06its economy and reduce its dependence on oil. These reforms, led by Crown Prince Mohammed bin Salman,
21:11have sought to modernize the country and attract foreign investment. However, critics argue that the
21:16pace of these reforms has been slow or merely cosmetic. The House of Saud's political and economic power
21:21has allowed them to shape policies, forge alliances, and exert influence not only within Saudi Arabia,
21:27but also on the global stage. Their immense wealth and connections have given them a seat at the
21:31table of international affairs, enabling them to play a significant role in regional and international
21:37politics, social works and philanthropy. To the Saudi royal family, life is not just about acquiring
21:42valuable assets. The Saudi royal family also engages in philanthropy. Their charitable endeavours span a
21:48wide range of causes, from education and healthcare to disaster relief and cultural preservation.
21:53Through their generous donations, they aim to make a positive impact on society and improve the lives
21:58of those in need. One notable example is Princess Lamia bint Majid Al Saud, who serves as the Secretary
22:03General of Al-Walid Philanthropies. This organisation, founded by Prince Al-Walid bin Talal, focuses on
22:09empowering women, supporting youth development and providing humanitarian aid. Their initiatives have
22:14touched the lives of millions around the world, showcasing the royal family's commitment to giving back. In the
22:19early years, the Saudi royal family laid the foundation for their remarkable philanthropic
22:24journey. Their commitment to social works began with the establishment of numerous charitable
22:28organisations and initiatives that aim to uplift the lives of their fellow citizens. One of the key
22:33initiatives during this time was the creation of the King Abdulaziz Foundation for Research and Archives.
22:39Founded in 1972, this organisation focused on preserving and promoting the rich cultural heritage of Saudi
22:45Arabia. It funded research projects, published scholarly works and organised exhibitions to showcase the
22:51country's history and traditions. Another significant contribution came in the form of the King Faisal
22:56Foundation, established in 1976. Named after King Faisal bin Abdulaziz Al Saud, this foundation aimed to
23:03promote education, healthcare and social welfare. It provided scholarships to Saudi students, supported medical
23:08research and funded the construction of hospitals and clinics across the country. During the 1980s,
23:13the Saudi royal family extended their philanthropic efforts to the international stage. They
23:18established the International Islamic Relief Organisation in 1978, which became one of the
23:24largest humanitarian organisations in the world. The IRO focused on providing aid and support to Muslim
23:30communities in need, regardless of their geographical location. From disaster relief to poverty alleviation,
23:35the IRO played a crucial role in improving the lives of millions. In addition to these institutional
23:41initiatives, individual members of the Saudi royal family also made significant contributions. Prince
23:46Al-Walid bin Talal, known for his immense wealth, has been actively involved in philanthropy for decades.
23:52His Al-Walid Philanthropies Foundation has supported numerous causes, including education,
23:57healthcare and women's empowerment, both within Saudi Arabia and globally. Princess Adela bint Abdullah,
24:03the daughter of King Abdullah bin Abdulaziz Al Saud, has also been a driving force in philanthropy. She
24:09established the Adela Foundation, which focuses on improving the lives of women and children in
24:13Saudi Arabia. The foundation has implemented various programmes, including vocational training,
24:18healthcare initiatives and support for victims of domestic violence. The Saudi royal family's
24:23commitment to social works and philanthropy continued to grow in the 1990s and early 2000s.
24:28They recognised the importance of investing in education and established numerous universities and
24:33educational institutions across the country. King Fahd University of Petroleum and Minerals,
24:38King Saud University and Princess Nora bint Abdulrahman University are just a few examples of their
24:44dedication to providing quality education to Saudi citizens. Furthermore, the Saudi royal family has
24:49been actively involved in humanitarian efforts during times of crisis. They have provided substantial
24:54financial aid to countries affected by natural disasters, such as earthquakes and floods. Their
24:59contributions have helped rebuild communities, provide essential supplies and support the affected
25:04populations in their recovery. It is important to note that the Saudi royal family's philanthropic
25:08efforts are not limited to financial contributions. They actively engage in hands-on initiatives,
25:14visiting hospitals, schools and charitable organisations to understand the needs of the people and provide
25:19direct support. Their personal involvement and dedication to making a difference have inspired countless
25:24individuals and organisations to join the cause. In recent years, the Saudi royal family has continued
25:30to demonstrate their unwavering commitment to philanthropy through a range of impactful initiatives.
25:35These projects have addressed pressing social issues, promoted cultural development and provided aid to
25:40those in need, both within Saudi Arabia and around the world. One notable recent initiative is the MISC Foundation,
25:46established by Crown Prince Mohammed bin Salman in 2011. The foundation aims to empower Saudi youth by
25:52providing them with opportunities for education, entrepreneurship and leadership development.
25:57Through various programmes and partnerships, the MISC Foundation has supported thousands of young
26:02Saudis in realising their full potential and contributing to the nation's progress. Another
26:07significant project is the King Salman Humanitarian Aid and Relief Centre, KS Relief, established in 2015.
26:14This organisation plays a vital role in providing humanitarian assistance to countries affected by conflicts,
26:20natural disasters and other crises. KS Relief has been at the forefront of relief efforts, delivering
26:25essential aid, medical supplies and emergency support to millions of people in need worldwide.
26:30The Saudi royal family has also made substantial contributions to the field of healthcare.
26:34The King Salman Centre for Disability Research, founded in 2016, focuses on improving the lives of
26:40individuals with disabilities through research, innovation and advocacy. The centre has pioneered
26:45groundbreaking initiatives and technologies that have enhanced accessibility and inclusivity for people
26:50with disabilities. In addition to these institutional initiatives, individual members of the Saudi royal
26:55family have spearheaded projects that address specific social issues. Princess Reema Bint Bandar Al Saud,
27:01the Saudi ambassador to the United States, has been a prominent advocate for women's rights and
27:06empowerment. Her efforts have included initiatives to increase women's participation in the workforce,
27:11promote gender equality and combat domestic violence. Prince Sultan bin Salman bin Abdulaziz Al Saud,
27:16the first Saudi astronaut and President of the Saudi Commission for Tourism and National Heritage,
27:21has played a pivotal role in preserving and promoting Saudi Arabia's cultural heritage.
27:26Under his leadership, the Commission has undertaken extensive restoration projects, developed tourism
27:31infrastructure and organised cultural events to showcase the country's rich history and traditions. The Saudi
27:37royal family has also been actively involved in supporting global education initiatives. The Al-Waleed
27:43Philanthropies Foundation, led by Prince Al-Waleed bin Talal, has made significant contributions to
27:48educational institutions and programmes worldwide. Their support has enabled underprivileged students to
27:53access quality education, funded research projects and facilitated knowledge exchange between Saudi Arabia and
27:59the international community. Furthermore, the Saudi royal family has been at the forefront of efforts to
28:04combat the COVID-19 pandemic. They have provided substantial financial aid, medical supplies and
28:10resources to countries affected by the virus. Their contributions have supported healthcare systems,
28:15facilitated vaccine distribution and helped mitigate the impact of the pandemic on vulnerable populations.
28:20That brings us to the end of this video. We hope that you like it. If you would like to watch
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