by Nate Chapnick
Rank on Forbes.com 2005 World’s Billionaires List: 5
Net Worth: $23.7 billion
Vehicles Owned: Infiniti FX45; Hummer H1; Volvo XC90; Rolls-Royce Phantom (pictured above); Daewoo Matiz
Source: French news magazine program, “Zone Interdite” on broadcasting network M6
As the nephew of Saudi King Abdullah, Prince Alwaleed Bin Talal Alsaud is no stranger to the finer things in life. His free-spending attitude is easily seen in his garage, where he always buys a duplicate of every one of his vehicles. Two Infiniti FX45s, two Hummer H1s and two Volvo XC90s all take up residency inside the Prince’s lavish garage. The reason for such excess? The Prince buys one vehicle for himself and an exact duplicate for his body guards. A glimpse inside the Prince’s garage also reveals a vehicular absurdity: parked next to two Daewoo Matiz’ are two Rolls-Royce Phantoms. The reason for such an odd placement? The Prince holds a significant stake in Daewoo, the Korean car company now controlled by GM.
Read More: Top 10 Vehicles Owned by Billionaires