"I have officially separated from Princess Ameera Al-Taweel, but she remains a person that I have all respect for. She represented the Saudi woman in the best way through her various participations locally, regionally and internationally," he told the paper.
"The most spectacular set on display was a diamond and emerald necklace with three emeralds the size of sparrow eggs dangling from the center, with earrings and a ring to match. With a combined total of 200 carats, the set is worth $40 million," Dolan wrote.
The prince takes pride in the fact that half of the employees of his Kingdom Holding Company are women. "Frankly I always side with qualifications regardless of gender," he told the Saudi Gazette. "I am trying to be fair to women because their rights are still not fully recognized in our country."
But he's been accused of doing it for publicity: For instance, Business Insider's Nicholas Carlson reports his female pilot Hanadi Zakariya Hindi has hardly flown any of Alwaleed's aircraft, and when she was hired, Alwaleed told his aviation staff that she never would.
Alwaleed was reportedly in the running to buy New York's iconic Plaza Hotel.
He bought the third biggest yacht in the world for $500 million.
Alwaleed's old yacht, the New Kingdom 5KR Yacht, was 282 feet long, and appeared in the Bond movie "Never Say Never Again." The boat has a disco, cinema, helipad, pool, guest rooms, and more.
But Alwaleed reportedly commissioned a new yacht double the size at 557 feet, making it the third biggest yacht in the world. It will cost a reported $500 million, but there's still no word on when it will be completed.
The plane was reportedly tricked out with three floors, a Turkish bath, a "concert hall" with seating for 10, a boardroom with holographic projectors, and a garage for his Rolls Royce. The aircraft cost an estimated $500 million.
Alwaleed recently sold the plane to a private buyer for an undisclosed price, with proceeds going toward his investments in Saudi Arabia and the greater Middle East, according to his spokesperson.
But he still owns his Boeing 747.
Alwaleed owns a $220 million Boeing 747 with a throne, two bedrooms, and a 14-seat dining table with 11 flight attendants from around the world.
He was once sued over the commission of the sale of yet another plane to former Libyan leader Muammar Qaddafi, and ordered to pay $120 million, according to Bloomberg.
His palace is filled with the taxidermied animals that are put on display for guests to admire.
He has hired little people to act like his "court jesters."
Business Insider's Nicholas Carlson reports: "Almost every source we spoke to, including Alwaleed's official spokesperson, confirmed that, like a medieval monarch, Alwaleed keeps in his entourage a group of dancing, laughing, joking dwarfs."
The sources continued that even though they were initially shocked, in Saudi culture it would be considered charity since the little people would most likely be out of work and considered "freaks" in the country.
But it's not all about the toys: Alwaleed also donates heavily to charities.