Prince Faisal bin Farhan is a key and trusted member of the Saudi Royal Family, and is closely allied to Crown Prince Mohammed bin Salman. Prince Faisal is the son of Prince Farhan bin Abdullah Al Saud. He was born in Frankfurt, Germany, on 1st November 1974. The Prince received his formative education in the United States.
Business career
The Saudi Prince began his illustrious career as Deputy Chairman of the Board of Directors of Saudi Operation and Maintenance Company, where he proved his competency in matters of business operations. He then moved on to represent Boeing in 2001, for a twelve year stint on the Board of Directors at Al Salam Space Industries, as Vice Chairman, then Chairman. During this time the Prince also founded the successful North Investment Company, which he left in 2017.
Faisal bin Farhan’s move into politics
In 2017 Prince Faisal bin Farhan Al Saud moved into politics, becoming advisor to the Saudi Embassy in the US, and Advisor at the Office of the Crown Prince. In 2019 Prince Faisal used his German routes and fluent German language skills to become Ambassador to the Republic of Germany, where he replaced Khalid bin Bandar bin Sultan Al Saud, who had become embroiled in political conflict. The appointment of Prince Faisal was met with opposition from Khalid bin Farhan al-Saud, who feared he would persecute Saudi dissidents living in Germany, and was too closely allied to Mohammed bin Salman.
As one of the Crown Prince’s most trusted family members, Prince Faisal finally made his ascent to the cabinet in 2019, where he supplanted Adel Al Jubier as Foreign Minister, a coveted position in the Kingdom’s power structure, and one that the de facto leader was happy to return to a member of the House of Saud.
Prince Faisal bin Farhan Net Worth
Prince Faisal bin Farhan has an estimated net worth of approximately $40 Million USD in 2022. His exact salary is unknown, but it is thought he receives around $2 Million USD per year in bonus and salary.
Faisal bin Farhan Timeline
1996-1998 Deputy Chairman of the Board of Directors of Saudi Operation and Maintenance Company.
2001 – 2013 Representing Boeing Company on the Board of Directors of Al Salam Space Industries, Vice Chairman and then Chairman.
2003 – 2017 Founding Partner and Chairman of North Investment Company.
2017 Advisor at the Office of the crown prince until his appointment as Advisor at the Ministry of Foreign Affairs.
2018 – 2019 Chief Counselor, Embassy of the Kingdom in Washington.
2019 – to date Ambassador of the Custodian of the Two Holy Mosques to the Federal Republic of Germany.
2017 – to date Member of the Board of Directors of Saudi Military Industries Company.
2019 appointed Minister of Foreign Affairs.
