Prince Mutaib was born in Riyadh in 1931 or 1928 as the seventeenth son of Ibn Saud. He was the full brother of Prince Mansour, Prince Mishaal and Princess Qumash who died on 26 September 2011. Their mother Princess Shahida, an Armenian, was reportedly one of the Ibn Saud's favorite wives.
Career
Mutaib bin Abdulaziz served as deputy minister of defense from 1951 to 1956 when his full brother Mishaal bin Abdulaziz was the minister. Prince Mutaib served as governor of Makkah province from 1958 to 1961. He and his older brother Mishaal were ousted from office by King Saud, but they were given official power in 1963 by Crown Prince Faisal, who entrusted them with the deputy governorship and key governorship, respectively. Both resigned from their posts in 1971 for reasons that are not entirely clear. Then, Mutaib bin Abdulaziz joined the Saudi cabinet at the end of 1975 and served as minister of public works and housing until 1980. He was the first minister of public works and housing since it was first founded in this year. His appointment and Prince Majid's appointment as minister of municipal and rural affairs by King Khalid were a move to reduce the power of Sudairi Seven in the cabinet. Later, Prince Mutaib served as minister of municipal and rural affairs from 1980 to 2009. He resigned from office and his son Prince Mansour succeeded him in the aforementioned post in November 2009.
Business activities
Prince Mutaib is reported to have benefited from all land projects in Saudi Arabia. He had this right as a result of his claim that his father, Ibn Saud, had promised him the entire rights of the Kingdom's fishery revenues. Then, the National Fisheries Company was founded by the House of Saud and he became a partner of it. Prince Mutaib was shareholder of the real-estate company, Société Générale d'Entreprises Touristiques which is chaired by Walid Saab. He also had a beverage firm.
Personal life
Mutaib bin Abdulaziz lived in later years in the Trump Tower in New York City where he owned an entire floor of the building. His son, Prince Mansour, was the minister of municipal and rural affairs between 2009-2014. Prince Mutaib was the custodian of Prince Talal bin Mansour, who is the son of his late brother Prince Mansour. Prince Mutaib's daughter Princess Nouf married Prince Talal. She died in Riyadh at the age of 34 in February 2001. As of 2013, Prince Mutaib was the 98th richest Arab in the world with the net worth of US $110.1 million. Mutaib died on 2 December 2019. His funeral prayer was held at the Great Mosque of Mecca the next day.