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He made the most of the occasion, bagging three goals as his side ran out 10-8 winners in the sport.
The event raised hundreds of thousands of pounds for a raft of environmental and humanitarian causes.
It typically attracts an exclusive guest list, with representatives of European and Middle Eastern royal families joining industry, political and business leaders and celebrities.
It is believed to be the oldest joint Saudi-British charitable event.
Polo, which is comparable to a version of football on horseback, is believed to date back to at least the first century AD and possibly before then.
The modern incarnation of the game was developed in India during the days of the Raj, with the first club in the town of Silchar in Assam, India, in 1833.
It is played professionally in 16 countries, and was an Olympic sport from 1900 to 1936.
It marks the first in a series of similar polo fundraisers being organised by William and his brother Prince Harry to raise funds for the various charities they support as royal patrons.
Last month Harry’s new bride Meghan Markle cheered the two brothers on at the Audi Polo Challenge in Ascot, Berkshire.
She was accompanied by her friend Serena Williams – now gearing up for tomorrow’s Wimbledon Ladies’ Singles Final – and her internet tycoon husband, Alexis Ohanian.
William’s victory may have helped ease the pain of England’s defeat.
The heir to the throne met the England squad prior to them travelling to Russia, and has been vocal in his support throughout the tournament.
After Wednesday’s loss, he tweeted via the official Kensington Palace account: “I know how disappointed @england must feel right now but I couldn’t be more proud of this team and you should hold your heads high.
“You’ve had an incredible #WorldCup, made history, and gave us fans something to believe in. We know there is more to come from this @england team. W”
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