A Saudi foreign ministry spokesperson and family members too confirmed the news.
"May God accept him in paradise," the prince's nephew Saud Mohammed al-Abdullah al-Faisal said on Twitter.
His death comes just two months after stepping down as the Kingdom’s foreign minister, a job which he held for 40 years.
Prince Saud was appointed as FM in 1975, making him the world's longest serving foreign minister.
He was replaced on April 29 by Adel al-Jubeir, the then ambassador to US.
Prince Saud's death six months after Saudi Arabia’s King Abdullah bin Abdulaziz died. He was replaced by Crown Prince Salman.
King Abdullah, believed to be around 90 years old, was hospitalised in December suffering from pneumonia and had been breathing with the aid of a tube.
Adviser to PM Mr. Sartaj Aziz has expressed heartfelt condolences on the sad demise of former Saudi FM Prince Saud Al Faisal.
— Ministry of Foreign Affairs - Pakistan (@ForeignOfficePk) July 9, 2015
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