Yesterday, the kingdom holding companies, investment companies, Saudi prince Alwaleed bin Talal Saudi Arabia, issued a stern press releases.
By combining the 2013 "Forbes" billionaire list, the prince announced that he with the release of the rankings established two countries.
Kingdom holding company
Britain in the Middle East investor said, "Forbes" method is biased the prince's disclosure inappropriate review.
This morning, "Forbes" also with color in a cruel write 3000 words or so wandering. This is the so-called "prince Albert walid and curious Kingdom Holding stock, for example".
Writer John kerry doran represents a man obsessed with gives a perfect, glossy photo magazine global commercial giant image including him in his press kit sent to often watch CNBC.
Duran pointed out that kingdom holding website, puts forward the prince as "the world's most important value investors."
Of course, the most important is to order one unbelievable wealth. Doran said, "Forbes" list has come to a year after year (but no more).
Forbes:
The prince first came to Forbes "wealth hunting radar in 1988, a year later, we first billionaire problem came out. Source: the prince, who contact the" Forbes "magazine reporter, let him know that his kingdom is how to successfully established trade and contracting company, and made it clear that he belongs to the new list.
Outreach was proved to be in what is now a quarter century of intermittent lobby, bribery and threats, when it comes to his net assets listed. 142.6 billion millionaires in our list, not a not even vanity Donald trump "greater measures to try to influence his or her rankings. In 2006, when" Forbes "estimate, the prince was $7 billion less than he said he was at home, he told me the day of a list, sounds almost lacrimosa." You want to do? "He admitted, provides in the Swiss private bankers." Tell me what you need. "
The anecdote. The prince lived a hard life implementation, very little sleep, and look forward to in his 420 rooms palace, or his private plane, or his 120 acres of farm and holiday village "at any time, his staff to standby. Doran said, of his hard work, live up to his family, Saudi Arabia and Lebanese leaders left by the founder.
This is not to say that he didn't his successful business. Al walid began his a big bets on citigroup:
Forbes:
As a regulatory pressure, citigroup, in order to increase their capital base, in the face of bad loans in the developing world, al walid, then unknown outside Saudi Arabia, accumulated the $800 million position. The huge bet surge across Wall Street street business cycle, 2005 was $10 billion, make al walid, at the time, one in 1 0 the richest man in the world, and income he a nickname, which he encouraged, "buffett Arabic."
Problems, daolang write (absolutely no pull boxing) is the holding company of the relevant asset can add up to less than his report value. She says, the prince, with his own personal wealth, promote the company, in order to maintain their own image.
Forbes:
Kingdom holding shares began in early 2010, seems to be a miracle rebound rose 57%, the first ten weeks to February,, "Forbes" lock value, this year's list, Citigroup (Citigroup) share price fell about 20%. The prince "Forbes" magazine billionaire list ranking soared in step, 19 (1 $94 billion).
In the 2011 years of repeated patterns. In the ten weeks ago, "Forbes" lock, the list of kingdom holding shares rose 31%, and Saudi Arabia index rose 3%, multiples on S&P 500 index over the same period increased by 9%. (prince Albert walid completed in 26 this year of the world, the same estimated net value of $1.96 billion. It is again in 2012, when British shares up 56%, while Saudi market is up 11%, and the s&p 500 increased by 9%. (this time ava reed is 29, a $1.8 billion valuation, "Forbes" magazine after discount his request in many of his Kingdom Holding assets).
"Forbes" say, in this year's calculation, cannot prove that British estimates, al walid wealth and their estimation and his about $96 billion gap between.
 



Other News:
Forbes Publishes Huge Takedown of Prince Alwaleed After Saudi Billionaire Flippe
Evernote hacked: 50 million passwords reset
Leaving NKorea, Rodman calls Kims 'great leaders'
Ford Motor CEO Mulally gets nearly $12 million in performance bonuses
Jobless Keith Olbermann Wants His Old Job Back
Salesforce's $835 million quarterly revenue tops forecasts
Iran upbeat on nuclear talks, West still wary
Asian shares capped by China PMI slip, U.S. budget worry