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Forbes in huge takedown of Prince Alwaleed

Posted By -NO AUTHOR- On 03/06/2013 @ 10:53 pm In Money,World | No Comments

(Business Insider) This week, Kingdom Holding Company, the investing firm of Saudi Prince Alwaleed bin Talal Al Saud, sent out a stern press release.

In conjunction with the release of Forbes’ 2013 Billionaires list, the Prince announced that he was severing ties with the publication’s ranking.

Kingdom alleged that Forbes’ methodology was biased against Mideast investors and gave the Prince’s disclosures unwarranted scrutiny.

This morning Forbes fired back in a brutal takedown hovering around 3,000 words. It’s called, “Prince Alwaleed And The Curious Case Of Kingdom Holding Stock.”


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