He is unhappy with a ‘flawed’ estimation of his wealth, which left him languishing in 26th place with a mere £13billion.
Prince Alwaleed, the Saudi King Abdullah’s nephew, insists his investments in London’s Savoy Hotel, Apple, Citigroup and News Corp have been undervalued.
According to the prince’s calculations he should have been ranked at number ten with a £19.5billion fortune, right behind L’Oreal heiress Liliane Bettencourt.
Prince Alwaleed has written to the magazine’s editor-in-chief Steve Forbes asking to be removed from the list, saying he will no longer work with their valuation teams. He has reportedly instructed his lawyers to look into taking legal action.
But he will continue to cooperate with the rival Bloomberg billionaires index, which ranks him as the world’s 16th-richest person with a fortune of £18.5billion.
He alleges that Forbes refused to accept valuations of his company's stocks on Tadawul, the Saudi Arabian stock market, but says that the index takes into account valuations on other emerging markets.
Culled from Dailymail
Smh
ReplyDeleteI hope he takes the list along with him when rapture comes.
ReplyDeleteWell said
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U took it right out of my mouth
ReplyDelete@ sginz or wateva ur name is,Did God or Rapture tell u dat u shldnt make moni? Y not stay broke or empty handed so wen rapture comes u won't take anytin along wit u....u beta go nd make nd stop hating!,mtcheeew!
ReplyDeleteSginz tnk u o,mind u his nt hating,its like evry1 jst loves using d word "hating" d guy obviously is proud,common does ranking him 18th or wateva change anytin? Every1 loves money, buh ds guy is overeacting jor
ReplyDelete@sginz
ReplyDeleteWhat flipping rapture .. You sound like a frustrated bull, nobody likes to be undervalued. Your stupid rapture will come the day you take your last inhale. MORON!
Vanity vanity.What shall it profit a man to be no 1 on forbes list and lose his soul.Yes all u insulting me are either theives,yahooboys or prostitutes.Hope your line of work places u on the 1millionth list in Nigeria.Repent
ReplyDeleteSingz or whatever your name is please just shut the fuck up and take several seats... Self righteous moron.. Its nobody's fault ur a broke ass bitch/ nigga... Allow d rich enjoy their wealth and work harder to b like them
ReplyDeletePls what is the man's problem?Forbes probably didn't add it because the means is not verified.Do u think Dangote is the richest man in Africa?def not.There are many richer than him but can't be on the list because of the means by which they ammassed their wealth can't be verified. So the man should take a chill pill
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ReplyDelete@high class slut, if you like don't close ur pu**y and stay one place till them go use you do rituals.. Stupid runz girl...
ReplyDeleteGive her a break. She's probably kidding.
DeleteMoney is good if it's a tool, money answers all things. Whn God gives u money, remember to reach out and bless the world with ur wealth. Most importantly, promote the gospel of Jesus Christ with ur wealth.
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