Saudi Prince Sues Forbes Magazine

[razorsharp]

<p>

A Saudi Arabian billionaire prince has sued Forbes magazine in London, accusing the publication of underestimating his wealth in its highly scrutinized annual list of the world’s richest people.</p>

<p>Prince Alwaleed bin Talal claims the magazine was “deliberately biased” when ranking him at a lowly 26th place in its 2013 tally of the super wealthy, according to court documents cited by the United Kingdom’s Guardian newspaper.</p>

<p>The magazine pegged his net worth at $20 billion. The prince claims it is closer to $30 billion. The difference? About $9.6 billion, the Guardian reported.

</p>

<p>[Saudi</a> prince sues Forbes over his rank on billionaires list - latimes.com](<a href=“http://www.latimes.com/business/money/la-fi-mo-saudi-prince-forbes-20130607,0,2292701.story]Saudi”>Saudi prince sues Forbes over his rank on billionaires list)</p>

<p>Where is the “scratching my head in disbelief” emoticon? </p>

<p>BTW, he made most of his money as an excellent investor and not just oil money.</p>

[notrichenough]

<p>I don’t blame him, he’s lost a lot of face amongst the other billionaire Arab princes. How is he supposed to look them in the eye when he is only ranked 26th in the world? He probably doesn’t even feel like leaving his 450 room palace. It’s embarrassing.</p>

[sorghum]

<p>In CC terms, it is like they reported he got 2400 SAT superscored, when actually he got it at a single sitting.</p>

[Krlilies]

<p>

The prince claims it is closer to $30 billion.

In that case he should have been in the top ten.</p>

[sosomenza]

<p>What a creep! Why are there still royal families? (Europe Included)?</p>

[BCEagle91]

<p>He should just buy Forbes and then he can order his editors to put him at #1.</p>