Thursday, 6 June 2013

Saudi Prince sues Forbes Magazine for claiming he's only worth $20 billion

Saudi Prince Alwaleed Bin Talal says Forbes magazine libelled him when they estimated his worth at $20billion instead of $30billion

Saudi Arabian prince has sued Forbes Magazine for claiming he's only worth $20 billion instead of $30 billion.  The bizarre lawsuit was brought by Prince Alwaleed Bin Talal at the London high court.  Prince Alwaleed who is one of the world's richest businessman, claims the magazine underestimated his wealth by $10 billion when it placed him at 26th in this years list.  He claimed if his exact wealth had been calculated, he would have been in the top 10 in the rich list.









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