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Saudi prince sues Forbes for libel
Mail Online ^

Posted on 06/07/2013 8:56:56 AM PDT by Irenic

A Saudi prince is suing Forbes magazine for libel because it said he was only worth $20billion in its annual rich list instead of $30billion.

Prince Alwaleed bin Talal, one of the world's richest businessmen, claims the magazine underestimated his wealth by £9.6billion when it placed him at 26th in this year's list.

Being listed as worth $29.6billion would have placed him in the list's top ten.

Alwaleed accused Forbes of 'flawed and inaccurate, displays bias against Middle East investors and financial institutions' in an interview with the Sunday Telegraph in March.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Chit/Chat; Humor; Miscellaneous
KEYWORDS: jerk; saudi

1 posted on 06/07/2013 8:56:56 AM PDT by Irenic
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To: Irenic

If there were no oil underneath the sand in Saudi Arabia, this “prince” would be collecting goat droppings to heat his tent during the night. Another a$$hole who was born on third base and thinks he hit a triple.


2 posted on 06/07/2013 8:59:24 AM PDT by TruthShallSetYouFree (July 4, 1776: Declaration of Independence. Nov 6, 2012: Declaration Uof Dependence. R.I.P. America.)
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To: Irenic

I think he has a lot bigger worries than that, given what is happening in his corner of the world.


3 posted on 06/07/2013 9:00:00 AM PDT by rey
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To: Irenic; Revolting cat!; Slings and Arrows

He’s compensating for something...


4 posted on 06/07/2013 9:00:10 AM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: Irenic
Prince Alwaleed bin Talal was the guy who pulled the strings to get Obama into Harvard Law. See my FR homepage
5 posted on 06/07/2013 9:02:18 AM PDT by PapaBear3625 (You don't notice it's a police state until the police come for you.)
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To: Irenic
Being listed as worth $29.6billion would have placed him in the list's top ten.

But I'm told by liberals that there is terrorism against the West because the muslim world has no money. There is plenty of money there. Some of it even trickles to the terrorists (Bin Laden was a wealthy billionaire as was Arafat). Maybe if they would stop dropping to their knees 5 times a day to worship a dead warlord, they might rise up and tear down their monarchs and theocratic rulers who keep them living in comparative squaller.

6 posted on 06/07/2013 9:02:46 AM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: PapaBear3625

And Steve Forbes is Republican.


7 posted on 06/07/2013 9:04:14 AM PDT by sarasota
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To: Irenic

The United States of America built those stinking Oil wells for those rag heads. So all you all y’all can go pound sand.


8 posted on 06/07/2013 9:08:43 AM PDT by Rappini (Veritas vos Liberabit)
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To: Irenic

The United States of America built those stinking Oil wells for those rag heads. So all you all y’all can go pound sand.


9 posted on 06/07/2013 9:09:40 AM PDT by Rappini (Veritas vos Liberabit)
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To: sarasota

Article has “Forbes calculated the prince’s wealth based on the value of his known investments instead of Kingdom’s share price on the Taduwal, the Saudi stock exchange, it said”.

In other words, Forbes exposed that the share price of the Prince’s holding company is way overvalued.


10 posted on 06/07/2013 9:12:23 AM PDT by PapaBear3625 (You don't notice it's a police state until the police come for you.)
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To: PapaBear3625

Ha!


11 posted on 06/07/2013 9:14:57 AM PDT by sarasota
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To: rey

He has more to lose his head over than his financial ranking. The twelvers are salivating.


12 posted on 06/07/2013 9:17:51 AM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheel barrow)
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To: TruthShallSetYouFree

hahaha! Yep!


13 posted on 06/07/2013 9:18:22 AM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheel barrow)
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To: Rappini

yep. I am hoping a judge tells him to go pound sand. That would keep his butt REAL busy!


14 posted on 06/07/2013 9:20:26 AM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheel barrow)
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To: TruthShallSetYouFree

“who was born on third base and thinks he hit a triple”

I may have to use that when necessary.


15 posted on 06/07/2013 9:22:19 AM PDT by Resolute Conservative
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To: Irenic
Another Saudi Prince, impressed with his own worth, while living in a shiite-hole that would have him herding goats if the west had not come there to develop the resources he now benefits so richly from.

So, the poor, poor Prince was listed as the 26th richest man instead of in the top ten? Cry me a river.

Hopefully any sane judge will toss this frivolous law suit out on its ear with the Prince and his legal team.

16 posted on 06/07/2013 9:36:50 AM PDT by Jeff Head
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To: Irenic





17 posted on 06/07/2013 9:44:24 AM PDT by LyinLibs (If victims of islam were more "islamophobic," maybe they'd still be alive.)
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To: Irenic

What’s a few billion here or there?


18 posted on 06/07/2013 9:48:56 AM PDT by bgill (The problem is...no one is watching the Watch List!)
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To: Irenic

I think we should have taken down these filthy wahabbists immediately after 9/11.

And we still should. Them and their goddamned oil.


19 posted on 06/07/2013 9:50:31 AM PDT by onedoug
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To: Irenic

The higher you are on the list, the easier it is to impress the camels...


20 posted on 06/07/2013 9:54:29 AM PDT by Hegemony Cricket (The emperor < still > has no pedigree.)
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To: PapaBear3625

You raise an interesting possibility.

It should also be noted this actor happens to be the second-largest shareholder in News Corp., the parent company of the Fox News Channel (second to Murdock).

Perhaps if he finds the right court he will rise to the #1 position.


21 posted on 06/07/2013 10:01:47 AM PDT by frog in a pot ("To each according to his need..." This from a guy who never had a real job and his family starved.)
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To: Resolute Conservative
“who was born on third base and thinks he hit a triple”

I may have to use that when necessary.

Feel free. I stole it myself. Here's a link.

22 posted on 06/07/2013 11:05:39 AM PDT by TruthShallSetYouFree (July 4, 1776: Declaration of Independence. Nov 6, 2012: Declaration Uof Dependence. R.I.P. America.)
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To: Irenic

They should leave him off the list next year.


23 posted on 06/07/2013 12:32:17 PM PDT by proudpapa (A school is supposed to be a safe place!' Yeah well so is a womb!)
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To: proudpapa

You wouldn’t want to make a muslim cry, would you? That might be a hate crime.

Funny, those turds think they can buy everything, eh? I suppose they just about do.


24 posted on 06/07/2013 12:46:22 PM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheel barrow)
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To: Irenic; All

Alwaleed bin Talal is also part owner of Fox News parent company NewsCorp

Wonder if Fox News will try to hide this


25 posted on 06/07/2013 4:55:20 PM PDT by SeminoleCounty (GOP - Greenlighting Obama's Programs)
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