Friday, June 7, 2013
#Saudi #Prince Sues #Forbes For Saying He Is Only Worth $20 Billion
Some may play it down in public, but Forbes' annual billionaires list is something the world's billionaires look forward to to see where they land each year. Its a contests between the world's super rich and one billionaire is not happy about where he landed on the recent list, and is taking legal action to prove he is richer than the magazine makes him out to be. Prince Alwaleed bin Talal who is known for not only his billions but his lavish lifestyle says that Forbes undervalued his wealth by $9.6 billion. Forbes put his net worth at $20 Billion but the Prince says he is worth $30 Billion. He wouldn't be the first billionaire to complain about being undervalued. The mouth of the East, Donald Trump has constantly challenged Forbes and other billionaire listers about his net worth being more than what is being reported. However Prince Alwaleed bin Talal is taking the legal route. Must be nice to deny you're worth not $20 Billion but $30 Billion. The stress that must be.
Source: Guardian



