Saudi Prince Cutting Ties With Forbes Because They Said He's Only Worth $20 Billion. Says He's Worth At Least 30.

Feitelberg3/05/2013 10:20 PM

DM – A Saudi prince has claimed that a list charting the world’s richest richest people has understated his massive wealth. Prince Alwaleed bin Talal has severed ties with Forbes magazine after its annual list estimated his net worth at $20billion (£13billion). The figure saw the investor ranked at number 26 on the rich list joint with American Carl Icahn and Canadian media mogul David Thomson. But the prince’s office has claimed that his net worth is more like $29.6billion (£19.5billion), a figure that would have put him in Forbes’ top ten just behind L’Oreal heiress Liliane Bettencourt. He accused the magazine of a ‘flawed’ valuation method that ‘seemed designed to disadvantage Middle Eastern investors and institutions’. Alwaleed is reported to have written to Forbes editor-in-chief Steve Forbes and is said to have instructed his lawyers over the matter. The prince is said to have asked to be removed from the list.

Know what my favorite part of this story is? All the idiot commenters on Daily Mail. Absolute fucking morons. You can never know how much a human being is worth… Terminal cancer doesn’t care if you’re a prince or a pauper… He may have a lot of money, but I wonder, is he truly happy? Hey guys, how bout you shut. the. fuck. up. I promise you Prince Alwaleed bin Talal is the happiest guy in the world, as long as you don’t fuckup his net worth. Know how I know that?

The prince’s