Saudi prince sues Forbes after it says he's only worth $20 billion: report »

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LONDON (Reuters) - Saudi billionaire Prince Alwaleed bin Talal has sued Forbes magazine for libel in a British court, alleging its valuation of his wealth at $20 billion was short of the mark by $9.6 billion, Britain's Guardian newspaper reported on Friday. The prince, a grandson of Saudi Arabia's founder and nephew of King Abdullah, had attacked the U.S. magazine's ranking of world billionaires as flawed and biased against Middle Eastern businesses after he was ranked number 26 in this year's list. ... Source Main page (current trends)

More about: British court, forbes, King Abdullah, Prince Alwaleed Bin Talal, Saudi prince

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