Alwaleed Bin Talal Daughter


Wiki source

In 2013, Kerry Dolan, editor of Forbes' annual billionaires' list, wrote an article accompanying the list entitled "Prince Alwaleed and the Curious Case of Kingdom Holding Stock". According to Dolan, al-Waleed attached great importance to the Forbes list and she alleged a correlation between changes in the share price of Kingdom Holdings and the annual run-up to the list's publication. Jeffrey Towson, al-Waleed's former head of direct investments for MENA and Asia-Pacific, published a report on his blog in response to the Forbes article entitled "The 8 Big Mistakes in Forbes' Attack on Prince Alwaleed". [self-published source] Towson wrote, "Forbes' explanation of his [al-Waleed's] behavior, his business and his investment strategy is one of the worst I have ever seen. The tone is bad. But the content is worse. " According to Towson, the magazine skewed the axis of its published-share-price chart to support the correlation. In the Forbes article, Dolan wrote that al-Waleed would blind copy Dolan on text messages he sent to prominent people in an attempt to impress her. She spent a week with him in Riyadh in 2008, at his behest, touring his palaces. In 2006 Forbes estimated al-Waleed's net worth at $7 billion less than he claimed. He telephoned Dolan at home, according to the editor, "nearly in tears". Al-Waleed had Kingdom Holding's chief financial officer fly to New York before a previous list was published to ensure that Forbes used his stated numbers.