Sunday, 14 December 2008

Money, it's a hit

The Arabian Business Rich List is out again - and this time Anil Bhoyrul managed to get access to Prince Alwaleed's accounts. Must be a coincidence that this shock move into openness comes just after all those rumours about Alwaleed being broke due to the economic ruination. Surely.

So it turns out HRH is worth just over $17bn - and AB helpfully gives a breakdown of his holdings.

Oddly, the mag gets a little coy when it comes to how much cash Alwaleed has down the back of his many fine sofas: "We cannot disclose the exact amount as it is confidential, but have seen the verified total figure."

But thanks to the detailed info AB has on the rest of his empire, AdNation can exclusively reveal...

[scribbles on back of napkin]

Yep - according to AB's figures, Alwaleed appears to have roughly $2.614 billion in cash.

Loose change, really.

Now why would Alwaleed not want to reveal what seemingly anyone can easily work out...?

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