Sunday, October 16, 2011

Who is Arabian Warren Buffett ? Prince of Saudi Arabia

Who is Arabian Warren Buffett ? Prince of Saudi Arabia
Until the one month anniversary of the September 11 attacks against the United States, Saudi Prince Al-Walid bin Talal bin Abdulaziz was not recognizable to most people outside of the Middle East and international business circles. Although he was then listed by Forbes magazine as the six richest person in the world (he is now eleventh) and had invested the bulk of his estimated $20 billion fortune in high-profile American corporations, until October 11, 2001 Al-Walid remained what Business Week once called "the most important financial kingpin that you've never heard of."1 His gift of a $10 million check to the victims of the World Trade Center disaster on that day would have made him a celebrity in the United States, had it not been followed by a statement so offensive to most Americans that New York Mayor Rudolph Giuliani promptly returned it. The intense media frenzy which resulted was quickly superseded by the war in Afghanistan, however, and the prince soon became a mere antagonist in Giuliani's mythic rise to national fame

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